home Turkish property & economy news

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. 

 
Driven by export high, Turkish economy is at a 'turning point'

2020-November-02

Driven by export high, Turkish economy is at a 'turning point'

Turkey's low lira has given rise to a wealth of opportunities, even in the middle of the pandemic. The country's cheaper goods are attracting overseas attention, and exports out of the country have never been higher. Turkey's finance minister this week told investors that this meant opportunity, and a turning point for a country hitting its stride.

Read More
50 billion USD trade volume eyed between Turkey and Germany

2020-October-19

50 billion USD trade volume eyed between Turkey and Germany

In a recent announcement, Gonca Yilmaz Batur, the Deputy Trade Minister of Turkey confirmed that Germany is the most important trading partner in Europe for Turkey and that Germany and Turkey are aiming to reach a massive 50 billion USD trade volume over time.

Read More
Historical sites attract 3 million visitors in Turkey

2020-October-19

Historical sites attract 3 million visitors in Turkey

In the three months of June, July, and August, statistics showed that there were just over three million visitors to the archaeological sites and museums in Turkey. The most visited historical place attracted a total of 233,000 guests, and this was the ancient ruins located in Western Denizli’s Hierapolis, Pamukkale.

Read More
Hagia Sophia officially reopens as a Mosque

2020-October-19

Hagia Sophia officially reopens as a Mosque

The Hagia Sophia has functioned as a museum for decades, becoming one of the picture postcards of Istanbul for the millions of tourists who visit it every year. However, in July this year it reopened as a mosque after reverting to its original status after the annulment of the original change.

Read More
British tourists flock to Aegean and Mediterranean coasts

2020-October-19

British tourists flock to Aegean and Mediterranean coasts

Following a hiatus from the coronavirus pandemic and flights resuming between Turkey, and the United Kingdom, Turkey was the most favoured go-to place for British holidaymakers this summer. The data showed that in 30% of all holiday searches in the UK, Turkey was the chosen holiday spot for September and October holidays.

Read More
In 8 months, Turkey welcomed over 7.25 million tourists

2020-October-12

In 8 months, Turkey welcomed over 7.25 million tourists

Initially Turkey was hit severely by the coronavirus pandemic, however, since the country has been able to lift the majority of measures that were put in place, foreign visitors have started to flock to Turkey with international flights in service once again.

Read More
Hotel Giant Wyndham continues growth in Turkey

2020-October-12

Hotel Giant Wyndham continues growth in Turkey

Dimitris Manikis, the Chairperson for the hotel giant Wyndham has confirmed that the company remains focused on increasing their international presence in Turkey. During an interview, Manikis said: “After introducing our La Quinta brand in Turkey at the end of 2019 – the first outside of the Americas – we opened two new La Quinta properties in Bodrum and Giresun during the summer.”

Read More
Turkey the extended Autumn holiday of choice for Russians

2020-October-12

Turkey the extended Autumn holiday of choice for Russians

According to the ATOR (The Association of Tour Operators in Russia), the total demand for Turkish holidays by Russian citizens has increased significantly due to the holiday extension of Russian school’s autumn holiday period for 2020.

Read More
2.5 Million tourists visit Antalya from January – September

2020-October-12

2.5 Million tourists visit Antalya from January – September

New statistics released have confirmed that despite the COVID-19 pandemic, 2.5 million visitors have visited Antalya on the Mediterranean coast in Turkey. Experts in the tourism industry strongly believe this is due to the campaign that has been run to assure tourists health and safety is paramount in Turkey.

Read More
'If you love Bodrum, make it your home' says Mayor worried about population growth

2020-October-07

'If you love Bodrum, make it your home' says Mayor worried about population growth

Bodrum's summer population has stayed put. Reluctant to head back to the city and the prospect of lockdown, Turks holidaying in the peninsula are staying put: working and educating their children from home. The increased numbers have placed extra demands on Bodrum's infrastructure, and the Mayor is wondering how the city will cope.

Read More
Resorts set to swell this winter as Istanbul residents flee the city

2020-September-24

Resorts set to swell this winter as Istanbul residents flee the city

Keen to avoid more time trapped in their city apartments, Istanbul residents are heading for their holiday homes. The resort towns, especially those closest to Turkey's largest city, are seeing their populations swell as holiday home owners move in for the winter. Local tradespeople and business owners are welcoming the boost to the local economy.

Read More
Despite pandemic, 15 billion USD predicted from tourism in 2020

2020-September-17

Despite pandemic, 15 billion USD predicted from tourism in 2020

A senior industry representative said that Turkey’s tourism industry could generate as much as 15 billion USD by the end of 2020 as the sector sees a recovery from the COVID-19 pandemic, with international arrivals rising in numbers.

Read More
Turkish marinas favoured docking site for super-rich this summer

2020-September-17

Turkish marinas favoured docking site for super-rich this summer

The docks in the resort town of Bodrum in Mugla, southwestern Turkey have become the new favourite destination for owners of mega yachts to dock, following a rise of COVID-19 cases reported in other countries along the Mediterranean Sea, including Spain and France.

Read More
Surge of US interest in Turkey as Americans tire of pandemic conditions

2020-September-09

Surge of US interest in Turkey as Americans tire of pandemic conditions

The pandemic has prompted a lot of people to evaluate. What is important? What should life look like? And where should I live? Americans, fed up with pandemic conditions and an increasingly polarised society, are looking outwards for new opportunities. And many are looking to Turkey, where citizenship is available with a $250,000 investment.

Read More
Foreign real estate investments in Turkey predicted to rise

2020-September-07

Foreign real estate investments in Turkey predicted to rise

A senior real estate sector representative has said that house sales in Turkey to non-nationals are predicted to see a significant increase in the forthcoming period due to the currency exchange rate and the country’s effective containment of the COVID-19 pandemic.

Read More
Turkish tourism boosted by new German arrivals

2020-September-07

Turkish tourism boosted by new German arrivals

Germany’s initial lifting of travel restrictions due to COVID-19 is expected to give Turkey a significant boost in the tourism sector, tourism representatives are expecting. This would be the second boost to the tourism recovery, after the arrival of Russian tourists.

Read More
Tourists return to Cappadocia after a five month wait

2020-September-07

Tourists return to Cappadocia after a five month wait

In the second week of March, the General Directorate of Civil Aviation cancelled all hot air balloon tours in Turkey’s touristic region of Cappadocia as part of the country’s fight to contain the COVID-19 outbreak. As of August 22, flights were recommenced, after a five-month break.

Read More
Despite pandemic, property sales top 1 million in first half of 2020

2020-September-03

Despite pandemic, property sales top 1 million in first half of 2020

Official data shows that despite the COVID-19 crisis and consequent lockdown enforcements, the first half of 2020 saw more than a million properties sold in Turkey. In total, 1,058,448 residential and commercial properties, as well as plots of land, were sold during the period of six months between January and July this year.

Read More
Promising July leads to optimism for Turkey’s tourism season

2020-September-03

Promising July leads to optimism for Turkey’s tourism season

Since flights were restarted from many countries in July, tourism in Turkey has quickly gathered pace. According to the Culture and Tourism Ministry data, around 933,000 tourists flew to Turkey last month alone, which was more than quadruple June figures, which sat at 215,000.

Read More
Ukrainians top list as number of tourists visiting Antalya reach 1 million

2020-September-03

Ukrainians top list as number of tourists visiting Antalya reach 1 million

As international flights resume to Antalya, the number of foreign tourists visiting the Turkish Mediterranean resort city has hit one million, with Ukraine being the most popular homeland for these tourists. Antalya has established itself as a safe destination for holidaymakers during the coronavirus pandemic, and as a result the number of tourists have soared.

Read More

{{setDate(news.stat_created)}}

{{news.content_title}}

Read More
Loading...