The night of May 28, 2023 Turkey successfully elected it’s leader for the next five years via a run-off election. Recep Tayyip Erdogan narrowly defeated Kemal Kilicdaroglu by a count of 52%-48%. This was the ending to the most anticipated election of the 21st century within Turkey. Many of Turkey’s various parties came together behind Kemal Kilicdaroglu in opposition to Erdogan, who has been in power since 2003.
Turkey’s geographical attributes present very unique challenges for developers across the nation. The country is part of a select group of nations that are situated on top of continental fault lines. To date, Japan and the United States have spearheaded earthquake resistant building techniques to limit the impact of catastrophic seismic events. However, over the last decade Turkey has emerged as a world leader in development of earthquake proof technology and continues to push the sector forward into the future.
Today across Turkey, and around the world, Turkish citizens will be deciding who will serve as President of Turkey for the next five years. Presidential elections are also a significant aspect of the Turkish electoral system. In 2014, for the first time in Turkish history, the president was elected by direct popular vote.
Turkey has lofty ambitions and the Istanbul Finance Center is a landmark that represents both the success of infrastructure projects that have been deployed over the last ten years, as well as the foundation of vitality for decades to come. Find out more in this informative blog.
Herodotus, often called the Father of History, was a Greek historian who lived during the fifth century BCE. Born in Halicarnassus, a city in ancient Asia Minor, Herodotus was part of the classical world and is believed to have been well-travelled. His extensive travels allowed him to gather first-hand knowledge and stories from the ancient world, which he incorporated into his most famous work, "The Histories."
As Turkey gears up for its pivotal upcoming election, on May 14, 2023, real estate investors are paying close attention to the political landscape and its potential impact on the property market. This crucial vote, which promises to be a defining moment in the nation's history, features a diverse matchup of candidates, each with their own distinct policies that could sway the country's future economic trajectory.
The Bosphorus Strait, also called the Istanbul Strait, or Bosporus Strait, has captivated empires, artists, and travellers for centuries. Alongside the naval traffic, this narrow, winding waterway of north western Turkey meanders through the heart of Istanbul, dividing the city into two continents – Europe and Asia.
The Marmara Sea and region is undoubtedly the most important destination in Turkey. The region can boast of a strong tourism industry, thriving agriculture sectors, and being home to Turkey's most prominent cities, including the famous Istanbul. Then there is the Marmara Sea, one of the world's most important bodies of water, for its strategic location and the marina wildlife within it.
Today marks an historic starting point for the Istanbul Finance Center (IFC) in the Umraniye district on Istanbul’s Asian Side. Its grand opening is set to revolutionise Turkey's economy and the property market in Istanbul. It is gearing up to become one of the most prominent financial centers in the world.
We believe the best islands in Turkey are highly underrated and deserve more praise. Whilst some are remote and feature little or no signs of habitation, others boast of historical sites, mountain biking trails, ottoman wooden villas, hills covered with olive trees and stunning beaches.
Welcome to the fascinating world of Sardis, one of the ancient world’s greatest cities that has captivated visitors for centuries. This once-thriving metropolis in the Manisa province of modern-day Turkey played significant roles as the capital of the Lydian Empire in the 6th century BCE. Today, Sardis ancient city proves the ingenuity and achievements of bygone eras, with well-preserved ruins and monuments offering detailed glimpses into the past.
As I arrived at Pierre Loti, a hilltop cafe overlooking the Golden Horn, I couldn't help but feel a sense of palpable excitement. Today, I am doing due diligence on a new residential development project on the banks of the Golden Horn, or the Little Bosphorus as it is known for it’s similarities to its larger neighbour.
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