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Property Turkey News

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. 

 
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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Istanbul election re-run news greeted with shock

2019-May-09

Istanbul election re-run news greeted with shock

Whoever wins Istanbul, wins Turkey. It's a fact Turkey's President Recep Tayyip Erdogan has long known. After all, Turkey's leader was once mayor of the country's largest city himself. That's why the Turkish president has pushed for a re-run of the mayoral election which saw an opposition candidate win the mayoralty last month.

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Brits are shunning EU holidays in favour of Turkey

2019-May-01

Brits are shunning EU holidays in favour of Turkey

Brexit's struck again. With uncertainty prevailing in the UK, fed-up Brits are looking outside the eurozone for holidays. A Thomas Cook report shows that bookings to Turkey have gone up by 27 percent over last year as Brits lock in package summer holidays. Turkey expects more than 40 million visitors this year.

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Antalya submarine offers glimpse into undersea world

2019-April-28

Antalya submarine offers glimpse into undersea world

Turkey's first submarine attraction, which runs out of Antalya, has gone from strength to strength since its 2017 launch. This year, the tourist attraction expects 22,000 tourists, who explore shipwrecks and the marine life in the Mediterranean waters.

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Istanbul Airports welcome 15 million people in two months

2019-April-23

Istanbul Airports welcome 15 million people in two months

Compared with the same period in 2018, January and February of this year have seen an increase of 216,490 passengers on domestic and international flights travelling through Ataturk International Airport, Sabiha Gokcen and the new Third Istanbul Airport.

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Foreign buyers in Turkey hit all time high in February

2019-April-21

Foreign buyers in Turkey hit all time high in February

Turkish property sales to foreigners are continuing to soar with a massive increase of 92.1% year on year in February 2019 compared to February 2018, according to latest statistics. The most preferred location amongst buyers was Istanbul, and data revealed that people from Iraq purchased the most properties, totalling 628 sales in February alone.

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Tombs and Sarcophagi in Stratonikeia to open for visitors

2019-April-18

Tombs and Sarcophagi in Stratonikeia to open for visitors

It has been confirmed that tombs and sarcophagi have been dug up from one of the biggest cities of marble in the world and will be on display in Western Turkey in Stratonikeia, near to Bodrum in Mugla. On March 1, Turkey’s Culture and Tourism Ministry launched ongoing excavations in the city of Stratonikeia. 

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210 billion USD invested in Turkey from Europe in 15 years

2019-April-14

210 billion USD invested in Turkey from Europe in 15 years

During a presentation in Austria the President of the Investment Office, Arda Ermut confirmed that from the period of 2003 – 2018 companies with European capital invested almost 210 billion USD in the Turkish economy.

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Turks wait with bated breath for vote recount

2019-April-09

Turks wait with bated breath for vote recount

It's a situation we haven't seen in decades in Turkey: the long-ruling AK Party, led by President Erdogan, was dealt a blow in March's local body elections when oppositional mayors were elected in the country's big cities. Erdogan has demanded a recount. And the public's wondering, what's next?

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