Latest Turkey Real Estate News

Turkey is known as one of the best alternative destinations for “halal holidays” because it is considered as the legacy of the great Ottoman Empire that ruled for 600 years

At a time when relations between the USA and Turkey keep worsening with negative impact on Turkish economy, the famous American investor Jim Rogers has referred to the US decision to implement sanctions against Turkey as madness.

As the conflict between USA and Turkey continues and the Turkish lira fails to stop losing value Turkey has received a meaningful support from Qatar, its reliable ally in the Gulf region.

It is reported that LinkedIn plans to run operations in 30 countries from Istanbul. Currently, the company which is headquartered in Dublin has offices in 18 other countries.

Turkey’s official statistics establishments records the substantial increase in demand for Turkish property from Gulf countries, despite the sharp fall in lira.

Recent crisis experienced in value of Turkish Lira against dollar and other major currencies has only strengthened the demand from foreign buyers for property in Turkey.

Marc Faber, known for his forecasts regarding crisis in global financial markets, stated that Turkey had options on alternative co-operations and it was time to invest in Turkish assets.

“What is happening to the Turkish Lira? Why is it in steady decline against the dollar and could it recover sometime soon after all, or should we simply forget about investing in Turkey?”

The requirement of “military permission” for property sales to foreigners in Turkey removed for 16 most popular provinces.