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Icmeler Villas Becoming Extremely Popular with Foreign Buyers

Icmeler Villas are becoming some of the most popular properties in Turkey. This is coming as quite a shock to many in the industry. Turkey's holiday property markets have traditionally grown fastest in areas where tourism is growing fastest -- the holiday makers of today becoming the holiday home buyers...

Posted on 04 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

Turkish Property Sales up 24% Year on Year in 2009

House sales in Turkey rose 24% year-on-year in the nine months ending September last year, according to new data from the Real Estate Investing Partners Association (GYODER). The body put the rise down to a reduction in title deed fees and value-added tax (KDV), as well as promotions by developers....

Posted on 25 February 2010

Altinkum Property Set to Be Big Star in 2010

All the signs point to Altinkum property being one of the biggest sellers with foreign buyers of Turkish property in 2010 – especially Brits. According to recent data some 80% of the 67,000+ tourists received by Altinkum last year were British. As we all know, a place which is popular...

Posted on 19 February 2010

New Marina at Cesme to Meet Twin Aims for Turkish Tourism

Turkey is keen to muscle in on the lucrative Mediterranean yacht tourism market with the announcement of a new 400-Berth Marina at Cesme, which follows the recently opened Altinkum marina, to become the latest in what is becoming a line of new multi-million pound marinas on the countries Mediterranean coastline....

Posted on 17 February 2010

Turkish Property Becoming the Popular Choice for Professional and Private Investors

Turkey’s Istanbul Real Estate Investment Trust saw returns increase by 3.2% in January, a month when REITs across Europe (with a few exceptions) saw returns from REITs falling. This is just the latest in a long line of reasons why more and more property investors are turning to Turkey in...

Posted on 12 February 2010

Turkey Visa-Free Agreements to Boost Tourism

In the last fortnight Turkey has taken two very significant steps to increase tourism to the country. Citizens from both Lebanon and Albanian can now travel visa-free to and from Turkey, and vice-versa for Turkish citizens. Albanian's can now stay up to 90 days in Turkey without the need for...

Posted on 11 February 2010

Turkish Airlines Posts Exceptional Growth in 2009 Passenger Numbers

Turkish Airlines, Turkey's flagship carrier saw passenger volumes grow in 2009, making it one of a only a few airlines to see growth in what will surely be known as one of the most difficult years for international aviation since the advent of the budget carrier. Not only that, but...

Posted on 04 February 2010

Turkish Economy to Grow More than Previously Expected Says World Bank

The World Bank country director for Turkey, Ulrich Zachau has said that the organisation "expects" Turkey's economy to grow by 4-4.5% this year, which is higher than the World Bank's running forecast of 3.5%. On the other hand, he said that high unemployment would continue to be a problem in...

Posted on 03 February 2010

Turkish US Trade to Increase by a Factor of 3

Speaking at a lunch hosted by the Turkish–American business council, U.S. Ambassador to Ankara James Jeffrey has said that trade between the two nations could increase by up to three times. After taking time to understand the problems and develop a plan for trade relations, Turkey and the United Sates...

Posted on 28 January 2010