Latest Turkey Real Estate News

Greece & Turkey have decided to cooperate more closely in tourism and officials from TURSAB (Official Association of Turkish Travel Agencies) have met with Greek officials in charge of the tourism sector recently.

The Turkish lira gained value against US dollar for seven consecutive months and achieved a first in its history with a total increase of 8.48 percent.

Amazon which has already started serving Turkish clients through its German website has decided to open an office in Istanbul.

According to the IMF's Purchasing Power Parity (SPP) report, Turkey’s “national income per capita” went above $ 25,000 thus making Turkey the 13th largest economy in the world.

Turkey has become an important attraction center for global brands that want to expand their business mainly through franchising.

The Turkish lira has a 'festive' climate against the dollar in foreign exchange markets. This has been mainly due to the solid support extended by the Central Bank of Turkey.

Foreign investors in Turkey will no longer be subject to a military search - a bureaucratic exercise, costing about £300, to ensure they are not a threat to national security - before the property is bought.

It is reported that the number of Iranian tourists visiting Istanbul has increased in recent years. Reports show the number of guests from this country could even surpass German tourists visiting Turkey.

Cruise tourism is certainly one of the most important and revenue generating branches in the world tourism sector. This year Bodrum has also benefited from it and already vast number ships has been decking on the ports of Bodrum.