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The Ambitious Kanal Istanbul Project

President of Turkey, Recep Tayyip Erdogan recently announced that by late 2017 or early 2018, they will commence with the most ambitious part of the Kanal Istanbul project, an artificial sea-level waterway, that will change the face of the city. Up until now, attention has focused on the choice of...

Posted on 12 October 2017

Istanbul’s Drive to Promote Electric Taxis

Turkey’s news agency Anadolu has reported that by the end of 2017, 200 electric taxis will be working in Istanbul, the largest and busiest city in the country. The announcement, made by Yahya Ugur, who heads the Istanbul Chamber of Taxi Drivers (ITEO) happened at a publicity event in front...

Posted on 10 October 2017

Turkey’s President Meets with Key USA Companies and Investors

During the recent 72nd United Nations meeting in New York, Turkey’s president Recep Tayyip Erdogan met with key representatives of more than 70 top level USA and global companies. Companies like Boeing, Blackstone, Pepsi and Coca-cola were just a few of the names from various industry sectors including food, energy,...

Posted on 07 October 2017

Turkey Outranks UK on HSBC Expat Explorer Survey

Last month, HSBC released the 2017 results of their annual Expat Explorer Survey and in a surprising twist of events, Turkey outranked the UK has a favoured destination. Rising five positions from 39 in 2016 to 34 in 2017, it overtook the UK which dropped a massive 13 positions from...

Posted on 02 October 2017

How To Buy Property in Turkey

Experts say buying a home is one of the biggest and most important life decisions to make. Not only does it become a financial asset contributing towards your net worth, but it is also a haven, and a place to rest, relax and recharge your batteries, hence the old-fashioned saying...

Posted on 30 September 2017

Antalya Cruise Port Project Will Open for Bids

Antalya on the Mediterranean coast of Turkey is looking to tap into the cruise ship travel industry on a massive scale with a new project to accommodate world class cruise liners. The Antalya Cruise and Yacht Harbour Complex Project has received government approval to move to the next stage of...

Posted on 25 September 2017

International estate agent makes buying and selling in Turkey easy for one British couple

A British couple have been rewarded for their loyalty to Spot Blue International Property after the international estate agent found buyers for their villa in Turkey eight years after finding them the perfect plot for the property. David and Barbara Barber from Northern Ireland completed the sale of their villa,...

Posted on 20 September 2017

Turkish-German Consortium Wins Turkey’s Wind Power Tender

All eyes of the global wind energy sector are now on Turkey after it held an auction that could well revolutionise the country's power industry in future years. A consortium, consisting of German firm Siemens Gamesa and Turkish partners Turkerler and Kalyon, won a tender, put at $1 billion, to...

Posted on 19 September 2017

Bodrum Will Be Home to Europe’s Biggest Tourism City

An announcement this week by Turkish construction giant Agaoglu declared they signed a letter of intent with Chinese investors to build Europe’s biggest tourism city on the Bodrum peninsula. Although plans are yet to be unveiled, the construction company said the 12 million square metre city will attract all year-round...

Posted on 17 September 2017

Proposal to Change Property Investment Levels for Turkish Citizenship

A key change for foreign property buyers in Turkey seeking citizenship could be on the horizon after it was announced that the minimum investment levels could be drastically reduced. Turkey's Interior Ministry has announced a re-think on the issues surrounding the amount of money that real estate investors will need...

Posted on 15 September 2017