Economy

Foreign Property Sales up 15.8% in March

By in Economy with 0 Comments

Foreign Property Sales up 15.8% in March The number of Turkish properties sold to foreigners last month increased by 15.8% over the same month last year. According to the Turkish Statistical Institute (TurkStat), foreigners purchased a total of 1.827 properties in March – the top 5 regions were Istanbul, Antalya, Bursa, Yalova and Trabzon. The No.1 […]

Read More

The Second Home Market in Alanya – What for 2018?

By in Economy with 0 Comments

So – as 2017 comes to a close, what for Alanya’s second home market in 2018? We all know that the primary second home market has its fundamentals firmly ensconced within the tourism sector – indeed, if the tourists stop coming, then so do the second home buyers. After a pretty torrid 2016, the tourism […]

Read More

Turkey ranks 5th in Global House Price Increase Index

By in Economy with 0 Comments

Turkey ranks 5th in Global House Price Increase Index According to Knight Frank’s latest “Global House Price Index” survey, property prices in Turkey have increased by 13.3% over the last year. The survey, which tracks property prices in 55 countries, revealed that prices have risen in 48 countries, with 11 of these, including Turkey, posting […]

Read More

UK – EU Agree on ‘Divorce’ Settlement!

By in Economy with 0 Comments

UK – EU Agree on ‘Divorce’ Settlement! The UK has finally agreed a financial post-Brexit settlement with the EU, with an undertaking to pay a fixed share of EU budgetary contributions up until 2020. According to Reuters, a senior EU negotiator advised that a deal had been made in principle and that agreement should be reached on 2 […]

Read More

Turkey looking to Boost Ties with UK

By in Economy with 0 Comments

Turkey looking to Boost Ties with UK In increased efforts to improve bilateral ties, Prime Minister Binali Yıldırım today (Monday)  begins a 2 day official visit to the U.K. Speaking ahead of the visit, Yıldırım announced that ‘’we will discuss everything related to bilateral relations between Turkey and the UK.” Sources stated that the scheduled […]

Read More

Turkish Tourism – Visitor Numbers Outperform Forecasts

By in Economy with 0 Comments

Turkish Tourism – Visitor Numbers Outperform Forecasts Speaking during a visit to London, Turkish Tourism Minister Numan Kurtulmuş announced that by the end of the year, Turkey would have welcomed around 31.4 million overseas visitors for 2017 – these visitors will have generated revenues of $26 billion, some 30% higher than the $20 billion predicted […]

Read More