Property Turkey News

Reunification talks offer last chance saloon for Cyprus

  09 January 2017

Reunification talks offer last chance saloon for Cyprus Cyprus and Northern Cyprus leaders are sitting down this week to try and thresh out a solution to a problem that's remained unsolved for more than four decades: the reunification of the two parts of divided Cyprus. Officials remain hopeful - but no one really knows which way they'll go.
Flights cancelled as temperatures plunge in Turkey

  07 January 2017

Flights cancelled as temperatures plunge in Turkey An unprecedented cold snap has pushed temperatures below their average by 10 to 15 degrees, and sent snow that has seen the cancellation of 800 flights. Meanwhile, the Eurasia Tunnel has opened to great fanfare and excitement - especially by commuters who will save an estimated 52 million hours in travel time.
Istanbul's skyscraper revolution: the giants moving into the city

  07 January 2017

Istanbul's skyscraper revolution: the giants moving into the city The ever-growing city of Istanbul seems to be growing upwards. Construction is booming, and with it, giant buildings are appearing all over the city. Already the tallest city in Europe, Istanbul's set to become one of the tallest on the planet. Cameron Deggin explores some of his favourite Istanbul city skyscrapers.
Turkish currency drop: Turks rush to change dollars to lira

  05 December 2016

Turkish currency drop: Turks rush to change dollars to lira The lira's loss in value has prompted a scramble by the Turkish public to exchange their dollar reserves into lira or gold - and inspired a wave of patriotism amongst the public, with businesses offering incentives for people with proof of currency conversion. Meanwhile, President Erdogan is assuring the public that the volatility will not affect the economy in any significant way in the long term.
Latest news: Turkish economy to thrive under Trump-led US

  01 December 2016

Latest news: Turkish economy to thrive under Trump-led US Turkey's economy and trade relations with the US will improve under a US-led trump, says the head of the Turkish-American Business Association, who says he's optimistic about bilateral ties between the US and Turkey. In other Turkish news, the government is implementing measures to bring economic growth to the country - and improve tourist numbers, which fell this year amidst political uncertainty.
Turkish property market bounces back

  18 October 2016

Turkish property market bounces back A 41% rise in the number of properties bought from July to August clearly shows any lingering doubt after July's coup attempt has passed. The number of property sales around the country has risen, with Istanbul retaining its top spot and Antalya coming in second place. Property Turkey director Cameron Deggin says the numbers are testament to Turkey's enduring economic success.
Turkey's role as an regional energy hub solidified after World Congress

  17 October 2016

Turkey's role as an regional energy hub solidified after World Congress Turkey's geographical significance as a bridge between east and west has played a large part in the country's fortunes. Now, its pivotal position is set to turn the country into an energy hub. Turkish President Erdogan and Russian President Vladimir Putin have signed an agreement signalling the beginning of the new pipeline that will bring natural gas resources from Russia, through Turkey and to the European market. It's a chance for Turkey to transform to a world energy leader, and will have significant impacts on the country's economy.
Planting a seed: Banyan Tree offers investment and lifestyle in Bodrum

  19 September 2016

Planting a seed: Banyan Tree offers investment and lifestyle in Bodrum The Banyan Tree has a global reputation for delivering discreet, high-level service in its luxury hotels. Now, the brand has partnered with a top local developer to develop a new project on the shores of Yalikavak. The Banyan Tree Residences offer incredible design and facilities a stone's throw from Bodrum's most sought-after centre. The high-calibre residences offer not only an incredible lifestyle opportunity, but a sound investment for anyone wishing to buy in at the ground level.
Road to success: Istanbul's Media Highway developments set to soar

  09 September 2016

Road to success: Istanbul's Media Highway developments set to soar Istanbul's Media Highway region has become an investment hotspot as new developments draw buyers attracted by quality builds, favourable capital gains and high rental returns. The government has ploughed almost a billion dollars into the region's infrastructure and construction, improving links from Media Highway around the city and beyond. Discover why investors are turning to this central city area.
Business as usual: Turkish economy unaffected by coup, says PM

  05 September 2016

Business as usual: Turkish economy unaffected by coup, says PM “The coup attempt did not have even a shadow of effect on the economy,” Turkey's prime minister has said. Cashflow into the country surpassed cashflow out, he added. In other news, record takeoffs and landings at Ataturk Airport, as well as the return of Russians to Turkey herald an improvement in the tourism sector.
Bridge boom: Istanbul property prices increase fourfold

  01 September 2016

Bridge boom: Istanbul property prices increase fourfold Istanbul's third bridge opened last week to great fanfare. The eight-lane bridge has eased congestion in the city, shortening commuter journeys all over the city. What's more, according to 
Latest economy news: Turkey property prices jump 65pc in four years

  22 June 2016

Latest economy news: Turkey property prices jump 65pc in four years A Knight Frank report shows us that Turkish property prices are the most buoyant in Europe, with an increase of 65% since 2012. Prices are being pushed higher by domestic demand with the country's burgeoning mortgage industry, and a strong economy, which continues to outperform expectations. Read on to find out more economic and real estate news from Turkey.

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