Turkish property & economy news
21 August 2020
Adios, Spain: record number of superyachts in Turkey Holidays look a little different this year. And that applies to the holidays of the uber-rich, too. Data from Bloomberg shows that superyachts are leaving Spain in favour of Turkish shores, as Turkey's reputation as a safe haven during the coronavirus pandemic grows. Turkey is also growing in reputation as a builder of yachts.20 August 2020
Black Sea gas discovery a game changer for Turkey Turkey's reliance on neighbours for its energy has long been a concern in Ankara. That's why this week's announcement, tipped to be the discovery of a huge store of natural gas, could herald a new era for Turkey, according to its president, Recep Tayyip Erdogan. The Black Sea find could cement and strengthen Turkey's position in the region.19 August 2020
British Tourists Say Turkey ‘Safer Destination’ For Holidays After the resumption of flights to and from Turkey, British tourists have begun to enjoy summer holidays on the Mediterranean and Aegean coasts, citing the safety precautions taken to ensure their safety during the COVID-19 outbreak as the reason for this.19 August 2020
Returning Russian travellers boost Turkish tourism season Representatives of tourism in Turkey are hoping the resumption of flights from Russia to Turkey will help to kick-start the summer season in resort towns with tourists now beginning to fly into the country. As of August 1, flights between Russia and Turkey resumed after the break due to the COVID-19.18 August 2020
Could a low lira make Turkey the summer's best destination? It's hard to remember a time when we needed a holiday more than we do right now. Fortunately, it's not too late. Summer is at its height, and prices are at their lowest - at least, in Turkey, where a low lira has conspired with low demand to create a situation where bargains abound. Time to book a holiday to Turkey, and enjoy a summer break without the crowds.11 August 2020
Istanbul Airport now has COVID-19 testing facility Istanbul Airport’s operator IGA said that a facility had been established at the airport in order for coronavirus testing be done on passengers as they arrive or leave Turkey. The samples are done with swabs and are taken from the throat and nose with results available within two hours.11 August 2020
Turkish reopened resorts at pre-pandemic occupancy levels Hotels that reopened when the normalisation process commenced, following the COVID-19 pandemic that saw a break in the Mediterranean and Aegean, are seeing their occupancy rates reach pre-pandemic levels according to a statement made by the chairman of the Turkish Travel Agencies Association.11 August 2020
210% increase in house sales in Turkey in June Since last December, June recorded the highest monthly sales with more than 202,000 houses sold; the sector profiting from the interest rate cuts and increased mortgages. A total of 190,012 units were sold in June alone, with sales of houses with mortgages accounting for 53.4% of that.05 August 2020
Germans return to Turkey as travel advisory lifts Last year, five million Germans visited Turkey. The European country is integral to Turkish tourism, which is why Turkish tourism officials are celebrating this week with the news that Germany has lifted its travel advisory for its residents, allowing travel to certain Turkish destinations like Antalya and Fethiye.27 July 2020
Tourists' anger after UK orders Spain quarantine Tourists planning trips to Spain have spoken out after the British government announced a compulsory two-week self isolation period upon return to the UK. Travellers are complaining about missed holidays - and loss of money. Could the same thing happen in Turkey? How safe is your Turkish holiday?24 July 2020
Antalya a top destination for Blue Flag beaches Antalya is home to the highest number of blue flag beaches in Europe, followed by Valencia in Spain and Occitane in France. Antalya is seen as one of the top destinations by tourists worldwide due to the 206 eco-friendly beaches that it has to offer.24 July 2020
Despite COVID-19 E-Commerce in Turkey is up by 48% Trade Minister Ruhsar Pekcan recently announced that in the first five months of this year, the total volume of e-commerce sales has increased in Turkey by a hugely impressive 48%, this despite the current coronavirus pandemic sweeping the world.
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