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 Turkey - News

We’ve trawled the Internet for every story connected with property in Turkey so you don’t have to.  By checking the news reports regularly and thinking through the consequences of each piece of news, you should be able to get a good idea as to how quickly or slowly property prices in the market are going to rise in the near future.

The information in this section only tells half the story, however, as only a small proportion of Turkish property news is translated in English, which means that the locals are getting a lot more useful information than foreigners are.

Investing in the wrong markets could make the difference between making tens of thousands and losing tens of thousands over the next few years.  If you’re seriously considering investing in Turkey, then you should think of subscribing to our Premium Service so that you can get breaking news from the market at the same time the Turks are hearing it.
 

Click here now to get better informed.

 Banks to Rate Property Prices Date posted: 20.06.2007 
The Credit Record Bureau has started preparations to launch the residential value index, which will specify prices per square meter in different districts.
 
 Bogus Property Sales Date posted: 17.06.2007 
Ulster businessman accused of running a GBP4 million property scam selling luxury villas in Turkey.
 
 Health Tourism Boom Date posted: 16.06.2007 
The Turkish culture and tourism ministry undersecretary, has said that hundreds of thousands of tourists are flocking to Turkey for health reasons.
 
 City Prices Drop Date posted: 16.06.2007 
Real estate prices in four key cities declined by 1.3-6.0% in May on fears of high interest rates, property prices and election uncertainty.
 
 Developers Target Affordable Housing Date posted: 14.06.2007 
Turkey’s biggest city, İstanbul, is experiencing an important transformation in the real estate market, with companies that formerly constructed luxury housing now building residences for relatively poor and middle-class families.
 
 Top Tourist Destination Date posted: 12.06.2007 
German publication Tourist Report placed Turkey second in a list of 12 Mediterranean and Black Sea locations ahead of Spain.
 
 New International Airports Date posted: 11.06.2007 
Two regional airports in Turkey, Diyarbakir and Sivas have been opened to international flights first time.
 
 Foreigners Come to Stay Date posted: 10.06.2007 
Increasing numbers of tourists who come to Turkey on holiday are buying property and settling down in the country.
 
 Bull Market in Turkey Date posted: 07.06.2007 
Low prices and fast growth make Istanbul an excellent investment opportunity.
 
 Prime for Investments Date posted: 07.06.2007 
Turkey has been described as a "prime" destination for property investment in a leading foreign property publication.
 
 308,000 Houses Vacant in Istanbul Date posted: 07.06.2007 
A new study shows that hundreds of thousands of houses lie vacant in İstanbul while there is a growing demand for rentals.
 
 New Mortgage Laws Date posted: 05.06.2007 
The new Mortgage Law in Turkey is likely to increase domestic and foreign investment and lead to continued growth in property prices.
 
 Dubai Developer Enters Date posted: 30.05.2007 
Leading Dubai developers, Emaar, launch their first project in Buyukcekmece with the development of 555 luxury villas.
 
 Most Estate Agents Illegal Date posted: 30.05.2007 
Anatalya Real Estate Brokers Association claims that 90% of companies selling real estate are unlicensed and are therefore acting illegaly.
 
 Flights Boost Altinkum Area Date posted: 29.05.2007 
Numbers of tourists and property buyers are up in 2007 in the Altinkum area as a result of more flights into Bodrum.
 
 Golf for Altinkum Area Date posted: 29.05.2007 
The Turkish Ministry for Culture and Tourism has announced that they will release land to build two golf courses in the Altinkum area.
 
 Turkish Developers Praised Date posted: 25.05.2007 
The leading association of international property developers has praised the professionalism of property developers in Turkey.
 
 Mortgages for Foreigners Date posted: 23.05.2007 
High demand from foreigners is causing several Turkish banks to start preparing special mortgage products aimed at foreigners.
 
 Economy Waits for Elections Date posted: 22.05.2007 
There's currently a 'wait and see' attitude in the Turkish real estate market while the country waits to vote on July 22.
 
 Istanbul Rents Up 29% Date posted: 22.05.2007 
Rents on property increased by an average of 24% throughout Turkey in 2006, with Istanbul rents increasing above the national average, at 29%
 
 State Earnings from Land Sales Up Date posted: 18.05.2007 
The Turkish government is taking in enormous profits from higher-than-expected returns from state-owned land sales.
 
 Property Boom Continues Date posted: 11.05.2007 
The real estate sector in Turkey will continue to experience a boom into the near future, an industry expert has predicted.
 
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