Turkish property & economy news
24 July 2020
Mortgage packages increase real estate sales in Turkey The Banking Regulation and Supervision Agency (BDDK) recently released data confirming that between May 29 and June 12, the volume of bank loans increased by 36 billion Turkish Lira for those buying real estate in Turkey.20 July 2020
Do I have to wear a face mask in Turkey? Face masks have become a symbol of the coronavirus pandemic. Love them or loathe them, it's now the law to wear one in Turkey. But what are the rules? Is there anywhere you can go without a face mask? And what happens if you flout the law and don't wear one?16 July 2020
Turkish property sales rapidly recovering Recent analysis of property sales in Turkey show that the recovery of the market looks promising. Official data shows that the sale of properties in May 2020 were down by 44.6% on May 2019. However, these figures did increase monthly by 19.1%, which shows the demand in the real estate sector is buoyant.16 July 2020
One million visitors to Pamukkale in 2020 Pamukkale in the southwestern area of Turkey is a natural landmark that attracts visitors all year round. Turkey is hoping to see one million tourists in the final 6 months of this year by lifting measure that were imposed due to the coronavirus pandemic.13 July 2020
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.10 July 2020
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.10 July 2020
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 15.08 July 2020
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.02 July 2020
Istanbul ranks 16th place for start ups - report Its population is young and driven, and increased investment has meant the entrepreneurial spirit is thriving in Istanbul. Now the city's reputation as a hub for start ups has been recognised in a report showing Istanbul takes the 16th spot on a list of the top 100 startup cities in the world.25 June 2020
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.21 June 2020
'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."16 June 2020
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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