Property Turkey News
2024-September-11
Istanbul Airport ranked Best in Europe according to GoogleIstanbul 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.
Read More2024-September-11
Pamukkale sees 12% surge in visitors, reaching 1.7 million touristsPamukkale, 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.
Read More2024-September-04
Offices in Istanbul reach 12-year peak in occupancy rateThe 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.
Read More2024-September-04
Turkish e-exports double to reach $4.16 billionNew 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.
Read More2024-September-02
New proposals approved to improve taxi service in IstanbulThe 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.
Read More2024-September-02
10.5 million tourists arrive in Istanbul in 7 monthsNew 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.
Read More2024-August-26
Turkey’s tourism industry continues to surgeFrom 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.
Read More2024-August-05
Turkey a top destination for tourists worldwideTurkey, 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.
Read More2024-July-31
Growing confidence in the Turkish LiraThe 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.
Read More2024-July-31
Turkey’s ambitious tourism targets for 2024Turkey 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.
Read More2024-July-30
The beauty of the Turkish languageTurkish, 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.
Read More2024-July-30
One million international students choose TurkeyTurkey 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.
Read More2024-July-30
The European Union continuing to invest in TurkeyThe 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.
Read More2024-July-30
“Made in Turkey” becoming a global brandBetween 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.
Read More2024-July-27
The Global Rise of Turkish TV SeriesFrom 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.
Read More2024-May-23
Turkey's continued popularity for global touristsTurkey’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.
Read More2024-May-10
Foreign Investment in Turkey between January and April 2024With 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.
Read More2024-April-26
Antalya’s tourism success in 2023 and beyondAntalya, 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.
Read More2024-April-24
260 Australian-owned companies operating in TurkeyAustralia 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.
Read More2024-April-03
Celebrating the Pinnacle of Turkish Democratic ExpressionIn 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.
Read More