The government initiative “Turquality” is widely credited with helping high street Turkish clothing brands onto to the global stage. Implemented in 2004, the vision was to help companies create sustainable labels, which in turn would boost export revenue and gain income from overseas. Diluted down to its core basics, it was plainly a brand-building program, but its uniqueness lay in the fact that it was state-subsided.
Property Turkey Blog
The Ottoman empire was one of the greatest in the world, ruling many lands across the globe for more than 400 years. Dominating Constantinople from 1453 onwards, their palaces and summer residences were most befitting of a royal dynasty. With many luxury mansions and real estate in Turkey to choose from, anyone wanting to live the life of royalty has a large choice of homes that would ideally suit an Ottoman sultan.
When Bodrum Cup time came around, Marie Coggin decided to seize the day, joining in the peninsula’s classic gulet sailing race. However, as she has come to learn, the best made Turkish plans often go awry, and she found herself on an unexpected adventure.
Turkish society has changed a lot in the last quarter century: the country’s population is youthful. Women are going to work, and young couples are choosing to wait until their finances are solid before having children. They’re also more upwardly mobile, with more money to spend on consumer items - and homes. But it’s not the three or four bedroom properties that attract these young buyers: it’s one bedroom properties, especially in Istanbul.
The idea of a penthouse lifestyle was first born in New York during the 1920s. These days, the trend has gone global, appearing in many major cities like Istanbul as both permanent dwelling and luxury travel accommodation. Along with the changing status of the penthouse lifestyle trend, came a change in the type of buyers. Previously buyers were working singles or couples, with a professional job netting them a sizeable monthly income. The loft lifestyle has become an all-rounder, appealing to many walks of society if they have the cash to splash.
To insiders who know Turkey well, the last twenty years has seen a slow shift in social trends. With the GDP growing every year, people’s lifestyles, tastes, wants and needs have changed dramatically. The emphasis now is more on comfort, enjoyment and enjoying the fruits of your labour. One industry that is partly responsible and partly benefits from the social changes is the real estate market. These days Turkish property buyers are changing the habits of their parents and grandparents when it comes to finding a home from home.
In many countries across the globe, experts are asking whether village culture is dying out. In 2009, a study said the flight of young Germans to big cities were killing off small villages. Five years later, an environmental report said Italy is facing the abandonment of thousands of villages, and at the same time, risking an endangered way of life and decline of rural traditions and social communities. Let's explore villages in Turkey and see what is happening there.
Tourists generally favour Istanbul's old city, with its incredible monuments and well-worn attractions. However, the developing neighbourhoods along Istanbul's historic Golden Horn are about to give the city's established visitor haunts a run for their money: as investment in the area transforms the face of the Golden Horn, the area is becoming a hub for culture and art. Investors looking for an entry-level option in the fast-moving Istanbul market now have Golden Horn property firmly on their radar.
When a colourful poster in a travel agent caught her eye, Marie Coggin decided a couple of weeks in the Turkish sunshine was just what she needed. She had no idea that the trip would mark a new beginning: the start of a two-decade love affair with Turkey. The Gumusluk, Bodrum resident recalls the magic and wonder of her first holiday exploring the region on land and by sea.
Seaside living in Turkey is more popular now than ever before. Many Turks from the inner cities have holiday homes in the coastal resorts of the Aegean and Mediterranean. The same trend applies to thousands of foreigners who have bought holiday homes in Turkey or moved here to live out their retirement. The resort of Fethiye attracts British buyers, while Antalya has turned into a cosmopolitan hub of many nationalities including Russians and Europeans.