As Turkey positions itself on the global stage, two strategic plans, Vision 2053 and Vision 2071, stand out as blueprints for the nation's future. These visions are not mere aspirations; they are meticulously crafted roadmaps that outline Turkey's journey towards becoming a global powerhouse in various sectors.
In the bustling heart of Istanbul lies Beşiktaş, a district that's not just a geographical space but a prime hotspot for savvy real estate investors. Imagine walking along the European shore of the Bosphorus, where every step through this district reveals a blend of history and modernity, making it not just a desirable place to be, but also a smart investment choice.
The official language in Turkey is the question that we are most asked about. We understand the interest since your curiosity will peak if you plan to live in another country or buy property there and you don't speak the official language. The Turkish language, spoken by millions of people across the globe, is linguistically marvellous with cultural significance. Belonging to the Turkic languages, Turkish speakers often captivate audiences with their tone and pronunciation.
Foreign buyers wanting to know reasons to buy property in Istanbul are assured plenty. Istanbul, where Europe meets Asia, offers a rich history, stunning architecture, and rapidly growing real estate markets. For foreign buyers considering investing in international property, Istanbul has attractive propositions and plenty of properties for sale.
In the dynamic landscape of global real estate investment, Istanbul emerges as a beacon of potential, standing tall against the backdrop of the well-established Dubai market. While Dubai has long been the glittering jewel in the crown of Middle Eastern real estate, the tides are shifting, and Istanbul's market is beckoning investors with its robust growth and promising future.
As Istanbul looks to the future, it is expected to welcome a staggering 24 million visitors by 2028, a testament to the city's enduring appeal and the thriving market that it offers to hotel investors. The landscape is one of opportunity, diversity, and growth, promising rewarding ventures for those who navigate it with insight and strategy.
Istanbul, the ancient city that straddles two continents, has long been a melting pot of cultures and civilisations. But beyond its rich history and stunning architecture, Istanbul is emerging as a global powerhouse in various sectors, from technology and finance to tourism and culture. Recent economic forecasts by the IMF for Turkey further underscore Istanbul's rising prominence on the world stage.
Beyoğlu is a district that pulsates with life, embodying the essence of Istanbul's rich cultural, historical, and social tapestry. Known for its vibrant streets like Istiklal Avenue, the district is a hub for art, music, and gastronomy, offering a kaleidoscope of experiences that cater to a diverse population. Eyüp is a district steeped in history and spirituality, home to the Eyüp Sultan Mosque.
Galataport Istanbul, on the Karakoy coastline of Turkey's biggest city, is undoubtedly one of the world's most impressive cruise ports. History and modernity converge in Istanbul, a city that straddles two continents. Galataport's bustling waterfront development embodies that spirit and perfectly encapsulates Istanbul's dynamism.
European Istanbul, sitting next to the famous Bosphorus strait of Turkey, is the beating heart of this famous Turkish city. From historical tourist landmarks like the Hagia Sophia, Blue Mosque and Dolmabahce Palace to new and modern landmarks like Istanbul airport, the Istanbul European side commands respect from all who cross her path.
The Turkish automotive market is experiencing a record-breaking streak, particularly in the electric vehicle (EV) sector. According to the Automotive Distributors and Mobility Association (ODMD), a total of 96,793 passenger cars and light commercial vehicles were sold in September alone, marking a 55.9% year-over-year increase.
The Central Bank of Turkey has hit the ground running since Turkiye’s June election result. New Treasury and Finance Minister Mehmet Şimşek and Central Bank Governor Hafize Gaye Erkan have been hard at work at aggressively tackling the Turkish economy’s most pressing issues, which include continued fostering growth while curbing inflationary effects on the Lira and market at-large.
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