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Category Archives: Turkish property investment

Turkey Property a Hit With Investors, and Rightly So

According to official data from the Turkish General Directorate of Land Registry, some 32,000 Brits are dominant owners in a country which has seen foreigners purchase over 65 million square meters of land and property since 2002. With 6 million square meters of that owned by Brits, they own twice...

Posted on 20 November 2010

State-Owned Turkish Property Developer in 1 Billion TYR IPO

State-owned Turkish real estate developer is selling a 25% stake of the company in an Initial Public Offering next week. The firm is selling 625million shares at between 1.60 and 2.15 Turkish Liras each. Doing the math that is a valuation of 1 billion liras (at the lowest price of...

Posted on 07 November 2010

Turkey Property: Top of the Props October

Well, it's been well over a month since we looked at the top performing properties, and we thought it would be good to take a look. For those reading for the first time, we recently started compiling data on the most reviewed properties on the Spot Blue website. We last...

Posted on 03 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

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 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

Turkish Property Investment on the UpnUp

Maybe it’s just us (unlikely) but the level of material, information, national press news and opinion articles, and blog posts recommending investment in Turkish property has grown hugely in the past 12 months. Actually, no, that doesn’t do the situation justice. The level of coverage has been increasing slowly for...

Posted on 30 July 2010

Kalkan Property has a Lot to Offer

It is a commonly heard term in the world of property, a rich history, but when it comes to Kalkan it is really true. Kalkan is known (I didn't say well known, but this will be covered later), for its Lycian ruins, Lcyia of course being the first federation state...

Posted on 18 March 2010

Turkey Property Hitting the High Notes of Buyer Sentiment

Anyone interested in overseas property in general for whatever reason, will have read at least 1 article on Turkish property this week, and potentially a lot more. Turkish property is most definitely one of the most talked about markets in the industry press at the moment. It is little wonder;...

Posted on 06 March 2010

Home Sales Rise Fastest in South East Turkey – Turkstat

The south-eastern and eastern regions of Turkey accounted for 28% of a 3.9% quarterly increase in Turkish home sales in the fourth quarter of last year. This was by far the largest proportion held by any region, and proves that the south-east of Turkey has one of the brightest property...

Posted on 26 February 2010