Latest Turkey Real Estate News

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.

It is reported that Mugla has become a favourite holiday spot for tourists especially from England in the last 10 years and many Brits buy homes in Fethiye and Bodrum especially.

This year the 18th International Büyükçekmece Culture and Arts Festival is taking place between July 28 and August 5 in the neighborhood and feature art and more from 64 countries.

It is reported that Turkey's exports rose more than 31 percent a year to reach about 11.5 billion dollars in July. Another excellent news for the Turkish economy.

In week commencing July 21, foreign investors bought more than 2.1 billion dollars in total to include 251 million dollars in stocks and 1.880 million dollars in bond.

Turkey has got back his place on the tourist map again. It is reported by prominent tour operators in UK that a rise in demand for holidays in Turkey has been observed.