2022-January-26

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.

2022-January-23

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”

2022-January-16

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.

2022-January-14

The expectation Turkey has put on their tourism sector for this year is very high. It should come to fruition though, as they have already received a huge number of reservations with many coming from the United Kingdom, which is an extremely important market for Turkey and its Mediterranean coast.

2022-January-14

The German designer clothing house Hugo Boss has made the decision to move their production closer to their European base so that they can reduce how much they rely on Southeast Asia, particularly as there is severe pressure being put on global supply chains. Therefore, they are to expand their current Turkish factory capacity.

2022-January-11

Official data showed that there was an upward trend for the first nine months of 2021 with foreign holidaymakers reaching 1.8 million for the month of November. The Culture and Tourism Ministry reported that although these figures were up by a huge 111.5% when compared with November 2020, they are still down 19.5% when compared to the pre-pandemic levels.

2022-January-11

The UNESCO world heritage site, Cappadocia, saw foreign and domestic tourists flock to celebrate the New Year amidst the historical, cultural, and natural marvels that the area has to offer. The region put on special celebrations in various ways, with hotels welcoming tourists from all over the world to join in the festivities.

2021-December-29

President Erdogan recently announced that over the past 20 years Turkey have made significant improvements in every area of education, to the point where they are now capable of competing with other nations, in particularly the Organisation for Economic Co-operation and Development (OECD) countries.

2021-December-29

The French car giant Renault recently announced the establishment of RGO (Renault Group Automotive inc.) which is part of a breakthrough strategy that they are deploying in Turkey. The move has been made so that Renault can strengthen both their investments and presence in Turkey.

2021-December-28

At the 11th International Resort Tourism Congress held at the Mediterranean resort city in Antalya, the Turkish Culture and Tourism Minister announced that Turkey’s financial goal from the tourism industry for 2021 has been revised up and is now set to be 24 billion USD in total.

2021-December-28

A new Metro Line has been running trials to connect Gayrettepe to Istanbul Airport. The line is due to open next year and will be the fastest line in the city with the capability of travelling at 120kph. The Transport and Infrastructure Minister was present at the trials and added that the Metro Line would also be the first to use the country’s signalling system.

2021-December-28

After decades, the first passenger ferry from Libya docked at the Aegean coast in the Izmir province of Turkey. The ferry, “Kevalay Queen,” departed from Misrata, the Libyan port. The ferry, carrying 107 passengers anchored down at the Alsancak Port in Izmir and this was the first time in 25 years that the route has been used.

2021-December-27

After government intervention, the lira made record-breaking gains last week, ending 50% up on Christmas Eve. Investors who bought property at the bottom of the currency are now cashing in, and there's more growth set to come, analysts say.

2021-December-20

In a recent survey conducted in the UK, Istanbul was rated as the most affordable city in the world to relocate to and start a new life as an expat. The research looked at a range of things including property prices, cost of living, and average wage.

2021-December-20

Every year in the southern province of Antalya, people work hard to create beautiful and decorative wreaths that will go on to be displayed around homes in various countries, but particularly in Europe during the Christmas and New Year’s celebrations.

2021-December-18

Buyers are flocking to Turkey to take advantage of the rock-bottom Turkish Lira. The influx of interest has resulted in a month like no other: a huge 48% rise in property sales in November. The 7363 properties represents the highest number since records began in 2013.

2021-December-10

A UK study has revealed that Istanbul is the most affordable city for anyone looking to relocate. Living costs in Turkey's largest city are a staggering £15,000 lower than the average city, and an eye-watering £41,000 less than Basel, which took out the least affordable city spot.

2021-December-03

Turkey's lira is making the news again. If you're a Turkish citizen, the news is bad. But if you're a buyer, especially with dollars or pounds, opportunity knocks. Property Turkey director Cameron Deggin says business is booming, and if you're an investor, the time is now to make your move.

2021-November-30

Despite the worldwide COVID-19 pandemic that has brought the airline sector to its knees last year, Istanbul Airport has welcomed over 103.5 million people in the past three years since first being opened, as well as receiving multiple top accolades and international awards.

2021-November-30

According to a popular Turkish daily newspaper, one of the world's wealthiest individuals, Bill Gates, is reported to be enjoying both work and pleasure while on vacation in Turkey, after being seen breakfasting at the mansion of one of Turkey's most powerful businessmen.

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