Turkish property & economy news
27 May 2019
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.27 May 2019
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.24 May 2019
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.23 May 2019
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.17 May 2019
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.”17 May 2019
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.14 May 2019
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.09 May 2019
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.01 May 2019
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.28 April 2019
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.23 April 2019
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.21 April 2019
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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