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Category Archives: Turkey

Turkish Property Prices Continue Steady Rise

New figures show Turkish property prices are continuing to increase at a steady and sustainable pace. According to REIDIN.com's Turkey Residential Property Price Index sales prices increased 0.83% across the entire country in July compared to June 2011. Istanbul recorded the strongest increase with prices up 1.05% on the month,...

Posted on 17 August 2011

Top of the Props: New System Shows New Trends

As some of you may have noticed we have been doing a lot of work on the Spot Blue website, in fact we have just had the entire site rebuild to observe modern coding standards, and introduce new functionality including social media logins (and registration). Next comes a redesign, ideas...

Posted on 11 August 2011

Returning Migrants to Boost Turkish Economy and Property Market

Large numbers of migrant workers who have been employed in Western countries are now returning to their Turkish homeland some 50 years after this economic migration began. Although unemployment is one of the major causes as to why Turkish workers are returning home, many are also attracted by the rapidly...

Posted on 04 August 2011

Turkish Tourism Growth Continues Unabating

According to the latest data from the Turkish tourist and statistical bodies, Turkish tourism is growing strongly this year, and the target of 30 million for this year as a whole continues to look attainable. The Turkish culture and tourism ministry has just reported that 13 million tourists visited Turkey...

Posted on 03 August 2011

Turkish Airport Traffic Strong and Growing Stronger

Anna.aero, the airport statistics collation website has just published data the performance of all European airports in 2010, as well as their growth in 2011, and the figures for several Turkish airports are nothing short of incredible. The figures for Antalya international airport stand out in particular. Some 21.99 million...

Posted on 29 July 2011

Turkish Housing Sector Presents Excellent Investment Opportunities

According to the latest report from the Real Estate Investing Partners Association (GYODER) Turkey's impressive growth in GDP and income per capita is leading to its presenting some of the finest property investment opportunities in the developing world. The report, titled "Real Estate in Developing Countries and Turkey; Assessments and...

Posted on 25 July 2011

Turkish Property Prices Continue Strong, Steady Growth

Earlier this week we revealed that Turkey is now the fastest growing economy in the world, based on the latest data from Turkstat showing 11% year on year growth in the first quarter -- beating Argentina (9.9%) and China (9.4%) by a considerable margin. And now we can reveal that...

Posted on 16 July 2011

Turkish Unemployment Now in Single Figures

According to the latest data from Turkstat Turkish unemployment has fallen into single figures for the first time since July 2008, falling 2.1 points from April 2010 to stand at 9.9% for April 2011. The data shows that 2.6 million people were registered unemployed in April 2011, compared to 3.07...

Posted on 15 July 2011

Turkey Extends Presence as Prominent Player in Global Economy

Turkey continues to expand its presence as one of the prominent players in the post-crash global economy. It's like another week another slew of positive economic data. In the last week we have seen 3 Turkish banks ranked in the top 25 of a chart of the world's most profitable...

Posted on 13 July 2011

Turkey Welcomes Influx of Wealthy Arab Tourists

We recently reported that tourism to Turkey had increased by 14.56 percent in the first five months of this year, compared to the same period in 2010 according to data from the Ministry of Tourism. However, far more significant in the larger scheme of things is the market share of...

Posted on 08 July 2011