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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. 

 
Spanish Hotel Group to invest 112 million USD in Turkey

2019-June-25

Spanish Hotel Group to invest 112 million USD in Turkey

The Spanish Barcelo Hotel Group, one of the biggest hotel chains worldwide have recently announced their plans to invest more than 100 million Euros over the next five years in Turkey, in plans which will give them a 20-hotel stronghold in the Turkish tourism sector.

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3.1 million tourists head to Antalya in five months

2019-June-25

3.1 million tourists head to Antalya in five months

Antalya in Turkey welcomed visitors from 174 countries, which equates to 1.7 million tourists in the month of May according to new data. In the first five months of the year, the number of foreign tourists was up to 19% to 3.1 million in total.

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Erdogan, out: Istanbul's firm NO vote in mayoralty poll

2019-June-23

Erdogan, out: Istanbul's firm NO vote in mayoralty poll

When Istanbul went to the polls today to vote for a mayor they voted directly against the Turkish president. City dwellers stayed home to cast their votes, a rerun of the mayoralty vote held in March that was declared illegal by President Recep Tayyip Erdogan. The vote represents the coming of change for Istanbul and Turkey.

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Turkey looks to welcome 500,000 tourists from China in 2019

2019-June-17

Turkey looks to welcome 500,000 tourists from China in 2019

Last year Turkey welcomed almost 400,000 visitors from China. Flights from Turkish and Chinese cities have been steadily increasing thanks to the ongoing promotion between the two countries, and the real target for Turkey is to welcome over half a million Chinese tourists in 2019.

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New Istanbul Airport currently serving 66 different airlines

2019-June-17

New Istanbul Airport currently serving 66 different airlines

The new Istanbul Airport is not only the largest transportation project in Turkey, it is also in the running to be a global aviation hub, having begun fully serving passengers from all areas of the world starting from April.

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Ramadan beats all expectations to boost Turkish economy by $2bn

2019-June-13

Ramadan beats all expectations to boost Turkish economy by $2bn

The nine-day Ramadan holiday helped boost the Turkish economy, with domestic and international tourists spending an impressive US$2bn. Tour operators and businesses connected to the tourism industry were happy with the increased spend, which surpassed previous years, thanks to the extension of the holiday from three days to nine.

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Turkish Airlines offers transit passengers free Istanbul tour

2019-June-12

Turkish Airlines offers transit passengers free Istanbul tour

Turkish Airlines have announced that they have extended their free tours of the city, now offering tours in the evenings around the Bosporus for those staying between 6 and 24 hours in transit through Istanbul Airport. Abdullah Yormaz, Tour Marketing Manager of Turkish Airlines, made the announcement.

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Turkey records best-ever April property sales thanks to foreigners

2019-June-11

Turkey records best-ever April property sales thanks to foreigners

The property market in Turkey has experienced its best ever first quarter sales to foreigners, and the best April ever for housing sales in general according to new data. TurkStat (Turkish Statistical Institute) confirmed that foreigners purchased 3,720 houses in April.

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Turkey celebrates Eid, at the mosque and the beach

2019-June-05

Turkey celebrates Eid, at the mosque and the beach

Eid al-Fitr is one of the most significant calendar events in Turkey. During the two-day celebration mosques fill with worshippers, and feasts are held in every home. It's also a time of travel, and one of the most lucrative tourist periods of the year, generating more than US$500 million for the economy.

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Record Number of Tourists Travel to Turkey in January and February

2019-June-05

Record Number of Tourists Travel to Turkey in January and February

The Turkish Culture and Tourism Minister announced that during the first two months of 2019, Turkey was visited by more than 3.2 million foreign tourists. Official figures have confirmed that this is a 7.4% rise when compared to the same period last year.

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Indian weddings in Turkey expected to increase 300% in 2019

2019-June-05

Indian weddings in Turkey expected to increase 300% in 2019

Turkish Culture and Tourism Minister, Mehmet Nuri Esroy has announced that Indian wedding organisers are predicting a massive increase of 300% in the number of Indian celebrations being presided over in Turkey in 2019.

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Quarter 1 tourism figures in Antalya up by 25% in 2019

2019-May-30

Quarter 1 tourism figures in Antalya up by 25% in 2019

One of the leading tourist destinations in Turkey, Antalya continues to post increasing visitor numbers with a 25% growth of foreign tourists visiting the city in the first three months of 2019, compared to the same period the year before.

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Brits warned ahead of summer trips to Turkey

2019-May-30

Brits warned ahead of summer trips to Turkey

A surge in the number of Brits heading to Turkey has prompted a warning from the British government: expect queues. Ataturk Airport recently shifted operations to Istanbul's new airport, and travellers are warned to make sure their visas are in order ahead of travelling to the new hub.

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Rising new Landmark in Istanbul – Camlica Tower

2019-May-27

Rising new Landmark in Istanbul – Camlica Tower

As Camlica Tower, a new radio tower on the Asian side of Istanbul comes to the end of construction; visitors will be able to marvel at a stunning view across the city. The part of the tower that has been designated as a restaurant complete with observation point is said to reach 388 metres in height.

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Turkey’s economy will dodge recession, say analysts

2019-May-27

Turkey’s economy will dodge recession, say analysts

Spending and lending ahead of March's elections had a good result in Turkey, and analysts believe the country might have swerved the recession that many people feared. However, there's still plenty of work to do to address inflation levels and the low currency, as well as finding a way to address Turkey's foreign debt.

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Celebrations and Culture Festival Welcome Erdirne in the Spring

2019-May-24

Celebrations and Culture Festival Welcome Erdirne in the Spring

The history in Erdirne spans over 1,500 years, it is located in the area of East Thrace in the North West of Turkey, between the borders of Bulgaria and Greece. East Thrace served as the Ottoman capital for almost a century until Sultan Mehmed conquered Istanbul in 1453, with Istanbul then becoming the empire’s new capital.

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Don't go on holiday, stay and vote, city dwellers urged

2019-May-23

Don't go on holiday, stay and vote, city dwellers urged

People living in the cities are being urged on social media to stay home during the next mayoral elections on June 23 in order to vote. Campaigns by southern resort cities mention upcoming storms, an amusing way of telling people to not visit until after the votes are cast. The controversial mayoral rerun was announced after President Erdogan accused opposition of corrupt practices.

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Turkish Airlines to offer direct flights from Antalya to London

2019-May-17

Turkish Airlines to offer direct flights from Antalya to London

Celal Baykal, Turkish Airlines Genera Manager who is based in London said, “with a combination of stunning scenery, excellent weather and world class golf courses to offer, it’s easy to understand why Antalya is such a popular destination for thousands of British holidaymakers each year.”

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Turkey in talks with America to increase trade by 50 billion USD

2019-May-17

Turkey in talks with America to increase trade by 50 billion USD

Beret Albayrak the Turkish Finance and Treasury minister has been in discussions with his Washington counterparts to negotiate increasing the trade between Turkey and the U.S.A to 75 billion USD, which would be a massive 50 billion USD increase.

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The fascinating, cutting-edge tech at Istanbul Airport

2019-May-14

The fascinating, cutting-edge tech at Istanbul Airport

With billions of dollars invested into Istanbul's New Airport, it's little surprise the behemoth enterprise is leading the way in tech. The latest systems will keep the huge infrastructure running like clockwork, while touches like robots will make usability easy for the estimated 200 million passengers passing through the airport each year.

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