Menu

Tag Archives: Property

Great Times for the Turkish Property Market

Turkey’s economy continues to grow stronger and stronger and is anticipated to continue with forward momentum heading into 2011. Turkey is due to surpass China, the United States, Brazil, and Japan in national income, according to the International Monetary Fund (IMF), taking 12th place in EU countries. At 729 billion...

Posted on 04 December 2010

Buyers Advised do Research before Buying Property in Turkey

Overseas property buyers are advised to conduct research before buying in Turkey. Julian Walker, director of agent Spot Blue said that while things are improving the market is still very unregulated compared to those in the west. "In comparison to the UK the Turkish market is still very under regulated,...

Posted on 26 November 2010

Turkey Property a Hit With Investors, and Rightly So

According to official data from the Turkish General Directorate of Land Registry, some 32,000 Brits are dominant owners in a country which has seen foreigners purchase over 65 million square meters of land and property since 2002. With 6 million square meters of that owned by Brits, they own twice...

Posted on 20 November 2010

New Flights to boost Istanbul Property Market

Kazakhstan airline Air Astana has announced that it will commence running new once weekly flights to Istanbul. This is the latest in a succession of announcements that increase the accessibility of Istanbul, with a series of expanded routes this year culminating in a third airport being green-lighted for the city....

Posted on 19 November 2010

Turkey Property: Top of the Props October

Well, it's been well over a month since we looked at the top performing properties, and we thought it would be good to take a look. For those reading for the first time, we recently started compiling data on the most reviewed properties on the Spot Blue website. We last...

Posted on 03 November 2010

Turkish Property Shines as Best Performing Regional Market

Turkey is recovering from the global financial crisis strongly, with its economy ranked as one of the best and most stable performers in the region, according to a recent report from real-estate brokerage Cushman & Wakefield. Real estate investment brokerage Cushman and Wakefield have reported that Turkey is one of...

Posted on 21 October 2010

Daily Mail Again Testifies to Popularity of Turkish Property

The Daily Mail has once again testified to the rising popularity of Turkish property with British and global buyers with another sizeable feature on the country in its print and web editions. The title for the piece was a none-downtrodden: Turkey is a shore bet: The holiday home market is...

Posted on 01 September 2010

Turkey, Region by Region Part I: Antalya

Antalya is one of Turkey's top regions in terms of tourism and overseas property investment, and, for good reason. Around the world's coasts, little alcoves and bays make for the best spots because of the shelter and the warm, calm waters. Antalya doesn't have any sheltered bays, Antalya is a...

Posted on 24 August 2010

Turkish Central Bank Leaves Rate Unchanged

The Turkish Central Bank’s Monetary Policy Board kept the benchmark interest rates unchanged Thursday, with the overnight borrowing rate at 6.50 percent and lending rate at 9 percent. This is positive news for anyone considering buying a property in Turkey. Because Turkey made banking reforms in the 2001 crisis, liquidity...

Posted on 20 August 2010

Weak European Recovery and Austerity to Benefit Turkish Property and Tourism

Experts believe demand for property in Turkey will increase as Brits and Europeans continue to feel the pinch from austerity and a weaker-than-expected economic recovery. Recent news stories in Britain have highlighted low consumer confidence; with many Brits feeling less optimistic and happy about the economy now, than they did...

Posted on 19 August 2010