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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. 

 
Turkey safe haven for investors according to Vice President

2021-July-22

Turkey safe haven for investors according to Vice President

Fuat Oktay, the Vice President, said during a joint news conference in Ankara with the President of Tatarstan, Rustam Minnikhanov, that the Turkish economy had displayed a “very successful performance” during the coronavirus pandemic, which highlighted that the sectors’ investments, both public and private, had continued without slowing or stopping.

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15,000 Russians arrive every day in Antalya

2021-July-20

15,000 Russians arrive every day in Antalya

The General Manager of Fraport TAV Antalya Airport, Deniz Varol said that air traffic has surged with flights from Russia. Planes have been arriving in Antalya after a two-month suspension in flights. More than 110,000 Russians have arrived in Turkey in the past week alone.

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Plane spotters given official space at Istanbul Airport

2021-July-20

Plane spotters given official space at Istanbul Airport

Turkey’s Istanbul Airport has become the first airport in Turkey to formally reserve a place at the airport exclusively for plane spotters. Enthusiasts of planes have flocked on Friday to the space, which overlooks the runways of the airport, for its inauguration.

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Turkish Cargo flies 100 million COVID vaccines around the world

2021-July-20

Turkish Cargo flies 100 million COVID vaccines around the world

Turkish Cargo, a subsidiary of the national carrier of Turkish Airlines has delivered a grand total of 100 million doses of the COVID-19 vaccine to over 35 countries around the world, with more than 250 flights operating since the pandemic first hit.

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After 5 years Restoration, Sumela Monastery opens

2021-July-20

After 5 years Restoration, Sumela Monastery opens

In the Black Sea province of Trabzon, the Sumela Monastery has finally re-opened to visitors after undergoing a 5-year restoration project in Turkey. The monastery is also referred to as Mother Mary, or Virgin Mary, and is carved from rocks in a wooded slope of Mt. Karadag in Macka which sits 984 foot (300 metres) above the Altindere Valley.

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Turkey looks for ways to boost vaccination schedule

2021-July-14

Turkey looks for ways to boost vaccination schedule

More than 17 million Turks have now had both doses of the covid vaccine. But with Eid on the horizon, summer holidays slowing progress and new variants threatening to send case numbers spiralling, Turkish authorities are working on ways to boost the country's vaccination schedule.

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Travel ban easing prompts tourist wave

2021-July-06

Travel ban easing prompts tourist wave

The relaxing of travel bans has prompted a wave of tourists heading to Turkey. Antalya, a favourite with Russians, Germans and other Europeans, welcomed a surge of visitors in June, including 110,000 Russians in a week. Officials hope that the healthy numbers will herald a return that will bring tourism -- almost -- back to form in Turkey.

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Turkey reaches out to Russia in its bid for the moon

2021-June-29

Turkey reaches out to Russia in its bid for the moon

Turkey's space programme only began 18 months ago, but it's already making giant leaps. The head of Turkey's space agency has confirmed he is in talks with several countries about progressing Turkey's bid to reach the moon in 2023. The $1bn programme includes scientific exploration and launching Turkey's own satellites.

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Turkey’s tourism sector looks towards domestic market

2021-June-22

Turkey’s tourism sector looks towards domestic market

If there are no new COVID-19 restrictions, Turkey’s tourism sector is optimistically looking to have what could be their ‘best season of the century’ amongst Turkish nationals, as Turks are expected to flock to resort cities for their holidays.

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Turkish tourism hub Antalya ready for summer

2021-June-22

Turkish tourism hub Antalya ready for summer

In the southern Mediterranean resort city of Antalya, more than a million people have now been vaccinated by Turkish health workers against COVID-19. Administered to more than 73% of the target population, more than one million doses have been given out, the provincial health director for Antalya, Unal Hulur, has said.

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Turkey steps up vaccines, giving 1m each day

2021-June-22

Turkey steps up vaccines, giving 1m each day

The Turkish government has ramped up its Covid-19 vaccine response, doling out a million each day, about 10 times the rate up until June. In response, investment bank JP Morgan has revised its economic forecast for Turkey from 6.1% to 6.8%. The vaccination effort is also prompting hope for Turkey's tourist season.

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With 519 Blue Flag beaches, Turkey ranks third globally

2021-June-20

With 519 Blue Flag beaches, Turkey ranks third globally

Turkey is continuing its charge to the top of the global rankings for the cleanest beaches in the world. The number of Blue Flag beaches reached 519 in 2021, and these Blue Flag beaches are increasing in number each year thanks to the Turkish environmental investments. 519 beaches sees Turkey rank third globally.

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Turkish rapid delivery service, Getir, launches in Amsterdam

2021-June-20

Turkish rapid delivery service, Getir, launches in Amsterdam

The online fast delivery company, Getir, meaning ‘bring’, founded in Turkey, has now begun to provide its service in the Netherlands, after entering into the Amsterdam market. This comes following the inauguration of operations within London, the founder of Getir explained on Friday.

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Growing interest by investors in Turkish start-ups

2021-June-20

Growing interest by investors in Turkish start-ups

Data from January through to April of this year show that foreign and domestic investors are continuing to show a great deal of interest in Turkish start-up companies. During the four-month period of this year, 161 angel investors, corporate venture capital investors and venture capital companies made investments in Turkish start-ups.

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Turkish houses sales up as property demand soars

2021-June-15

Turkish houses sales up as property demand soars

Demand for property is up. As well as domestic property buyers, who are returning to the market with enthusiasm, the number of foreign buyers is also up, year on year. Property Turkey director Cameron Deggin said a healthy domestic property market was good news for overseas investors, buoying the economy and shoring up an exit strategy.

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Turkey leads the world for property price growth

2021-June-10

Turkey leads the world for property price growth

Knight Frank's latest Global House Price Index has shown that over the 56 countries it examined, house prices are rising faster than they have done since before the global financial crisis. Around the world, this has triggered a market frenzy, prompting a 7.3% rise in the average global house price in the year to March.

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Turkish museums receive almost 9 million visitors

2021-June-07

Turkish museums receive almost 9 million visitors

In 2020, Turkish museums and archaeological sites still racked in more than 8.91 million visitors, despite the COVID-19 pandemic causing chaos for the tourism sector worldwide. The important role of the sites sees the cultural heritage protected, allowing for future generations to see and enjoy, as well as generating a collective memory archive.

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12 million people visit Camlica Mosque in two years

2021-June-07

12 million people visit Camlica Mosque in two years

The Hagia Sophia mosque is highly valued within the Muslim faith as a place to visit and pray. However, another mosque in Istanbul, the largest in Turkey, remains a favourite with faithful and tourists alike. Since its inauguration two years ago, a total of 12 million people have visited the Grand Camlica Mosque.

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30 million tourist goal maintained as Turkey eyes June for tourists

2021-June-07

30 million tourist goal maintained as Turkey eyes June for tourists

The tourism goal for 2021 is firmly in Turkey’s sight as there are hopes to allow tourist arrivals back by June. The Culture and Tourism Minister Mehmet Nuri Ersoy said this was due to the decreasing coronavirus cases.

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As restrictions ease, Turkey's economy grows

2021-June-02

As restrictions ease, Turkey's economy grows

In another economic coup, Turkey has achieved 7% annual growth, outstripping every G20 country bar China. The result is due to enormous efforts by the Turkish government to bolster spending: lowering interest rates and making lending more appealing, measures designed to curb the worst of the Covid fall out.

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