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Turkish Golf Rising in Popularity as Fast as Turkish Property

Turkey has grown into one of Europe's most popular locations for golf holidays in recent years, not least because of its popularity with overseas property buyers and how the two seem to go hand in hand.During the boom in overseas property buying in the past few years, as Turkey's tourism...

Posted on 24 April 2009

Altinkum Marina Completed and Open for Business

The long awaited £33.6 million Altinkum Marina opens today, and it is expected to change the face of Turkey's Aegean coastline at Didim.Encompassing 287,000 square metres of land and a lot more sea, the marina is certainly an impressive feat; comparable to all the glitz and glamour of Dubai's celebrity...

Posted on 17 April 2009

Turkish Property Should be Boosted by Growth in Sterling’s Value

Several positive economic factors to emerge in the past 1-2 weeks have seen Sterling begin to rise against the Euro. Cited as reasons for the rise in the Moneycorp article were: British Purchasing Managers' Indices (PMIs) lead the way in manufacturing and services sectors. Non-controversial G20 communiqué welcomed by markets....

Posted on 10 April 2009

Turkey Property Remains Popular Amid Efforts to Fight Economic Decline

Ziraat Bankasi, Turkey's largest state owned bank has been among the first to pass the central bank rate cuts onto consumers. Turkey's central bank recently cut Turkey's equivalent to the base rate to 10.5%, the latest in a series of cuts which has seen the rate cut by 6% in...

Posted on 25 March 2009

Turkey Property: Mortgages Still Available

Yesterday Forbes ran a story on how Turkey was more resilient to the credit crunch, because of reforms made to its banking sector years ago. Turkey's banking system collapsed in 2001, when "toxic assets, sloppy management and bad credits caused 24 banks to "go south", the article explained. The reforms...

Posted on 13 March 2009

Turkey Property Grows in Popularity with Investors

The credit crunch has made Turkey property an even more attractive option for overseas property investors and holiday home buyers. This month Property Wire reported that the drop in price of Turkey property has made the country -- especially Istanbul -- a growingly popular choice. The irony is: that Turkey's...

Posted on 16 February 2009

Credit crunch – are cheap holidays to Turkey the answer?

Travel to Turkey is set to increase in 2009 by 30%.  Turkey has for years been a very popular holiday destination with steady tourism growth year on year.  So why should 2009 see such a big increase in Turkey travel? The credit crunch effecting the world at present has forced...

Posted on 14 January 2009

Facebook in Turkey

Turkey has seen rapid growth in users of social networking site Facebook.  Users of Facebook in Turkey jumped from 4.5% to 10% of the population - or 7.5 million people - in just the last half of of 2008.  Turkey is surpassed in Facebook users only by the U.S.  (41 million), the...

Posted on 05 January 2009

Olu Deniz property Turkey

Nestled in a pine forest valley and sitting on the clear Mediterranean waters of the Turquoise coast, Olu Deniz has been alluring travellers and property investors to it's tranquil shores for years.  With Babadag Mountain overlooking it's aquamarine lagoon, Olu Deniz is one of the most photographed beaches in the world.  It is an...

Posted on 17 December 2008

Santa Claus is coming to town in Turkey

Saint Nicholas of Myra is the primary inspiration for the Christian figure of Santa Claus.  He was a 4th century Greek Christian bishop of Myra in Lycia, a province of the Byzantine Anatolia, now in Turkey.  Nicholas was famous for his generous gifts to the poor.  He was very religious...

Posted on 16 December 2008