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Category Archives: Trends

Turkey Property: 2 Reasons to Buy ASAP

Turkish inflation has surged in May, making a rate rise in the country ever more likely in the near future. According to data from Turkstat, the annual inflation rate soared to 7.2% in May, from the almost 50 year low of 4.3% the month before. The Central Bank had forecast...

Posted on 03 June 2011

Top of the Props in April

We recently redesigned the Spot Blue website and one of the features that we expanded upon was the collation of statistics, specifically the most popular properties. Instead of simply keeping a rolling average of views, we now measure weekly views, monthly views, and lifetime views. We have just collated the...

Posted on 12 May 2011

Istanbul Airport Traffic up 70% in 2010

Traffic through the Istanbul Sabiha Gocken airport grew by an incredible 70% last year compared to 2009 according to data from air traffic data collation website Anna.Aero. Even more incredibly this growth saw the airport become the second fastest growing in the world, beaten only by the airport at Kaunus...

Posted on 11 February 2011

Turkish Airlines Open Istanbul to Washington Route – Latest of Many

Turkish Airlines CEO Dr Temel Kotil has flown to Washington to cut the ribbon and officially launch the airline’s new landmark route between its hub at Istanbul Ataturk and Dulles airport in Washington. The flight will run 6 times per week and connects with Turkish Airline’s star alliance partner United...

Posted on 13 November 2010

Turkish Property Shines as Best Performing Regional Market

Turkey is recovering from the global financial crisis strongly, with its economy ranked as one of the best and most stable performers in the region, according to a recent report from real-estate brokerage Cushman & Wakefield. Real estate investment brokerage Cushman and Wakefield have reported that Turkey is one of...

Posted on 21 October 2010

CIVETS to Take Over from BRICs as Emerging Markets Lead Global Recovery

"It's a defining moment," said HSBC CEO Michael Geoghegan. He was referring to the fact that emerging markets are expected to overtake their developed counterparts in purchasing power parity. "Emerging markets will grow three times faster than developed countries this year and are driving global recovery," he said. "Within three...

Posted on 13 October 2010

Turkey UAE Trade Back to 2008 Levels

The United Nations Ambassador to Turkey has said his time is dominated by promoting and facilitating business deals and investments between the two countries, as Turkey/UAE trade returns to near 2008 levels. Al-Mualla said that he is happy to see Turkey has a renewed focus and new vigour with regard...

Posted on 29 September 2010

An Exciting Time for Turkish Property

Overseas mortgage provider Conti has provided more than mortgages for Turkey this month. According to the firm, Turkey was the third biggest destination in terms of demand for mortgages from foreign property buyers. 18% of all Conti's mortgage applications for overseas property purchases were for mortgages to buy Turkish property,...

Posted on 24 September 2010

Turkish Economy Powering Forward as one of Hottest Emerging Markets

Turkey is continuing to drive forward on its path to one of the world's greatest emerging markets. Analysts believe the economy grew 10% in the first half of the year. And reports have emerged that this growth is continuing to fuel employment growth. The air transportation industry has been an...

Posted on 03 September 2010

Turkish Central Bank Leaves Rate Unchanged

The Turkish Central Bank’s Monetary Policy Board kept the benchmark interest rates unchanged Thursday, with the overnight borrowing rate at 6.50 percent and lending rate at 9 percent. This is positive news for anyone considering buying a property in Turkey. Because Turkey made banking reforms in the 2001 crisis, liquidity...

Posted on 20 August 2010