home Turkish property & economy news

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. 

 
Charging licence granted to Tesla by Turkey

2023-April-09

Charging licence granted to Tesla by Turkey

Last month the energy watchdog for Turkey extended the licence for Tesla, a US-based electric car manufacturer, to continue to operate a network of charging stations across the country. Tesla is now among 119 companies that operate charging stations across the country, offering support and charging for electric vehicle (EV) drivers.

Read More
Turnover of $2.7 billion for Pegasus Airlines in 2022

2023-April-09

Turnover of $2.7 billion for Pegasus Airlines in 2022

A statement was released in March from the low-cost carrier Pegasus Airlines, one of Turkey’s airlines, detailing its financial results regarding 2022 and the plans for growth for the coming year. Reported to the Public Disclosure Platform (KAP), the airline showed that it had seen an increase of 33.7% in the total number of people flying with them.

Read More
German tourists establish Turkey as top destination

2023-April-09

German tourists establish Turkey as top destination

Turkey has once more been seen as the top holiday destination for a number of countries, including Germany, even though the tourism industry worldwide is still recovering following the COVID-19 pandemic disruptions to worldwide travel.

Read More
Turkey to designate 15 more 'nature conservation areas'

2023-March-04

Turkey to designate 15 more 'nature conservation areas'

Nature Conservation and National Parks Directorate General Manager Kadir Cokcetin has recently said that in 2023 there is set to be another fifteen areas added to the list of protected areas as a part of Turkey’s new vision.

Read More
January tourism records broken in Turkey’s Antalya

2023-March-04

January tourism records broken in Turkey’s Antalya

The Mediterranean gem of Antalya in Turkey, which played host to around 141,000 people in January 2019 pre-COVD, was on the holiday route of 219,647 tourists from overseas during the same period of January in 2023.

Read More
1 million cruise passengers hosted in Turkey in 2022

2023-March-03

1 million cruise passengers hosted in Turkey in 2022

A senior official said that the number of passengers arriving on cruises in Turkey had exceeded the one million mark in 2022. This marked the complete rebound of the crucial industry after the consequence that came as a result of the pandemic.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More

{{setDate(news.stat_created)}}

{{news.content_title}}

Read More
Loading...