Turkish property market prepares to wow investors at Dubai expo

The Turkish property market will be in the limelight next week, when the annual Cityscape Global property exhibition in Dubai takes place, with Turkey being the second most featured country after the host nation, the United Arab Emirates. Cityscape takes place on 21st-23rd September at Dubai’s grand World Trade Centre and will attract high net […]

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The sky’s the limit for developing Istanbul and its impressive skyline

Modern-day Istanbul is gaining a name for its growing skyscrapers, following the release of an independent index that ranks the city as the world’s 22nd most visually impactful skyline. The latest Skyline Ranking by research website Emporis also shows that Istanbul has Europe’s second most impressive skyline, after Moscow, which is ranked 11th overall. Top […]

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Why Istanbul’s Beylikduzu district is a hit with Turkish and foreign investors

Demand for property in one of Istanbul’s most desirable districts, Beylikduzu, is expected to grow during 2014, as more investors discover what this exciting area on the city’s European side has to offer. Together with the nearby Atakoy Marina district, luxury new developments in Beylikduzu are attracting an increasing number of upper-middle class Turks, as […]

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Turkey's interest rate hike stalls Lira’s fall, fuelling domestic rental market

Developers in Istanbul are reporting a hike in sale to foreign investors during December 2013, fuelled by investors taking advantage of a slump in the value of the Turkish Lira against other major currencies. The recent drop in the value of the Lira against the US Dollar and Sterling has increased the spending power of […]

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Why Turkey’s MINTy taste makes it an emerging economic powerhouse

Turkey has been named one of four emerging economic giants in the world by a leading economist at investment bank Goldman Sachs, boosting its appeal to foreign property investors during 2014. Economist Jim O’Neill, who created the BRIC acronym which in 2001 identified Brazil, Russia, India and China as the world’s next economic powerhouses, has now […]

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Property prices in Turkey rising at sixth highest rate in the world

Turkey is ranked sixth – three places above the next European country, Germany - in the latest House Price Index for the third quarter of 2013 compiled by an international property consultancy. According to Knight Frank’s quarterly index, house prices in Turkey were 12.5 per cent up in the third quarter of the year compared […]

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Leading Gulf property company backs Turkey and commits £’millions to the market

Confidence in Turkish property received a boost this month after a leading real estate firm in the Gulf announced a major foray into the market with investments to the tune of AED 200 million (around £33milion). The Gulf property firm has unveiled three iconic projects in Turkey as part of its plans to invest in […]

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Foreign investors in Turkish property predicted to be worth $3 billion during 2013

Property sales in Turkey were up 78.7 per cent in the first half of 2013 compared to last year, a member of Turkey’s Real Estate Investment Trust Association (GYODER) said in October. According to the Anadolu news agency, Isil Gokkaya of GYODER added that Turkey’s new law that has opened up its real estate market […]

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Deals worth $1.3billion - Istanbul property goes down a storm at Dubai property show

Occupying the largest international pavilion at the Cityscape property exhibition in Dubai this year, Turkey has lived up to expectations of drawing Gulf investors, with one developer on course to net around $1.3billion worth of investment. Turkish developer Agaoglu Group confirmed that the Financial Center in Istanbul has been a true star at the exhibition, […]

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The £170K question: where would you invest in property, Turkey or the UK?

One is an exciting emerging economy that bridges the gap between East and West, and the other is an established Western market, ut one thing both Turkey and the UK share right now are bullish property markets. Turkey ranked sixth in the latest Knight Frank Global House Price Index, recording a rise in mainstream residential […]

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