Turkey rarely left the headlines this year. President Erdogan and the state of the lira dominated the news. However, one constant remained steadfast: Turkish property continued to shine, and interest in investing in Turkish property grew. We look to 2019, providing the kind of inside knowledge that our investors count on to make the best investment choices.
Turkish economy blog postsRead all about Turkish economy from GDP growth rates to why central bank keeps interest rates high to import and export partners and real estate growth
Bitcoin is taking over the world. Since its 2009 inception, the cryptocurrency has grown in value and popularity so that now it can be used to purchase anything from food to flights. Always eager to embrace new technologies, Property Turkey now offers a selection of properties available for purchase with Bitcoin. Director Cameron Deggin explains why the company is embracing Bitcoin.
Turkey’s third-quarter growth has surpassed all predictions. The economy expanded by 11.1 percent between July and September, putting the country ahead of giants China and India and putting growth on track to top 6.5 percent. Thanks in part to structural reforms and investor incentives, the economic growth bodes well for continued economic success in 2018.
Erdogan’s announcement that Turkey no longer needs EU membership has made headlines. Cooling Turkey-EU relations have cooled this year but as a longstanding trading partner and geopolitical ally, Europe needs Turkey more than ever before. We explore Turkey’s EU accession background and the case for keeping good relations.
The falling Turkish lira has investors speculating: what will happen to Turkish property prices in 2017? Will they also fall? And if so, will they come back? Should we buy property in Turkey now when Turkish Lira is at an all time low? We explain the real estate outlook for property in Istanbul and Turkey this year, and show you some of the deals investors are taking advantage of with a unique loophole.
The lira has fallen dramatically since last year, and this week reached record lows against major currencies including the dollar, the euro and the pound. We explore why the current situation has come to pass, and the factors behind it. We also explain the measures the government is taking to prevent further losses, and why Turkey's fundamentals are strong enough to weather the current storm.
During a rocky year in terms of tourism, the number of property sales rose in Turkey in 2016, indicating that despite ructions Turkey is still seen as a safe haven for property investment. In 2017 we predict demand will once again rise, fuelled by domestic demand and Middle Eastern buyers. Discover what else is in store for Turkish property in 2017.
Low costs and a young population clamouring for goods and services mean Turkey makes a fantastic place to start your own company. Entrepreneurs are discovering the country that bridges east and west is a fertile ground for new ideas and innovation. Discover why Turkey is the ideal start up destination, and get a few tips to help you get started.
Should you rush in to buy Turkish property now that the currency dropped off a cliff and lost 22% against GBP, 18% against USD and 17% against Euro in the last 90 days. Will builders and developers in Turkey reduce their prices in line with foreign currency becoming stronger or have their construction costs increased as well? Find out how and when to capitalise on what's happening in Turkey. If indeed you have a window of opportunity to invest in your overseas home at a bargain price, then you wouldn't want to miss out on this one, would you?
Turkey property market becomes the new safe haven for the GCC and Middle Eastern investors buying abroad after London, Paris and New York. Persistent economic growth coupled with increasing real estate values makes Istanbul a natural investment destination. Seaside town of Bodrum on the Aegean coast of Turkey seems to be well positioned to take advantage with willing overseas real estate buyers eyeing up lifestyle and investment prospects.
With the strong development of the Turkish economy over the last few years, what does the future of the Turkish economy hold? Property Turkey blogs about the overview of the economy, the driving factors in shaping it, and what the future holds for Turkey and the seemingly flourishing economy.
With Turkey's ever growing economy and financial stability, many foreign investors are looking at placing their money and faith in Turkish banks. In this blog we take a look at how to go about investing in Turkish banks and provide tips and a step by step guide to doing so. The interest to be earned on money in Turkish banks can be higher than those in banks throughout Europe.