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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. 

 
Brits return to Turkey as UK quarantine axed

2020-July-13

Brits return to Turkey as UK quarantine axed

With measures around quarantine for returning tourists relaxing, Turkish tour operators are cautiously optimistic. Flights are returning, and with them the tourists. Visitors from the UK are expected to make up a decent share of the tourists travelling to Antalya, Fethiye and Bodrum for summer holidays.

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New measures see Turkey welcome visitors again

2020-July-10

New measures see Turkey welcome visitors again

Usually to secure a sun bed on the beach in the popular holiday resort of Antalya tourists would have to get out of bed before dawn. However, due to the coronavirus the best beach spots are still available well into the late morning.

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COVID-19 testing to be done at Turkish Airports

2020-July-10

COVID-19 testing to be done at Turkish Airports

Mehmet Nuri Ersoy, the Culture and Tourism Minister recently announced that since July 1, coronavirus testing centres will be in place at the busiest airports in Turkey, with all other airports following suit by July 15.

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What you need to know before your Turkish holiday

2020-July-08

What you need to know before your Turkish holiday

As borders open and international travel resumes, many travellers have questions. How will I travel? What measures are in place at the border? Are attractions and restaurants open? And what kind of reception will I get when I arrive? We answer your frequently asked questions about a 2020 summer holiday in Turkey.

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Turkish tourism is going to look a little different for a while

2020-June-25

Turkish tourism is going to look a little different for a while

Getting up at the crack of dawn to secure a sun bed is a thing of the past - at least, for this year. But there are other aspects of holidaying in Turkey that will look quite different. Discover what measures the Turkish government is taking to keep Turks and visitors safe this summer. 

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'Tremendous momentum' in store for Turkey's economy - President Erdogan

2020-June-21

'Tremendous momentum' in store for Turkey's economy - President Erdogan

A "tremendous momentum" will see Turkey recover quickly from the impact wrought by coronavirus, says Turkish President Recep Tayyip Erdogan. "We've faced the pandemic, in which even developed countries have been left helpless, both with our health infrastructure, our food and cleaning supply chain and exemplary management in terms of public safety."

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Furniture Production in Turkey Booms

2020-June-16

Furniture Production in Turkey Booms

Turkey’s furniture sector has accelerated production in preparation for the post-pandemic period as the country begins to ease measures which were set in place to protect against the coronavirus. As COVID-19 spread globally, many sectors had to cease or seriously reduce their businesses in various countries which included Turkey.

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Turkey reopens and Europeans start booking holidays

2020-June-16

Turkey reopens and Europeans start booking holidays

June 1 saw Turkey reopen tourist spots and hotels across the country, whilst also resuming intercity travel and domestic flights. By the middle of June, the country opened flights to foreign visitors as the country adjusts to the new normal.

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The Grand Bazaar in Istanbul reopens to visitors

2020-June-16

The Grand Bazaar in Istanbul reopens to visitors

Due to the coronavirus, the Grand Bazaar was forced to close its doors on March 23. There are nearly 3,000 shops that employ over 30,000 people in the Bazaar and after completing a deep clean, the Grand Bazaar opened again after a two-month closure.

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Turkish real estate sales surge as govt offers Turks unmissable deals

2020-June-11

Turkish real estate sales surge as govt offers Turks unmissable deals

We're hearing a lot about a post-covid slump. But the reality is very different: in Turkey, industry experts are predicting as many house sales in the next two months as in a normal year, thanks to a collaboration between Turkey's three largest banks and state developer Emlak Konut, who are helping first-time buyers to get off the blocks and onto the property ladder.

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Trade between Turkey and UK could reach 20 billion USD

2020-June-09

Trade between Turkey and UK could reach 20 billion USD

In a report from a top Turkish business leader, he spoke of how British officials are aiming to boost bilateral trade with Turkey to reach 20 billion USD by the end of 2023. Osman Okyay, the head of the Foreign Economic Relations Board (DEIK) Turkey-UK Business Council said that the bilateral trade value last year stood at 16.3 billion USD.

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Turkish Shopping Malls already reach 65% of their turnover

2020-June-09

Turkish Shopping Malls already reach 65% of their turnover

May 11th saw some shopping malls in Turkey open again as part of the country's efforts to ease the measures put in place due to the coronavirus. It has been reported that some have already reached up to 65% of their turnover.

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Turkish economy to bounce back by 6% next year

2020-June-05

Turkish economy to bounce back by 6% next year

Due to the impact of the Coronavirus pandemic, the Turkish economy, as well as many other countries expect their economies to shrink this year. However, the European Bank for Reconstruction and Development (EBRD) has forecast that the Turkish economy will bounce back next year by 6%.

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Local businesses in Turkey expected to recover swiftly

2020-June-05

Local businesses in Turkey expected to recover swiftly

Ruhsar Pekcan, the Turkish Trade Minister announced recently that Turkey is to reopen the economy on the 1st of June. The country had been in lockdown for over two months because of the Coronavirus.

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Could caravan holidays be the next big thing in Turkey?

2020-June-03

Could caravan holidays be the next big thing in Turkey?

As Turkey prepares to move into a post-coronavirus world, tourism operators are trying to anticipate what tourists might want, and that includes socially distant holidays. The owner of a caravan park in Izmir, on Turkey's Aegean, is one such operator pivoting in the new climate. He has fielded three times as many clients as usual, he says. 

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When can I fly to Turkey? Sooner than you think

2020-May-27

When can I fly to Turkey? Sooner than you think

Turkey's coronavirus success has meant the country is poised to make a swift recovery. Tourism, a mainstay of the Turkish economy, all but closed during the pandemic. Now, the country is poised to open its doors, with countries making a staggered return starting on June 1. 

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Turkey emerging as top post-pandemic investment market

2020-May-20

Turkey emerging as top post-pandemic investment market

Whilst the short-term perspective of the global economy is looking disappointing due to severe contractions from the COVID-19 Coronavirus outbreak, experts suggest that early indications are showing that Turkey is an emerging market that will offer excellent investment opportunities despite the diminution.

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Despite the Coronavirus Turkey sees auto sales up 44% in Q1

2020-May-20

Despite the Coronavirus Turkey sees auto sales up 44% in Q1

Data released has showed that the sale of automobiles fell 23.6% in Europe in the first quarter after declining demand and increasing interruption in the global supply chains, whereas Turkey recorded a huge 44% increase thanks to strong demand.

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Turkey opens its doors to health tourists

2020-May-19

Turkey opens its doors to health tourists

Turkey's health tourism industry is a vital part of the country's economy. With coronavirus cases in Turkey falling, the country is looking to restart its tourism industry, starting with allowing citizens of 31 countries the opportunity to travel to Turkey to access vital healthcare facilities. 

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Istanbul's children get their first taste of freedom

2020-May-14

Istanbul's children get their first taste of freedom

With coronavirus infections easing in Turkey, restrictions on its populace are lifting. Malls are opening, salons are open for business, and people are venturing out for the first time in weeks. Children and elderly people, who were ordered inside by the government, are finally getting a taste of freedom after almost eight weeks.

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