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Refer to news releases published by Property Turkey for latest updates on political matters, economic performance, tourism in Turkey, real estate market analysis and other matters that could potentially affect property investment and living in Turkey.  

Covering Turkey's popular real estate markets, including Istanbul, Bodrum, Antalya, Fethiye, Kalkan, Kas, and Side as we scour through hundreds of international sources to bring you the very latest updates on Turkey.  We look at political affairs, economic updates, mortgages, tourism, weather, taxes, social and cultural affairs that are relevant to all things Turkish. 

 
Istanbul Airport ranked Best in Europe according to Google

2024-September-11

Istanbul Airport ranked Best in Europe according to Google

Istanbul Airport has been named the best airport in Europe, according to a recent study by a prominent holiday rental booking portal. The study, which evaluated Google Review ratings, assessed airports across Europe to highlight both top and underperforming hubs.

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Pamukkale sees 12% surge in visitors, reaching 1.7 million tourists

2024-September-11

Pamukkale sees 12% surge in visitors, reaching 1.7 million tourists

Pamukkale, one of Türkiye’s most iconic natural and historical attractions, has experienced a 12% increase in visitors in the first eight months of 2024, drawing a remarkable 1.7 million tourists. Known for its stunning white travertine terraces, ancient city of Hierapolis, and the famous Cleopatra’s Pool, Pamukkale continues to captivate tourists.

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Offices in Istanbul reach 12-year peak in occupancy rate

2024-September-04

Offices in Istanbul reach 12-year peak in occupancy rate

The commercial real estate market in Istanbul is experiencing its highest office occupancy rate in over a decade, according to recent reports. As of June, the total office supply in the city has reached 7.12 million square metres, with an impressive 89.7% of this space now occupied. This marks the highest occupancy level seen in the past 12 years.

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Turkish e-exports double to reach $4.16 billion

2024-September-04

Turkish e-exports double to reach $4.16 billion

New data recently released showed that Turkish e-exports have almost doubled between January and August 2024 when compared to 2023. Trade Minister, Omer Bolat, announced that e-exports reached $4.16 billion in the first eight months of 2024, a 94% increase over 2023.

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New proposals approved to improve taxi service in Istanbul

2024-September-02

New proposals approved to improve taxi service in Istanbul

The Istanbul Metropolitan Municipality (IBB) Transportation Coordination Center (UKOME) has approved a new transformative proposal aimed at addressing the long-standing issue with taxi service problems in Istanbul, marking a significant step towards improving the taxi service throughout the city.

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10.5 million tourists arrive in Istanbul in 7 months

2024-September-02

10.5 million tourists arrive in Istanbul in 7 months

New official data released on Sunday showed that nearly 10.5 million tourists visited Istanbul during the first seven months of 2024 – representing a surge of 7% when compared with the same period last year.

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Turkey’s tourism industry continues to surge

2024-August-26

Turkey’s tourism industry continues to surge

From January to June 2024, Turkey welcomed 25 million visitors, who contributed more than $23 billion to the economy. This marked a 9% increase in tourism revenue compared to the previous year, alongside a more than 10% rise in tourist numbers.

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Turkey a top destination for tourists worldwide

2024-August-05

Turkey a top destination for tourists worldwide

Turkey, strategically located between Europe and Asia, has become a top destination for tourists worldwide. With its breath-taking natural beauty, rich historical and archaeological sites, improving tourism infrastructure, and renowned hospitality at competitive prices, it's no wonder that Turkey is drawing millions of visitors each year.

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Growing confidence in the Turkish Lira

2024-July-31

Growing confidence in the Turkish Lira

The Turkish Lira (TL) has been the subject of extensive analysis, particularly concerning its depreciation, often evaluated through the lenses of inflation and purchasing power. However, the measures implemented since June 2023 have significantly contributed to the stability of the TL, shifting the narrative towards a more optimistic outlook.

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Turkey’s ambitious tourism targets for 2024

2024-July-31

Turkey’s ambitious tourism targets for 2024

Turkey has made significant strides toward its ambitious tourism targets for 2024, aiming for 60 million tourists and an income of 60 billion dollars. By the first half of the year, the nation had already accomplished a substantial portion of these goals.

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The beauty of the Turkish language

2024-July-30

The beauty of the Turkish language

Turkish, though it may come as a surprise to some, is a deeply romantic language. Not to be confused with the capital 'R' Romance languages like Spanish or French, Turkish offers its own unique expressions of love and endearment, making it one of the most emotionally rich languages in the world.

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One million international students choose Turkey

2024-July-30

One million international students choose Turkey

Turkey boasts 208 universities serving a population of 85 million, with over 7 million students enrolled. This makes Turkey the leading country in the European Higher Education Area by student population. With 45,000 different programs available across these universities, you're sure to find a university that suits your needs.

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The European Union continuing to invest in Turkey

2024-July-30

The European Union continuing to invest in Turkey

The EU-Turkey Customs Union has significantly boosted bilateral trade, achieving a record high of nearly €206 billion in 2023. This impressive figure underscores the success of the union in fostering economic ties between the European Union and Turkey.

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“Made in Turkey” becoming a global brand

2024-July-30

“Made in Turkey” becoming a global brand

Between 2002 and 2023, Turkish tourism and construction companies have played a pivotal role in enhancing the global recognition of Turkey's development aid and the "Made in Turkey" brand. During this period, Turkey provided $92 billion in development aid, establishing itself as a leader in humanitarian efforts.

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The Global Rise of Turkish TV Series

2024-July-27

The Global Rise of Turkish TV Series

From Greece to South Korea and Argentina to Venezuela, Turkish television series, or "dizi" have captivated audiences worldwide. Since the early 2000’s, when "Gümüş" ("Silver") became a sensation in the Middle East, Turkish series have steadily expanded their reach across the globe.

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Turkey's continued popularity for global tourists

2024-May-23

Turkey's continued popularity for global tourists

Turkey’s appeal among tourists is well-deserved. Its rich tapestry of history, culture, natural beauty, and gastronomy, combined with affordability, offers something for every traveller. Whether you are a history buff, nature enthusiast, food lover, or adventurer, Turkey promises an unforgettable experience.

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Foreign Investment in Turkey between January and April 2024

2024-May-10

Foreign Investment in Turkey between January and April 2024

With a foreign investment stock reaching $264 billion by December 2023, Turkey commands a 1 percent share of global investments. As the nation sets its sights on attracting $70 billion in investments between 2024 and 2028, international discussions ensue regarding the feasibility of this ambitious goal.

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Antalya’s tourism success in 2023 and beyond

2024-April-26

Antalya’s tourism success in 2023 and beyond

Antalya, nestled along Turkey's stunning Mediterranean coastline, is a treasure trove for cultural enthusiasts and beachgoers alike. Stretching from the picturesque town of Kaş in the west to the charming Gazipaşa in the east, this scenic coastal region is dotted with a myriad of historical sites, ancient cities, and architectural wonders waiting to be explored.

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260 Australian-owned companies operating in Turkey

2024-April-24

260 Australian-owned companies operating in Turkey

Australia has made significant strides in foreign direct investment (FDI) within Turkey, with a substantial capital infusion totalling 708 million USD. This investment is bolstered by the presence of 260 Australian-owned companies operating within Turkish borders, contributing to economic growth and fostering bilateral relations between the two nations.

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Celebrating the Pinnacle of Turkish Democratic Expression

2024-April-03

Celebrating the Pinnacle of Turkish Democratic Expression

In the recent local elections, the opposition party, CHP, emerged triumphant, securing victory in 35 out of 81 cities. This resounding victory marks a historic moment in the annals of Turkish politics. The multifaceted reasons underlying this electoral landslide have become subjects of rigorous debate among pundits and analysts, a discourse I shall defer to their expertise.

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