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Why today’s Istanbul is attractive to non-resident Turkish and Arab investors

Turks and Middle Eastern citizens based around the world, including the Americas, who are looking for global investment opportunities could be missing out by not considering modern-day Istanbul and wider Turkey, said Turkey property specialist Spot Blue International Property in September. “In the USA alone there are an estimated 500,000...

Posted on 26 September 2014

Turkey rated as a top place in the world to direct foreign investment

Turkey ranks in the top 25 countries worldwide where international business executives are likely to direct foreign investment, according to a recent independent report. The 2014 Kearney Foreign Direct Investment Confidence Index lists Turkey as 24th,  and shows an increase in confidence in the country’s investment outlook compared to 2013....

Posted on 23 September 2014

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...

Posted on 17 September 2014

Istanbul’s commercial property sector remains attractive in 2014

Long-term economic growth prospects in Turkey have been described as ‘bright’ by international property consultancy Cushman Wakefield, which added that the Turkish economy is expected to accelerate in 2015 after a slower 2014. In a recent report on the first half of 2014, Cushman Wakefield also stated that the confidence...

Posted on 16 September 2014

Istanbul developer commends UK agency Spot Blue and forecasts strong growth in Turkey

Turkish property specialist Spot Blue International Property has been praised as a key route to market by a developer in Istanbul, whose target markets include the Middle East, Europe and the UK and who believes the Turkish property market is entering another decade of strong growth under its new president....

Posted on 12 September 2014

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...

Posted on 12 September 2014

Turkey’s air traffic reaches new heights in 2014

2014 has seen Turkey’s popularity as a holiday destination boost, after figures from Turkey’s State Airports Management General Directorate (DHMI) showed that the number of passengers that passed through Turkey's airports in August increased 11 percent year-on-year to reach a total of 19 million. For the first eight months of...

Posted on 09 September 2014

Turkey in the world’s 50 most competitive markets, with rising exports

Turkey is the 45th most competitive market out of the world’s 148 most important economies, according to the 2013-2014 Global Competitiveness Report by the World Economic Forum (WEF). Six European countries dominated the top 10 places of this year’s GCR, namely Switzerland in first place, as well as Finland, Germany,...

Posted on 04 September 2014

Celebrity chef Stein to bring the taste of Turkey to Britain’s TV screens

Fans of Turkey and its colourful lifestyle will enjoy a new TV series covering Turkish food and hosted by TV chef Rick Stein, which is scheduled to be broadcast on BBC 2 next year. Turkey’s well known for its beaches, sunshine and exciting culture, and Stein’s new series will help...

Posted on 02 September 2014

Foreign investment up as Turkish economy outshines much of Europe

Foreigners invested $2billion in Turkish property in the first half of 2014, a period that saw a 28 per cent hike in overall foreign direct investment (FDI) in Turkey compared to 2013. FDI in Turkey between January and June was worth $6.8billion, according to data released by the Central Bank...

Posted on 29 August 2014

Turkey ups its game as a world-class golfing destination in 2014

Turkey’s campaign to become a global golf destination has gained momentum during 2014, with the golfing resort of Belek hosting a series of international tournaments and Turkey being ranked the fifth most important destination for golf tourism by the IAGTO, said Turkey property specialist Spot Blue International Property in August....

Posted on 28 August 2014

Landmark new Istanbul airport to be named after President Erdogan

Istanbul’s iconic third airport, set to be the largest in the world once completed in 2018/19, will be named after the country’s new president-elect, Recep Tayyip Erdogan. The new airport is expected to serve 150 million passengers per year, replacing Turkey’s current main air hub in Istanbul, which is named...

Posted on 14 August 2014

Turkey enters new era as Erdogan takes over the presidency

Turkey has its first ever directly elected president, after its existing prime minister, Recep Tayyip Erdogan, won the presidential election at the start of August, vowing to build a new Turkey. Erdogan's election as President of Turkey should enable him to continue to drive the growth he has generated as...

Posted on 13 August 2014

Russians spearheading tourism growth in booming Antalya in 2014

The city and province of Antalya is proving an ever-growing hit with foreign tourists, but in particular Russians, after new figures showed an increase in the number of tourists there during the first seven months of 2014 compared to last year. According to the Antalya Culture and Tourism Provincial Directorate,...

Posted on 05 August 2014

Healthy data signals bullish second half of 2014 for Turkish property market

Rising property values, booming tourist numbers and ever-improving air access – Turkey’s attraction to foreign property-buyers has gained momentum during the first half of 2014 with a promising second half ahead, said property agency Spot Blue International Property in August. Property Sales to foreigners in Turkey rose 60 per cent...

Posted on 01 August 2014

Investors welcome ongoing appreciation of new Turkish homes in 2014

The average price of new homes in Turkey continued to rise in June, according to the trade body for Turkish real estate, making a property investment there increasingly attractive to foreign buyers in 2014. The REIDIN-GYODER New Home Price Index showed that in June, new Turkish house prices recorded a...

Posted on 30 July 2014

Rising number of museums helping to drive up Turkey’s tourist numbers

Turkey’s appeal to tourists now stretches far beyond its beaches, weather and bazaars, with new statistics showing that annual visitors to the country’s museums and historic sites rose by a staggering 428 per cent between 2000 and 2013. According to the Turkey Museums 2013 report by the Association of Turkish...

Posted on 28 July 2014

Demand continues to put upward pressure on Istanbul rents and property prices

Rents in Istanbul have risen by 42 per cent in districts close to the city’s Ataturk Airport, according to recent reports in the Turkish press, which also state property prices there are recording double digit growth per annum. Apartments in Istanbul are said to be in high demand as the...

Posted on 22 July 2014

“Sea views and a fantastic lifestyle every day” – Turkey’s charm wins over another British expat

Waking up to sunshine and sparkling sea views is now a daily treat for Sara Chandler from Essex, who has recently relocated to her apartment on a 5-star complex in Turkey, after successfully purchasing it through property agency Spot Blue International Property. Ms Chandler bought her two-bedroom apartment, located in...

Posted on 18 July 2014

Istanbul attracts world’s 7th highest number of international travellers

Istanbul is among the 10 most popular cities in the world, according to Mastercard’s 2014 Global Destination Cities Index, which ranks the world’s most travelled cities by international overnight visitors. The iconic Turkish city came seventh out of 132 cities assessed in the Index, with an estimated 11.6 million visitors...

Posted on 16 July 2014