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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. 

 
China tags Turkey as safe for tourism and travel

2023-September-08

China tags Turkey as safe for tourism and travel

It has been reported that Beijing has lifted the ban on outbound group tours to a number of destinations, which includes Turkey, the United States, and Japan. This could potentially lead to a significant increase in the number of Chinese tourists who will be travelling to various countries across the globe.

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Turkiye to continue free transport scheme for elderly

2023-September-06

Turkiye to continue free transport scheme for elderly

Mahinur Ozdemir Goktas, the Minister of Family and Social Services, has recently addressed concerns regarding the alleged implementation of transportation fees for individuals over the age of 65. Goktas has stated that there is no intention to impose any charges on public transport for senior citizens.

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21 million flock to see Turkey’s Hagia Sophia Grand Mosque

2023-September-06

21 million flock to see Turkey’s Hagia Sophia Grand Mosque

The Hagia Sophia Grand Mosque, a magnificent architectural wonder located in Istanbul, Turkey, has garnered immense popularity among tourists worldwide, with visitors from Arab countries, Central Asia, and the Far East flocking to see this iconic landmark.

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Prolonged tourism season for Antalya following strong bookings

2023-September-06

Prolonged tourism season for Antalya following strong bookings

The vibrant resort town of Antalya, nestled in the picturesque Mediterranean region of Turkey, has experienced a highly successful start to the month of August. Local hotels have been experiencing a significant surge in bookings, with occupancy rates skyrocketing to over 90% in the southern part of the city.

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Antalya enjoys a summer influx of tourists

2023-August-21

Antalya enjoys a summer influx of tourists

The Mediterranean gem of Antalya in Turkey saw a significant increase in the number of tourists arriving by air in the first half of this year. Over 5.52 million tourists visited the southern resort city from January to June, which is a 29% increase compared to the previous year, according to data from the Provincial Directorate of Culture and Tourism.

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Restoration of Istanbul's Haydarpasa train station almost complete

2023-August-21

Restoration of Istanbul's Haydarpasa train station almost complete

During a recent inspection of the ongoing work, Transportation and Infrastructure Minister Abdulkadir Uraloglu announced that the meticulous restoration work at Haydarpasa train station, aimed at preserving its historical charm, is set to be completed by 2024. 

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Turkish yacht industry experiencing fresh phase of growth

2023-August-18

Turkish yacht industry experiencing fresh phase of growth

Turkey is currently experiencing a fresh phase of economic growth, bolstered by its strong manufacturing sector and impressive production capabilities. This progress is notably reflected in the realm of tourism and the yachting industry.

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Trade Minister Bolat: ‘UAE could invest up to $30 billion in Turkiye’

2023-August-16

Trade Minister Bolat: ‘UAE could invest up to $30 billion in Turkiye’

Turkish Trade Minister Omer Bolat made a significant announcement indicating that the United Arab Emirates (UAE) could invest as much as $30 billion in various sectors in Turkey. These sectors include infrastructure, logistics, food, and hospital management. The cooperation between Turkey and the Gulf is part of Ankara's growing efforts to attract foreign funding.

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299,000 passengers arrive to Turkey on cruises between January – May

2023-August-16

299,000 passengers arrive to Turkey on cruises between January – May

Turkey’s transport minister explained recently that between January and May, the country welcomed a total of just over 299,000 passengers on cruises, which was a surge of 114% compared to a year ago. He also stated that cruise tourism investments will continue and that the future looks promising, dubbing it the Century of Türkiye.

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3.8 million flock to Turkey’s National Palaces in 6 months

2023-August-15

3.8 million flock to Turkey’s National Palaces in 6 months

From January to June of 2023, the National Palaces administration under the Presidency of the Republic of Türkiye observed a notable increase of 18% in the total number of visitors to its historic palaces, mansions, and pavilions. The increase was observed among both domestic and foreign visitors.

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New third tunnel under Bosphorus set to open in 2028

2023-July-14

New third tunnel under Bosphorus set to open in 2028

Adil Karaismailoglu, the Transport and Infrastructure Minister, explained recently that the third tunnel, officially nicknamed the “Great Istanbul Tunnel”, will be in service from 2028, connecting the European and Asian sides of Istanbul. The tunnel will be capable of serving 1.3 million passengers on a daily basis.

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Antalya sees record 2.1 million tourists arrive

2023-July-14

Antalya sees record 2.1 million tourists arrive

Data has shown that Antalya is going through what is currently being called the best start to the year ever, with the southern resort city welcoming a record number of tourists from abroad arriving the country by plane. Between January 1 and May 7, more than 2.1 million tourists landed.

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Istanbul University Medical Faculty new campus to open in 2024

2023-July-14

Istanbul University Medical Faculty new campus to open in 2024

The initial phase of construction for the new campus of the Istanbul University Medical Faculty is predicted to be completed by 2024, according to the faculty dean who gave an interview recently. This new campus is planned to be one of the most significant bases for healthcare in Turkey once completed.

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Istanbul’s Ataturk Airport City Park opens to visitors

2023-July-13

Istanbul’s Ataturk Airport City Park opens to visitors

Istanbul’s Ataturk Airport City Park opened its doors recently for visitors to walk around and enjoy the newly planted 145,300 trees along the 13,000 metres, or 42,650 feet, of pavement. This new park is the fifth largest in the world and the biggest park in the entire country of Turkey.

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Cappadocia expecting 2023 to be best year for tourism

2023-July-13

Cappadocia expecting 2023 to be best year for tourism

The picturesque Turkish region of Cappadocia has hosted a record-breaking number of tourists in the first half of 2023, with the region expecting 2023 to be its record high year. Named a UNESCO world heritage site, Cappadocia is located in the central province of Nevsehir.

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Tourists arriving to Turkiye jumps by nearly 30%

2023-July-13

Tourists arriving to Turkiye jumps by nearly 30%

The number of foreigners arriving to Turkey from January through April has leapt up by almost a third compared to only a year ago. This is according to the official data, which was released, highlighting the continued momentum that has been built up in the industry.

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Inauguration of new metro line in Istanbul

2023-June-01

Inauguration of new metro line in Istanbul

The Basaksehir-Kayasehir metro line was inaugurated by President Recep Tayyip Erdogan; this brings the total rail network of Istanbul to 325.5 kilometres, equating to over 200 miles. The president, Erdogan, spoke at the opening of the metro station named “Kayasehir”, which was completed by the Transportation and Infrastructure Ministry.

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High hopes in Pamukkale for tourist arrivals

2023-June-01

High hopes in Pamukkale for tourist arrivals

During the first three months of the year, the UNESCO World Heritage site Pamukkale, also know as the “white paradise”, situated in western Turkey’s Denizili province, managed to attract more visitors than any previous years. In particular, the thermal facilities at Pamukkale saw an incredible surge in the number of visitors during the recent half-term holidays.

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Number of foreign arrivals jump as tourists flood to Turkey

2023-June-01

Number of foreign arrivals jump as tourists flood to Turkey

Official data has shown that the number of foreign arrivals landing in Turkey has jumped up by 21.35% in February as tourists continue to fly to the country. Turkey has been subject to a complete rebound following the pandemic as the number of foreign travellers nears the record and all-time highs in revenue which were seen in 2022; this has prompted the government to raise its tourism estimates for the year of 2023.

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Top 10 busiest airports – Istanbul Airport ranks among them

2023-June-01

Top 10 busiest airports – Istanbul Airport ranks among them

According to the Airports Council International (ACI) World’s recently published report, Istanbul Airport was ranked as one of the busiest airports in the world last year in 2022. The U.S.-based Atlanta Airport took the top spot in the ranking of the top 10 busiest airports in the world, while Dallas Fort Worth and Denver Airports from the U.S. ranked in second and third respectively.

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