The Yali mansions of Istanbul, Turkey’s most expensive real estate market, are in the limelight as the 32,000 square foot Zeki Pasa mansion, where Boris Johnson’s great grandfather once lived goes up for sale. Listed for a staggering 96 million USD, the estate sits on the European Bosphorus shores in Rumelihisari district, home to many […]
For the first five months of 2019, tourism in Istanbul exceeded 5 million people to match previous records set in 2014. With a rise of 11% year-on-year, the city’s turbulent times are behind them as tourists started returning in 2018, and look set to continue this trend throughout the year. A publication by the Istanbul […]
At a ground-breaking ceremony in February, Recep Tayyip Erdogan confirmed the New Istanbul Cultural Center and Opera House would open within two years. The original project when unveiled in 2017, was given a projected opening date of 2019, but this has now been extended to 2021. With an expected project deadline of 20 months, the […]
The delayed opening of Istanbul New Airport, a megaproject that will change the face of travel in Turkey has been set for March 3rd, 2019. Previously scheduled to open in October 2018, the airport is currently running a skeleton schedule of domestic and international flights via Turkish Airlines, the country’s national carrier. After the official […]
On the 29th October 2018, a date coinciding with the Turkish Republic’s 95th anniversary, the new Istanbul Third airport held its official grand opening ceremony. Headed by Turkey’s president Recep Tayyip Erdogan, over 5000 people including leaders from ten countries like Pakistan, Georgia and Bulgaria attended. Also, in attendance were Turkish ministers and senior officials […]
As Istanbul New Airport gears up for its grand opening, all eyes are upon Turkey to see just what they have pulled off. Without a doubt, it is the country’s biggest and most expensive landmark ever built. Spearheading Turkey’s list of mega projects, when complete in 2023, it will be an important travel hub not […]
Recep Tayyip Erdoğan’s landmark victory at the polls in Turkey last month not only secured him his second five-year presidency but also delivered the foundations for a more stable economy in the country, a condition that should go some way towards reassuring international investors, said Spot Blue International Property in July. “While things have settled […]
In 2008, due to the growing population, the 4800-hectare area of Esenyurt, broke away from neighbouring Buyukcekmece to become a certified district of Istanbul in itself. Neighboured by Avcilar, Buyukcekmece, Beylikduzu, and the northern region of Arnavutkoy, real estate investors were buying Esenyurt property in previously undocumented numbers. Of course, Istanbul was just beginning a […]
Without a doubt, Istanbul is the most active real estate market in Turkey, but one district is gaining more fame and attention than others. The Beylikduzu property market, sitting west from the Bosphorus straits has received praise from many local and international real estate sectors for its excellence in urban planning. Its reputation is rising […]
This week, President of Turkey, Recep Tayyip Erdogan unveiled plans for the new Ataturk Cultural Centre in Taksim Square, Istanbul. The old Ataturk Cultural Centre that many officials said was ugly and unsafe will be demolished, and work will begin on the new building with plans for it to open by 2019. Despite being a […]
