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Turkish Citizenship by Property Investment Just Got Cheaper: Now $250,000

An announcement in the official Gazette of Turkey reports revised changes for gaining Turkish citizenship by investment. Financial criteria has been massively reduced in an aim to attract more foreign investment into the country. Previously the required financial outlay for gaining citizenship through real estate acquisition was 1 million USD....

Posted on 19 September 2018

Turkish Airports Served 140 Million Passengers in First 8 Months of 2018

Data released by the General Directorate of State Airports Authority reveal Turkish airports handled 140 million passengers from January to August 2018 of which 45.7% of trips were on flights to and from other countries.  Including international and domestic flights, this was an increase of 12.7% year-on-year. The stats are...

Posted on 13 September 2018

Real estate in Antalya: Introduction Guide for Property Buyers

The Antalya province of Turkey, a marvellous collection of a bustling city centre, and smaller coastal resorts always surprises newcomers, both foreigners and Turks alike. Backed by the green Taurus mountain range and fronted by sandy beaches and the crystal blue Mediterranean Sea, it is the second most popular holiday...

Posted on 09 September 2018

Regions of Turkey: Seven Geographical Areas Showcasing its Diversity

Whether you plan to just travel, or buy property and live here, the seven geographical regions of Turkey are a perfect introduction to the country’s diversity. The world stereotypes the country, yet it cannot be labelled, nor packaged into a tidy cliché, and for good reasons. A quick look at...

Posted on 05 September 2018

Turkish Lira Crisis Boosts Foreign Tourism to All-Time High

Over 2018 as the Turkish lira edged into an official economic crisis, many wondered how this would affect business in Turkey, but one sector gaining from the disaster is foreign tourism. Since January 2018, the lira has depreciated by a staggering 46%, and in August briefly touched 9 lira to...

Posted on 02 September 2018

About Bodrum: Three Fun Facts to Know

Any personal quest to learn about Bodrum reveals quirky and interesting facts that make it more appealing than ever before. Unravelling complex layers of misunderstood beliefs gets to the spiritual essence that locals are proud of. It’s not an overstatement to say everyone falls in love with Bodrum. Turks adore...

Posted on 28 August 2018

Turkish Airlines Breaks Daily Passenger Record

Turkish Airlines have announced they broke their own record on Saturday the 18th of August by carrying 253,000 passengers on 1,547 flights to destinations all over the world. Achieving a 75% on-time departure rate, this breaks the company’s earlier record of daily passenger numbers. Part of the record was 6000...

Posted on 26 August 2018

Chinese Tourism in Turkey Reports Record Numbers

Anadolu News Agency is reporting record figures for Chinese tourism in Turkey. During the first half of 2018, 191,000 Chinese tourists came to Turkey, an increase year-on-year of 91%. The growth has been credited towards China’s promotion for the country in a targetted “2018 The Year of Turkish Tourism” campaign....

Posted on 24 August 2018

Bupa Set to Acquire Turkey’s Second Largest Health Insurer

In an announcement on their website, Bupa confirmed they set to acquire Acibadem Sigorta, Turkey’s second largest health insurer. Although the acquisition is still awaiting regulatory approval, the CEO of Bupa International said… “We’re delighted to announce Bupa’s agreement to acquire Acıbadem Sigorta. Its impressive growth, first-class management team and...

Posted on 21 August 2018

Turkish Hotels Report 100% Occupancy for Kurban Bayram

Turkish hotels in main touristic areas of Turkey have warned holidaymakers without reservations, they will be disappointed because most hotels are running at 100% occupancy rates. Asking them to pre-book before they arrive, the request comes as Turkey enters the annual religious Kurban Bayram holiday. The official holiday runs from...

Posted on 19 August 2018

Yalikavak Guide : The Gem of Bodrum

Any good Yalikavak guide should start with paying homage to its transformation from a nonentity to Turkey’s star performer. Throughout history, locals relied on sponge diving and fishing for an income, but around the 1980s, mainstream package tourism appeared in Turkey. Yalikavak embraced it with open arms and enjoyed an...

Posted on 14 August 2018

Tourism in Antalya Boosted by Brits Getting Value for Money

While Turkey’s tourism industry has rebounded in 2018, domestic and foreign newspapers say Brits taking advantage of the all-time low Turkish lira, and low prices,  are boosting tourism in Antalya. Travel Agency and Airline Thomas Cook confirmed Antalya has now overtaken Palma De Mallorca as their most popular destination, with...

Posted on 11 August 2018

Excellent Reasons to Buy Property in Kalkan

Potential buyers looking for reasons to buy property in Kalkan will not be short of answers. This small, coastal resort delivers everything and anything in bucket loads, explaining why it is a favoured destination for many but in particular, Brits as revealed in a 2012 survey that said 96% of...

Posted on 09 August 2018

Why Property in Gumusluk Easily Attracts Buyers

During the first half of 2018, the Turkish real estate market showed mass improvement with an increase in foreign buyers, and one sector garnering immense interest of many nationalities is property in Gumusluk. Sitting on the western Bodrum peninsula, the small village lays off the beaten track and is often...

Posted on 06 August 2018

Buying Property in Alanya: A Market Overview

As Turkey grows its tourism and foreign real estate market, many people are thinking of buying property in Alanya on the Mediterranean coast. Indeed, various nationalities including Brits, Russians, Europeans and Middle-Eastern, already own homes there and use them either for holidays, buy-to-let rental or for permanent living as expats....

Posted on 02 August 2018

Foreign Buyers of Turkish Real Estate Continue to Grow in Numbers

In the first six months of 2018, foreign buyers of Turkish real estate increased by 23% year-on-year, showing the country is still a popular overseas destination for property investors. Attracted by low prices and the current exchange rate working in their favour, nearly 12,000 houses were sold across the country...

Posted on 29 July 2018

6 Towns on the Bodrum Peninsula that Expats Love

Expats of all nationalities who seek a dream life in the sun often end up living in towns on the Bodrum peninsula of Turkey. The lure is not hard to explain, and anyone who has visited the region will testify about the laidback, cosmopolitan lifestyle that the Bodrum peninsula wholeheartedly...

Posted on 22 July 2018

Tourism in Alanya is the Mediterranean Coast’s Star Performer

A recent report by the Anadolu News Agency has revealed the industry of tourism in Alanya hosts one out of ten foreign visitors to Turkey. Commonly, when travel stats are published, the town is grouped in with Antalya, the vast region that it belongs to, but the report looked to...

Posted on 19 July 2018

Turkish Hotel Industry Enjoying Nearly Full Occupancy Rates

The Turkish hotel industry is reporting a successful first half to 2018, with occupancy rates nearly reaching full capacity for the height of the summer season. Both domestic and international visitors are contributing towards the bounce back following 3 years of low bookings amid security fears. International visitors have risen...

Posted on 17 July 2018

What You Need to Know About Turkish Mortgages for Foreigners

Recent reports say foreign buyers of Turkish property are on the up, with more than 22,000 purchases made in 2017. This is no surprise because Turkey offers some of the best prices in the Aegean and Mediterranean, to accompany the idyllic dream of a life in the sun. While most...

Posted on 14 July 2018