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Weaker Lira and rate rise means more spending money for expats

Expats living off the interest paid on savings in their local Turkish bank can enjoy an extra meal out each week, after Turkey’s central bank raised interest rates for the first time since October 2011. It’s not uncommon for resident Brits to deposit lump sums in a high interest Turkish...

Posted on 23 August 2013

Spot Blue clients appear in Mail on Sunday

Happy customers of Spot Blue who bought a villa in Fethiye through the firm earlier this year and who are now looking for a plot on which to build their dream retirement home were featured in the Mail on Sunday on 18th August. In April this year surgeon Phil McLoughlin...

Posted on 20 August 2013

Turkey bucks the trend with bullish commercial property market

The first half of 2013 has seen Turkey’s commercial property market record strong growth and attract increasing investment, according to a report by international property consultancy Jones Lang LaSalle. The investment market has gained significant liquidity with a few major transactions completed in the past six to eight months, said...

Posted on 20 August 2013

Property agency Spot Blue marks 10th anniversary with focus on wider global opportunities

Spot Blue International Property Ltd, a leading UK-based Turkey property specialist, is celebrating its 10-year anniversary this month and with it announcing increased efforts to target investors from the growing international market, as well as the more established European countries. Founded in August 2003 by chairman David Walker, who spotted...

Posted on 18 August 2013

Skyfall: Istanbul, Adana & Fethiye for James Bond fans.

Skyfall released in 2012 (directed by Sam Mendes and starring Daniel Craig) was the twenty-third James Bond film. An action film needs a good backdrop, and Turkey has many picturesque locations. They filmed scenes for the film in  various locations in Turkey over a three month period in 2012.  ...

Posted on 07 August 2013

Turkish resort of Alanya on cloud nine as international flights take off at local airport

Tourist numbers and demand for property in the southern Turkish resort of Alanya are expected to record a rise during 2013, thanks to a steep hike in the number of international flights - in particular from northern Europe - arriving at the nearby regional airport at Gazipasa. By the end...

Posted on 01 August 2013

Turkish Tourism Continues to Grow

The number of tourists visiting Turkey increased by 4.93 percent in June compared with the same month of the previous year according to data released by the Ministry of Culture and Tourism on Thursday. The increase took the total number of visitors in June to 4.7 million, while the number...

Posted on 27 July 2013

Istanbul Olympic Bid Picking Up Pace Says Official

There is "overwhelming" domestic support for Istanbul's 2020 Olympic bid according to Hasan Arat, chair of the Istanbul 2020 Bid Committee, adding that the body plans to promote the city for the games right up unti the IOC makes its decision September 7. With Istanbul still in the running against...

Posted on 26 July 2013

Turkey Set to Become Top Economy in OECD

According to the latest predictions of the Organisation for Economic Cooperation and Development (OECD) Turkey is set to post the second highest GDP growth in the organisation next year, it said in its "Employment Outlook 2013" report. In the report Turkey was named as one of the few countries that...

Posted on 24 July 2013

Ford to Complete Move From UK to Turkey

Ford Motors, one of the world's largest car manufacturers is closing up its operations in Britain and moving completely over to Turkey. After recently closing its 40 year old plan in Southampton the firm is now set to do the same in Dagenham beforing moving the operation across to its...

Posted on 19 July 2013