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Turkish Government Commits to Increasing Foreign Sales

Many reports have indicated strong growth in sales of Turkish property to foreigners, not least a report by the Association of Real Estate Investing Partners GYODER, which recorded a 40% growth last year compared to the year before. Never the less, the government seems increasingly committed to making sure the...

Posted on 12 October 2011

Jet2 Expands Turkey Coverage with New Manchester-Istanbul Route

Another day another dollar and another week another new flight for Istanbul airports. This week we see the announcement of another new budget flight linking Manchester in the UK and Istanbul from growing operator Jet 2.com. This is Jet2.com's first flight into Istanbul, all though it does have substantial coverage...

Posted on 07 October 2011

Turkey Leading Growth in Mergers and Acquisitions

Further proof that Turkey is one of the hottest emerging markets in the world has emerged in new research by Bloomberg on global mergers and acquisitions. According to the research Turkey is now well above the BRIC nations in terms of mergers and acquisitions as more deals are signed in...

Posted on 06 October 2011

Top of the Props September Shows Increasing Spending Power

It's that time of the month again, and the top ten properties for September reveal some interesting trends, and confirm some others. First of all the dominance of Altinkum continues, despite of the fact that the average price range of the most popular properties continues to increase, now to around...

Posted on 29 September 2011

Turkey Property News Roundup September

Here is a roundup of some of the biggest stories in the world of Turkish property this month as seen from the eyes of Spot Blue. Turkey Proposes Dropping Reciprocity in Property Sales People can currently buy property in Turkey from any country in the world, apart from those countries...

Posted on 28 September 2011

Easyjet Launches New Flights to Ever-Popular Dalaman

The continued popularity of Dalaman has been testified to again by Easyjet, which has just announced a new route from Edinburgh to Dalaman starting from next April, which is one of 5 new routes by the airline. This will come as good news to those in Edinburgh and surrounding areas....

Posted on 23 September 2011

Arab Spring Fuels Booming Tourism, Property Sales and Economy in Turkey

The Turkish economy was the fastest growing in the world in the first six months of this year, with GDP growing 8.8% in the year to end June according to the latest data from Turkstat. The Turkish statistical body also revised upwards its first quarter GDP figures, from the 11%...

Posted on 15 September 2011

British Buyers Still on Top in Flourishing Turkish Property Market

The Turkish property market continues to go from strength to strength. Recent reports have indicated that Russian and Arab buyers are taking over from Brits as the dominant force, but according to official data Brits are still the largest grouping of foreign owners in Turkey as the property market continues...

Posted on 09 September 2011

Turkey Tourism Continues Strong Growth–UNWTO

As with anything, the number of tourists a country receives in a given period is subject to a number of different measurements, all of which arrive at their own total depending on how they are worked out. According to the World Tourism Organization (UNWTO) Turkey attracted 27 million foreign visitors...

Posted on 08 September 2011

Middle Eastern Buyers Snapping up Luxury Istanbul Property

According to the estate agents in Turkey, rich Middle Eastern buyers are increasingly interested in expensive property by Istanbul's Bosporus. The recent unrest in North Africa and the Middle East means that investors are viewing Turkey as being a safe haven, and are looking to buy luxurious waterfront villas and...

Posted on 03 September 2011