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Istanbul: A brief tale of many cities

Watching the visually stunning “Byzantium: A Tale of Three Cities”, first screened on BBC 4 towards the end of 2013, makes for a better introduction than most to one of the world’s most compelling cities, Istanbul. Its presenter, the erudite historian and writer Simon Sebag Montefiore, is an engaging companion,...

Posted on 21 January 2014

Come and visit Spot Blue at A Place in the Sun Live exhibition in London!

Spot Blue International Property will be exhibiting at the next A Place in the Sun Live exhibition in March, offering you the chance to come and browse properties for sale across Turkey and discuss your personal requirements with the team in person. A Place in the Sun Live, the official...

Posted on 16 January 2014

More air passengers touch down in 2013, as taste for Turkey keeps on growing

A hike in Turkey’s air traffic meant passenger numbers hit record levels in 2013, confirming the country’s growing popularity in the world as a place to visit and do business. Turkey’s Minister for Transport confirmed in January that the number of air passengers passing through the country last year exceeded...

Posted on 14 January 2014

For idyllic self-build plots in Turkey, look no further than Fethiye

Affordable plots in picturesque locations and with access to improving infrastructure are encouraging an increasing number of British people to create their dream home in the Fethiye area of Turkey, said Turkey property specialist Spot Blue International Property in January. The villages around Fethiye, a colourful town on Turkey’s Mediterranean...

Posted on 14 January 2014

“Turkey’s spectacular growth shows no signs of slowing,” leading economist tells the BBC

Goldman Sachs chief economist Jim O’Neill highlighted the spectacular growth that Turkey has undergone in recent years during a Radio 4 documentary this week, adding that there are no signs of the country’s economy taking its foot off the gas. O’Neill was visiting Turkey as part of his tour of...

Posted on 10 January 2014

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...

Posted on 06 January 2014

Turkey to be world’s 12th largest economy by 2028, says leading economic analyst

Turkey is currently the 17th largest economy in the world but will climb steadily over coming years to reach 12th position by 2028, according to the latest World Economic League Table (WELT) by the Center for Economics and Business Research (CEBR), a leading economic analyst. The CEBR report also predicts...

Posted on 01 January 2014

Global hotel group grows presence in “exciting and dynamic” Turkey

Internationally acclaimed hotel group Hilton Worldwide signed agreements on a further four hotels in Turkey in December, bringing its portfolio in the country to 24 trading properties and 25 in its development pipeline. This latest announcement sees Hilton Worldwide expand its existing presence in Istanbul and the port city of...

Posted on 23 December 2013

Visitors to Turkey will need to go on-line for their visas in 2014

Travellers to Turkey, including second homeowners, are being advised that from Spring next year they will need to go on-line to get their visa for entry into the country. Earlier this year, Turkey introduced its new e-visa system, which allows for applications and visa fees to be paid online in...

Posted on 17 December 2013

Turkish economy remains bullish as Turkey and the UK strengthen trade ties

Turkey’s economy beat expectations in the third quarter of 2013, recording 4.4 per cent quarter-on-quarter growth and continuing on its growth track for the 16th consecutive quarter, according to official data. This latest statistic means Turkey is one of the top 10 fastest growing economies in the world. The country’s...

Posted on 13 December 2013

Gulf and Russian investors lead rise in foreign interest in Turkey, says Spot Blue International Property

Interest in Turkish real estate is surging as 2013 comes to a close, according to Turkey property specialist Spot Blue International Property, which is experiencing a dramatic rise in visits to its website, spearheaded by Russian and Arabian investors. For the three months to the end of November 2013, Spot...

Posted on 11 December 2013

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...

Posted on 09 December 2013

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...

Posted on 06 December 2013

EU-Turkey relations reach new level with visa liberalisation on the cards

The European Union took steps this week towards removing visa requirements for Turkish citizens, in a move that signals a snowballing unification between Ankara and the 28-member bloc. Turkey and Brussels will sign an agreement allowing EU governments to send back illegal immigrants crossing into Europe from Turkey. In return,...

Posted on 04 December 2013

Turkey’s currency “undervalued” and could strengthen in 2014, says international bank

Turkey’s currency is undervalued and in line to strengthen in 2014 when the country’s economy will continue to outperform the rest of Europe, said a leading international finance house in Istanbul in November. Societe Generale (SocGen) told Bloomberg this month that investors should buy the lira against the euro as...

Posted on 29 November 2013

New air routes connect Istanbul with North American and North African continents

Turkey’s aim to become one of the best connected countries by air globally continues to take shape, with the announcement and launch this month of new routes to Canada and Algeria. Turkish Airlines will begin operating out of Canada’s Montréal-Trudeau airport in June 2014. A Star Alliance member, Turkey's national...

Posted on 26 November 2013

World Bank President labels Turkey an “inspiration” and opens Islamic finance hub in Istanbul

Turkey has taken a step closer to becoming an important player on the global economic stage, following the opening of the Global Center for Islamic Finance in Istanbul on 30th October by World Bank Group President Jim Yong Kim. Jim Yong Kim was accompanied by Turkish Deputy Prime Minister Ali...

Posted on 22 November 2013

Turkey talks shop – demand for shopping space there now one of Europe’s highest

Highlighting Turkey’s growing middle class and its appetite for a consumer lifestyle, the country completed the second largest amount of new shopping space anywhere in Europe during the first half of 2013. The number one spot was taken by Russia. A report by international property consultancy Cushman Wakefield also showed that...

Posted on 19 November 2013

Turkey’s foreign ownership laws get even friendlier in 2013, signalling a bumper 2014

A raft of new rules governing property ownership in Turkey have made the country increasingly attractive to foreigners in 2013, laying the foundations for continued growth in the property market there in 2014, said Turkey property specialist Spot Blue International Property in November. Turkey’s most recent law change favouring foreign...

Posted on 18 November 2013

Spot Blue appears in Telegraph article about Istanbul tunnel

A recent article by the UK newspaper the Daily Telegraph, which outlines how the new Marmaray rail tunnel in Istanbul will attract more foreign businesses, features Spot Blue and includes quotes by Director Julian Walker, illustrating the firm’s increasing prominence in the region. In the article, Mr Walker says: “In...

Posted on 11 November 2013