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Date: January 27, 2012 | Written By admin
We have the latest from Gazipasa airport in Alanya, and while it unfortunately contains no news of direct UK flights, we can tell you that the airport is set to bring online a much wider array of flights in 2012. Our contact, Murat Sen, a spokesperson for airport operators TAV told us that “quite large [...]
Date: January 26, 2012 | Written By admin
The Turkish government has just finished drafting a new bill to further open up the property market to foreign buyers, as well as making purchases easier for foreigners. The most important thing in the bill is that it is set to end the reciprocity requirement on foreign purchases, thereby allowing nationals from any country in [...]
Date: January 13, 2012 | Written By admin
Last year saw Turkish exports grow at an incredible clip, leading analysts and commentators (including ourselves) to predict that it would eventually start to bring down the current account deficit, which is an important economic indicator and one of the few blemishes left to negatively color the Turkish economy. Well, it has now started to [...]
Date: January 11, 2012 | Written By admin
We all heard a lot about the Turkish economy in 2011 I know I wrote a lot about it and the reports are still coming in now. As always, it takes time to prepare final figures for the entire year, but if the reports we have seen so far are anything to go by then [...]
Date: January 7, 2012 | Written By admin
Istanbul is currently one of the hottest places for buy to let investment in the world. The population is huge and growing so rapidly in numbers and affluence, that developers simply can’t build fast enough to meet the demand for quality property to buy and rent. But it is also said that Istanbul is an [...]
Date: January 6, 2012 | Written By admin
Twenty Eleven was a great year for Turkey and a great year for Turkish property. The Turkish economy was among the fastest growing in the world (it was the fastest in 1H, but we have no data for 2H) according to official data. According to the Turkish association of real estate partners (GYODER) house prices [...]
Date: January 2, 2012 | Written By admin
With the Turkish property market still busy (and not too badly effected by the Euro crisis), investors are still interested in borrowing funds rather than just paying cash. The most popular loans tend to be either in Euros or Sterling, but as the local currency is still in Turkish Lira, independent Currency Exchange advice should [...]
Date: December 30, 2011 | Written By admin
It’s official, Turkey has crossed the long-anticipated threshold of 30 million visitors, a year later than expected. During the boom the government set the tourism target that Turkey would be receiving 30 million visitors per year by 2010. Then the credit crunch happened. Most tourism markets were completely derailed by the crisis as it engulfed [...]
Date: December 9, 2011 | Written By admin
It is no surprise that foreign direct investment is flooding into Turkey, because unlike many countries at the moment, there is no reason to be scared of investing. Turkey is in Europe, but not in the Eurozone and has been growing strongly throughout the European financial crisis. Even now as the crisis seems to be [...]
Date: December 2, 2011 | Written By admin
Last week saw Istanbul Ataturk’s already award-winning global destination coverage increased further, when China Southern announced new flights to the airport from Beijing via Urumqi in the northwest. The flights start running Tuesdays, Fridays and Saturdays, served by 191 seat 757-200s. However, there are plans to expand on this quickly if demand is sufficient on [...]
