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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. 

 
Record visitors head to Cappadocia in January

2023-March-03

Record visitors head to Cappadocia in January

Famous for the surreal landscapes and intricate rock formations in central Turkey, Cappadocia is a well-known destination for tourists and has attracted a record-breaking numbers of visitors already in 2023. In January, the region welcomed 174,222 tourists.

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Turkey looks to expand free program to 5 million students

2023-February-10

Turkey looks to expand free program to 5 million students

The minister of National Education has announced that from next semester more students will have access to free lunches, as the program is spread to more schools. Mahmut Ozer, Minister of National Education, explained in a written statement released recently that they were aiming for access to free school meals to be expanded by a total of 5 million students.

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Top migration hub of Turkey remains Istanbul once again

2023-February-10

Top migration hub of Turkey remains Istanbul once again

Istanbul is still a major attraction for migrants from other provinces across the country, according to internal migration statistics. However, it also sits at the top of the list for cities with the highest total of people to depart.

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Europe’s busiest airport in 2022: Istanbul Airport

2023-February-10

Europe’s busiest airport in 2022: Istanbul Airport

According to data released by the European Air Navigation Safety Organisation (Eurocontrol), the busiest airport in Europe for the last year was Istanbul Airport. Istanbul Airport had an average of 1,156 flights each day of the year 2022, the data explained.

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Integration of new metro welcomed in Istanbul

2023-February-10

Integration of new metro welcomed in Istanbul

With officials in attendance from the Istanbul Metropolitan Municipality (IBB), part of the new metro route comprising of 19 stations, which will act as a connection between the neighbourhoods of Mahmutbey and Kabatas in Istanbul, has been inaugurated and opened into the transportation system.

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Foreign arrivals to Turkey continue to increase

2023-February-03

Foreign arrivals to Turkey continue to increase

The Culture and Tourism Ministry have revealed that the arrivals of foreign nationals to Turkey has risen by 44.64% compared to a year previous, with a total of 2.55 million visitors in November 2022. This has been backed by a huge demand from European countries.

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Over 30,000 passengers arrive to Antalya by cruise

2023-February-03

Over 30,000 passengers arrive to Antalya by cruise

Antalya, the popular Mediterranean province in Turkey has played host to more than 30,000 passengers from cruises this season alone, the port operator explained recently. Docking at Antalya last year were some of the huge luxury cruise liners from across the globe.

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European tourism recovery driven by Turkey: Report

2023-January-04

European tourism recovery driven by Turkey: Report

The tourism sector of Turkey has shown the most significant recovery post-pandemic of all the European countries with an increase of 61% compared with 2019. This is according to the European Travel Commission’s (ETC) November report.

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New vibrant space in Istanbul for international talent startups

2023-January-04

New vibrant space in Istanbul for international talent startups

The Islamic Cooperation Youth Forum (ICYF), with full support from the Investment Office within the Presidency of Turkey, announced that it was officially launching its International Incubation Center. The headquarters for this new Center will be headquartered from the Turkish metropolitan area of Istanbul.

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Foreign arrivals in Turkey jumps 38%

2023-January-04

Foreign arrivals in Turkey jumps 38%

Official data has shown that the number of foreign visitors arriving to Turkey has increased from the year previous by 38.4% in October. This shows a sustained recovery. In October alone, around 4.8 million tourists arrived in the country, according to the Culture and Tourism Ministry. This is compared to the 3.47 million which arrived in October 2021.

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Visa-free travel proposed between Turkey and India

2023-January-01

Visa-free travel proposed between Turkey and India

Tourism has increased between India and Turkey, and there is still plenty of potential for growth across tourism and other sectors. This is according to a top Indian expert speaking on the travel and tourism sectors. Jyoti Mayal, said that the two countries, India and Turkey should develop a way of promoting tourism through visa-free travel.

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Influx in Istanbul tourism helps to wash away COVID

2023-January-01

Influx in Istanbul tourism helps to wash away COVID

Venues across Istanbul have continued to be swarming with holidaymakers from abroad, with the influx of visitors helping to wash away any traces from the COVID-19 pandemic effect. This has been driven by arrivals flooding in from Russia, with the number of foreigners flocking to the city of Istanbul in October alone, jumping 37% to 1.58 million year-on-year.

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Plans for Ankara to Istanbul train in 80 minutes

2023-January-01

Plans for Ankara to Istanbul train in 80 minutes

The new High-Speed Train (YHT) that is currently running between Istanbul and Ankara has a maximum speed of 250kph (155mph), but this will increase to 350kph with the new improved line – making it faster than air travel. The journey between the two major cities currently takes around 5 hours, but this will be reduced to just 80 minutes with the new line.

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In 9 months, Turkish start-ups take nearly $1.5B

2022-November-29

In 9 months, Turkish start-ups take nearly $1.5B

Between January and September of 2022, a number of Turkish start-ups have continued to secure investors’ backing that has enabled them to raise $1.49 billion. Within the first nine months, data from the industry has shown that the Turkish start-up ecosystem has managed to attain record numbers of VC.

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As European prices soar, tourists flood to Turkey

2022-November-29

As European prices soar, tourists flood to Turkey

Cem Polatoglu, spokesperson for the Travel Operators’ Association said that: “This winter we expect more tourists than in previous years. During the pandemic, people could not go on holiday for a long time. Now that travel restrictions have been lifted, many tourists will feel as though they have ‘broken free from chains.”

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160 million passengers at Istanbul Airport in four years

2022-November-29

160 million passengers at Istanbul Airport in four years

Istanbul Airport, Turkey’s biggest airport and one of the largest in the world, has now served more than 160 million passengers following its opening four years ago, according to the Transport and Infrastructure Minister, Adil Karaismailoglu.

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7 new ferry lines between Asia and Europe in Istanbul

2022-November-29

7 new ferry lines between Asia and Europe in Istanbul

More ferries have landed in the waters of the Marmara Sea and Bosphorus, as the city of Istanbul has expanded its transportation network on water. An additional seven brand-new ferry lines have started operating, carrying passengers between the European side of Istanbul and the Asian side; they will carry more than 15 million people.

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Istanbul’s arrivals increase thanks to Russians holidaying

2022-November-23

Istanbul’s arrivals increase thanks to Russians holidaying

Recent data released has shown that foreign visitors are continuing to flock to the biggest metropolis in Turkey, Istanbul. Russians have been the major drivers in the rebound of the tourism industry, which has helped to exceed figures previous to the pandemic of COVID-19.

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Tourism income up 27.1% between July and September

2022-November-23

Tourism income up 27.1% between July and September

In the third quarter of this year, the tourism income in Turkey grew by an impressive 27.1% when compared to the same quarter a year ago, according to the Turkish Statistical Institute (TurkStat). Compared to last year, when a total income of 14.1 billion USD from tourism was generated, this year’s July to September quarter produced 18 billion USD in income.

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Introduction of special travel passes for Istanbul

2022-November-02

Introduction of special travel passes for Istanbul

The transportation pass, Istanbulkart, in Turkey’s most populous city Istanbul has devised special plans and alternatives for travellers visiting from abroad. Tourists visiting the metropolis can buy an Istanbul City Card for any and all of their transportation options starting from October.

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