Basin Ekspres property is no longer Istanbul’s best kept secret. The region on Istanbul’s European side has well and truly come into its own, with quality housing developments and improved infrastructure. We explain why real estate investors should look to Basin Ekspres in 2018 - which will mark the last year of incredible bargains to be found in the area.
Property Turkey Blog
The Turkish tourism industry has suffered lately, but one niche has stood out among the rest to become a winner generating millions in revenue. Despite a downturn in leisure tourists, such as beach lovers and history buffs, healthcare tourism in Turkey is booming, with many nationalities travelling to the country, for cosmetic and health procedures.
Celebrating Christmas away from your home country doesn't need to be a sad occasion. On the contrary, there are many things to love about being somewhere different. From escaping commercialism to sampling cultures from all around the world, Bodrum resident Marie Coggin explains what she loves about spending Christmas in Turkey.
Turkey’s third-quarter growth has surpassed all predictions. The economy expanded by 11.1 percent between July and September, putting the country ahead of giants China and India and putting growth on track to top 6.5 percent. Thanks in part to structural reforms and investor incentives, the economic growth bodes well for continued economic success in 2018.
Marie Coggin didn’t notice Jenny on board the gulet. But on the way to the airport, the pair started talking - and didn’t stop. Many years later, they’re still friends - and they both live in Turkey. Marie remembers the beginnings of her friendship, and the different paths the two women took on their journey to Turkey.
The travel and tourism industry has evolved immensely over the last twenty years. With various niches catering for every type of person, you will be hard pressed to find a hotel, destination, or attraction that doesn’t suit your needs and wants. One niche that has particularly taken off over the last ten years is halal travel. According to a report by Mastercard in 2016, the Muslim travel market is growing fast, and by 2020, more than 168 million Muslims will travel abroad for holidays.
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.
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.