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Property Turkey News

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 welcomes back Uber luxury Black Cabs service

2022-April-07

Istanbul welcomes back Uber luxury Black Cabs service

An application made by ride-hailing has been successful and will see Uber launch a luxury Black Cab service in Istanbul. The cabs will be available on the Uber app to ensure local and foreign users can easily access and book a cab to travel within the city when needed.

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Ferry Services to Turkey and Greek Islands finally resume

2022-April-07

Ferry Services to Turkey and Greek Islands finally resume

According to sector officials, the ferry service that runs between the islands of Turkey and Greece in the Aegean Sea has finally resumed service after being out of action for two years due to the safety measures put in place for the COVID-19 pandemic.

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Istanbul Financial Center welcomes the Central Bank

2022-March-31

Istanbul Financial Center welcomes the Central Bank

In accordance with an email that was sent from the monetary authority to its employees, the Turkish Central Bank is forecast to move its operations currently in the capital of Ankara to a new location in Istanbul in the next few months.

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Medical tourists from Europe favour Turkey

2022-March-31

Medical tourists from Europe favour Turkey

The General Manager from a health organisation in Ankara has reported that the European medical tourism is starting to be directed in Turkey’s direction. In a press release, Ali Takut, the General Manager of health in everywhere confirmed that Turkey has many cities offering medical tourism to foreigners such as those in Ankara, Antalya, and Istanbul.

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Amazon to create over 1,000 new jobs in Turkey

2022-March-29

Amazon to create over 1,000 new jobs in Turkey

The global e-commerce company Amazon has announced that it is going to open its first logistics centre in Turkey with an investment of more than 100 million USD and the creation of over 1,000 new jobs in the country.

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Turkey becoming the most sought-after destination for Serbs

2022-March-29

Turkey becoming the most sought-after destination for Serbs

The Turkish Ambassador to Belgrade has stated that arrivals to Turkey from the Balkan country have increased by 85% when compared to previous years and that Turkey is becoming one of the most sought-after holiday destinations for Serbian nationals travelling abroad.

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Istanbul Airport again Europe’s busiest airport

2022-March-01

Istanbul Airport again Europe’s busiest airport

Official data has recently announced that for the second year in a row, Istanbul Airport has claimed the title as Europe’s busiest. Official data from the Airports Council International Europe (ACI Europe) showed that Istanbul Airport welcomed almost 37 million passengers.

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Swim in the morning, Ski in the afternoon in Antalya

2022-March-01

Swim in the morning, Ski in the afternoon in Antalya

Antalya in Turkey sits in the southern Mediterranean province and is known as the tourism capital thanks to the stunning beaches which are famous worldwide, as well as the stunning historical aspects that attract thousands of visitors per year.

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Turkey top exporter of Home Appliances in Europe 2021

2022-March-01

Turkey top exporter of Home Appliances in Europe 2021

Turkey’s Industry and Technology minister was delighted to announce recently that the top honours were bestowed on Turkey, when they were announced as the largest exporter of home appliances in Europe during the year 2021.

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2021 saw revenues double as foreign tourism reignited

2022-February-27

2021 saw revenues double as foreign tourism reignited

According to official data recently released in Turkey, last year saw tourism revenues double as foreign visitors returned to Turkey once more. The recovery is a welcome sign since the measures put in place in 2020 due to the Coronavirus Pandemic sweeping across the world.

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Turkey targets 10% share of global bicycle tourism market

2022-February-27

Turkey targets 10% share of global bicycle tourism market

In a recently released television interview, Mehmet Nuri Ersoy, the Culture and Tourism Minister in Turkey spoke about how the country could gain an increased 10% share of global revenues from bicycle tourism around the world.

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Yalova in Turkey tempts 500,000 tourists in 2021

2022-February-27

Yalova in Turkey tempts 500,000 tourists in 2021

Data recently released showed that almost half a million tourists visited Yalova in 2021 to enjoy the soothing natural hot springs within the region, which has named it as one of the more prolific thermal destinations for tourism around the world.

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Turkey welcomes 15,000 new teachers

2022-February-27

Turkey welcomes 15,000 new teachers

In a recent ceremony held at the Congress and Culture Center at the Presidential Complex in Ankara, the government appointed 15,000 new teachers, proving that education is solid despite the Coronavirus pandemic. As the names were announced many of the newly qualified teachers found their emotions running high.

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The cheapest airline ticket in 2021 was to Turkey

2022-February-18

The cheapest airline ticket in 2021 was to Turkey

Like most industries over the last couple of years, Turkey's tourism sector was badly affected. However, there's light at the end of the tunnel as tourists begin to book holidays once more. And some are getting a lot of holiday for very little money, with the cheapest flight last year costing just a few dollars.

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Internet speeds In Turkey increase by 65%

2022-February-09

Internet speeds In Turkey increase by 65%

There's nothing worse than slow internet. Which is why the news that Turkey's internet speeds have increased by an impressive 65% over the last year. It's down to a drive by government to increase connectivity and productivity, critical drivers of Turkey's economy.

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Tourism numbers double as visitors return to Turkey

2022-February-04

Tourism numbers double as visitors return to Turkey

It's been a hard couple of years for anyone involved in Turkey's tourist industry, with the pandemic putting the brakes on visitors for much of 2020. But positive signs are showing, with 2021 figures revealing that the number of tourists entering the country doubled last year.

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Cryptocurrency booming in Turkey

2022-January-31

Cryptocurrency booming in Turkey

In countries where inflation is high, cryptocurrency proliferates. And that's no exception in Turkey, where rising inflation and a weakened lira have sent a growing number of Turks into crypto trades. The Turkish government, keen to see the lira flourish, is pulling levers to curb crypto. But measures haven't put the dampeners on the young investors looking for high returns.

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Changes to Turkey's citizenship by investment programme

2022-January-26

Changes to Turkey's citizenship by investment programme

A minor change to Turkey's citizenship by investment programme has been made to bolster the country's currency, but will have little effect on investors. Property Turkey director Cameron Deggin said demand for property has been strong as investors capitalise on Turkey's depressed lira.

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Turkish Airlines debuts sustainable aviation fuel flights

2022-January-23

Turkish Airlines debuts sustainable aviation fuel flights

The national flag carrying airline Turkish Airlines (THY) will switch to new fuel that decreases emissions by 87%, the company’s chairperson Ilker Ayci said on Thursday. THY will be debuting flights using this new sustainable fuel with their new motto “Our route is the future”

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Luxury yachts soars as sector tops 1.4bn USD

2022-January-16

Luxury yachts soars as sector tops 1.4bn USD

Beloved of billionaires, luxury yachts are a common sight in Turkey's upmarket ports. But it's not just the rich and famous that benefit from these vessels: the luxury yacht sector has bagged more than $1.4bn for the Turkish economy.

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