2020-February-10

According to the statistical authority in Turkey, house sales reached almost 1.35 million in 2019. Foreign buyers were responsible for 45,500 house sales equating to an increase of 14.7% when compared to the year before. Almost 512,000 of the houses were sold for the first time with the remainder from January to December being second-hand sales.

2020-February-09

Turkey's ambitious goal to attract 75 million annual visitors by 2023 looks to be on track. As the country continues to develop its tourism industry, diversifying into health, cruise and thermal tourism and marketing itself to new countries, its tourism industry is more robust than ever, with 51.8m people visiting Turkey in 2019.

2020-January-28

According to official data, Cappadocia played host to 3.7 million tourists between January and November last year. Due to the visitor numbers, the region exceeded the 3 million tourist figure for visitor numbers for the first time ever.

2020-January-24

Turkey finished 2019 on a high note as the country registered a double-digit growth of foreign tourists. The Culture and Tourism Ministry confirmed that international visitors to Turkey grew last year by 14.31% to 42.9 million from January to November.

2020-January-24

With the aim of gaining higher revenues, tourism operators are to turn their attention to attract greater tourist numbers from India, East Asia and China along with winning over the new generation of solo travellers.

2020-January-22

The Chairman of Turkey’s flag carrier confirmed that this year Turkish Airlines are updating and expanding their fleet, plus opening new routes. Ayci went on to say: “We have completed all the necessary procedures to launch flights to Malabo, Equatorial Guinea, Tokyo’s Haneda airport, Newark, New Jersey, and Vancouver, Canada in 2019.”

2020-January-22

In accordance with a news conference in Ankara on December 30th, 2019 attended by the Turkish and Moldovan Presidents, it was agreed that although the countries have faced difficulties, they believe that mutual investments will see them overcome issues with their bilateral economic relations.

2020-January-20

The Tuzla district of Istanbul is setting up a biotechnology valley with the foundations due to be completed in July 2020. The project has an estimated cost of 12 billion Turkish Lira and it is predicted that the new biotechnology valley will create 30,000 new jobs in Tuzla.

2020-January-20

Official data reported that residential purchases rose by a massive 54.4% in November 2019, after the CBRT (Central Bank of the Republic of Turkey) slashed their interest rates making borrowing costs far cheaper.

2020-January-19

Tourism is booming, and the numbers look good. With a tourist industry that's no longer dependent on sea, sand and sun, Turkey's diverse drawcards are working their magic, attracting millions of visitors and putting much-needed money into the economy, which relies partly on tourism for growth.

2020-January-19

There are currently 71 mansions situated on the waterfront of the Bosporus that are currently for sale. An expert who oversees many of the Istanbul mansion sales confirmed that: “The combined value of this luxury estate stands at approximately TL10 billion which equates to 1.68 billion USD.”

2020-January-02

This year, the economy is set to expand 3%, signalling an easing of the country's currency woes.

2019-December-22

Three million tourists visited Turkey's 1500 thermal springs this year, adding $1 billion to the Turkish economy. Turkey's geothermal tourism is growing, as the country seeks to expand its health tourist sector. Overseas visitors are discovering how quick and easy it is to reach some of these incredible attractions.

2019-December-18

Getting a Turkish residency visa was once as easy as 1, 2, 3. But from 1 Jan 2020, it will no longer be possible for tourists to secure residency with a rental property contract. Property Turkey director Cameron Deggin believes this law change will precipitate a flood of interest in bargain property.

2019-December-15

Radisson Hotel Group announced plans to increase the 4,500 beds they currently offer to a massive 10,000 in Turkey. Radisson sees Turkey amongst its top ten markets across the world, and looking to expand into the provinces of Hatay, Gaziantep, Van, Osmaniye and Kars.

2019-December-14

TurkStat (Turkish Statistical Institute) has confirmed that foreign investors purchased a total of 4,272 houses in Turkey during October 2019, bringing the total Turkish real estate sales to 142,810 in the first ten months of this year.

2019-December-14

For the last seven years All Nippon Airways (ANA) have been the largest 5-star airline in Japan, and they have recently announced their intention to begin flying from Tokyo to Istanbul direct by the start of summer of next year.

2019-December-10

The number of Germans choosing to visit the top tourism resort of Antalya in Turkey continues to increase. Antalya played host to 2.3 million visitors last year and it is pleasing for Turkey and its economy to see these figures increase by 200,000 in the first ten months of the year in 2019.

2019-December-10

Industrial and Commercial Bank of China (ICBC), the largest bank in the world with regards to deposits, loans and assets and they have confirmed that they have now purchased the prestigious Istanbul project Tower 205, which is located in one of the priciest and high calibre locations of the city.

2019-December-06

The Culture and Tourism Ministry in Turkey has confirmed that international visitor numbers from January to October have hit a staggering 40.7 million this year so far, that equates to an increase of 14.5% year-on-year when compared with 2018.

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