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Tag Archives: property in turkey

Turkish Foreign Minister to EU: We Kept Our Side, Keep Yours & Assess Our Bid

The Turkish foreign minister Ahmet Davutoğlu has urged his European Union counterparts to accelerate the process of re-examining his country's bid for full membership, and to not let the Cyprus issue stall it any further. Davutoğlu said that his country is currently amidst a period of unparalled reform aimed at...

Posted on 05 September 2009

Ölüdeniz: An Undiscovered Paradise and Only a Budget Airline Trip Away

Compared to other parts of Turkey, you hardly ever hear about OluDeniz, but when it comes to buying a property in Turkey -- and many other places in the world -- that is certainly a good thing. The beach at Ölüdeniz set inside a naturally sheltered and almost tropical bay...

Posted on 03 September 2009

Turkish Property Prices Up in July

Turkish property prices increased in six major cities in July, according to the most reputed index ran by reidin.com in conjunction with Garanti bank. The biggest increase was a 3.65% growth in Kocaeli house prices, Adana was a distant second with 1.09%, Ankara third with 0.98% house price growth, and...

Posted on 27 August 2009

Holiday Lettings Pin-Point Property Investment Opportunities in Turkey

Holiday Lettings.co.uk, arguably the world's largest portal for private rental properties around the world, has said that the demand for private rental properties in Marmaris and Istanbul is currently outstripping supply, pointing to a hole in the market that property investors could profit from filling. Easyjet has revealed that it...

Posted on 22 August 2009

Turkey Cuts Interest Rate Again – Now is the Time to Buy Property

Turkey, which had already cut its key interest rate by more than any G20 country has reduced the rate by a further half a percentage point to just 7.75% earlier this week. Turkey has now reduced the over-night borrowing rate by 9% in the last 12 months. The reductions do...

Posted on 21 August 2009

SunExpress Airline Launches New Route to Turkey

From tomorrow SunExpress the joint airline venture of Turkish Airlines and Lufthansa will be running a new flight route linking the two Aegean shores in the city of Izmir in Turkey to Athens in Greece with two flights per day. Speaking at the inaugural flight into Athens on Tuesday, Paul...

Posted on 14 August 2009

Maxima Developing New Multi-Million Condotel in Izmir

Maxima hotel group is building a massive all-year round holiday resort in Özdere, a holiday resort in the Aegean port city of İzmir. The resort will target the Russian and Belgian arkets with the hope of achieving all year occupancy. The resort will consist of private houses and a 5...

Posted on 13 August 2009

Gazipasa Airport Progressing Well – Bright Future for Alanya Property Market

The Gazipasa airport is finally open for business. The first (private) flight landed into the airport on the 22nd of this month. The airport has been the cause of much controversy and rumour in the past, each time the reports would come in that the airport was going to open,...

Posted on 30 July 2009

Mortgages still Available for Completed Turkish Properties

As the news continues to tell us that getting a mortgage in the UK is more of an achievement than an occurrence, apparently the situation is a little better in Turkey, though the "banks are being cautious" according to Julian Walker of Turkey property specialist Spot Blue. Pointing out that...

Posted on 24 July 2009

Applications for Turkey Property Mortgages up 65% in 2009

New mortgage applications to buy Turkish property increased by 65% in the first half of this year, according to one of the UK's largest providers of overseas property mortgages Conti plc. The firm also said that "great property prices, superb Mediterranean location and separation from the strong euro" have made...

Posted on 22 July 2009