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Category Archives: Turkey

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

Turkish Economy Now Fastest Growing in World

The Turkish economy continued its incredible growth with a record of 11% year on year GDP growth in the first quarter. This made Turkey the fastest growing economy in the world by an incredible margin; Argentina was closes with 9.9% followed by China with 9.7%. At the start of 2010...

Posted on 01 July 2011

Tourism Ministry Reveals Strong Growth in 2011 Tourism

According to the latest data from the Culture and Tourism Ministry, Turkey welcomed 9 million visitors in the first 5 months of 2011, a 15% growth on the same period last year. The news comes about 1 month after the Ministry revealed the 6 million visitors in the first 4...

Posted on 30 June 2011

Mugla Region Named Top Trending Region in Rightmove Search Report

According to the latest data from Rightmove the Mugla region is the most popular region in Turkey in terms of demand from foreign buyers, and is now becoming one of the hottest markets in the overseas property world. In the Rightmove Overseas Search Report for May, Mugla is shown in...

Posted on 27 June 2011

Turkish Tourism Growing Strongly in 2011

In the first quarter of 2011 Turkey received 4.4 million tourists, an increase of 18.9% on the 3.7 million visitors received in the first quarter of 2010 according to the latest data from Turkstat. The strongest increase was recorded in March this year, the 1.8 million visitors a growth of...

Posted on 24 June 2011

Christiano Ronaldo Highlights Turkish Tourism Experience

[caption id="attachment_9669" align="alignleft" width="300" caption="Christiano Ronaldo and Irina Shayk on Blue Cruise in Bodrum"][/caption] For anyone that doesn't know, Christiano Ronaldo is currently holidaying in Turkey as a guest of Besiktas chairman Yıldırım Demiroren. Ronaldo, formerly of Manchester United and now playing for Real Madrid is one of the most...

Posted on 22 June 2011

Turkish Tourism Spikes in 2011, Will they Stay or Will They Go?

Turkey welcomed 6 million visitors in the first 4 months of 2011, an astonishing 21% increase over last year. Obviously this incredible rise has been mainly attributed to the Arab Spring; the name given to a series of uprisings which have toppled governments and created warzones across the Middle East....

Posted on 10 June 2011