Turkish Tourism Wins Highly Acclaimed Award
Posted:2010-09-03 14:01:36 - By Liam Bailey
Readers of the prestigious Conde Nast magazine have voted Turkey their favourite destination. The readers, which scored destinations on 10 criteria, scored Turkey highest for range of accommodation and
Read More…Turkey Standing out as Brightest Emerging Market in Europe
Posted:2010-08-27 15:49:58 - By Michael Sutton
I just read a great article on the blog of Turkish property agent Spot Blue, with an excellent explanation of why Turkey is gaining recognition as one of Europe's top emerging markets. The post was refreshing
Read More…Turkish C.Bank Keeps Interest Rate at Current Low
Posted:2010-08-20 14:46:58 - By Liam Bailey
The Turkish Central Bank has decided to leave rates at the current low of 6.50 percent for overnight borrowing, and 9% for lending. The bank's Monetary Policy Board issued a statement saying that gradual
Read More…Bad Year Leads to High Availability of Cheap Holiday Deals
Posted:2010-08-11 16:24:16 - By Liam Bailey
The British travel industry has highlighted a rash of cheap late deals on offer this year, because of the massive number of events that all affected demand for holidays. The volcanic ash cloud, the
Read More…Turkish Air Travel Growth Continues Apace
Posted:2010-08-05 16:04:20 - By Liam Bailey
Data has revealed a 24% increase in passenger numbers in Turkish airports between January and June this year. A big increase on the 7.3% growth recorded for 2009 compared to 2008, which was good in its
Read More…Turkish Property has Potential to be as Popular as Europe's Greats
Posted:2010-07-30 11:53:07 - By Liam Bailey
We recently published an article on Write About Property, on how Turkey and Egypt are currently two of the hottest emerging markets in the world. Well, I have recently had course to look at all of the
Read More…Emerging Property Markets 2010 Part I: Egypt and Turkey
Posted:2010-07-24 21:23:55 - By Liam Bailey
In 2006, 2007 and 2008 emerging markets were extremely popular with property investors from around the world. After so many people lost out on their investments you can hardly blame people for giving emerging
Read More…Turkish EU Visa-Free Deal Nearing Completion
Posted:2010-07-21 16:12:23 - By Liam Bailey
A long-awaited visa facilitation deal that would ease procedures for Turkish citizens to obtain a Schengen visa from European Union countries is almost complete, diplomatic sources have said. "We
Read More…Alanya Property Market Could be Boosted by New Gazipasa Flights
Posted:2010-07-16 14:47:46 - By Liam Bailey
Turkish property agent Spot Blue has pointed out the potential benefit to the Alanya property market of the first set of flights in and out of the Gazipasa airport, widely referred to as the Alanya airport. The
Read More…Alanya Airport Welcomes Borajet, Potentially Boosting Property Market
Posted:2010-07-16 14:03:01 - By Spot Blue
The first official domestic flights into and out of the Alanya Gazipasa airport is big news for the Alanya property market, according to Turkish property specialists Spot Blue: Director of the firm
Read More…Overseas Property Agents Must Up Their Game to Survive
Posted:2010-07-09 13:58:53 - By Liam Bailey
The credit crunch will forever be remembered for its negative effects, especially for its lasting effects. People will forget the positive effects, not least because they are less known about and less
Read More…Investment in Turkish Debts a Good Bet in Today's Europe
Posted:2010-07-01 21:08:03 - By Liam Bailey
According to rating agencies Turkey has a 1 in 3 chance of being upgraded to investment grade status in the short-term. However, all the major agencies have said the successful implementation of new legislation
Read More…Overseas Property Appetite Up but Still a Bumpy Ride Ahead
Posted:2010-06-28 19:50:24 - By Liam Bailey
Well, it can no longer be denied, appetite for overseas property is rising massively in recent months. A glancing look at the latest news stories in Overseas Property Professional reveal a wave of positivity;
Read More…Turkish EU Accession Process Could be Accelerated
Posted:2010-06-18 10:35:17 - By Liam Bailey
We have all seen Turkey's increasing relationship with its Eastern neighbours in the Arab and Muslim world lately, with increasing bilateral agreements, including visa-free travel with many including,
Read More…Foreign Demand for Turkish Mortgages Doubled in May -- Conti
Posted:2010-06-11 18:28:16 - By Liam Bailey
Overseas mortgage provider Conti has revealed that the number of quotes issued for mortgages on Turkish property doubled in May on a month-by-month basis. At a time when the Rightmove Overseas chart
Read More…Turkey Property in Bodrum to be Boosted by New UK Flights
Posted:2010-06-03 20:01:56 - By Liam Bailey
The Bodrum property market will be boosted by new low-cost flights from Manchester, according to UK based Turkey property agent Spot Blue. When asked for his response to the announcement of the once-weekly
Read More…National Press Loving Turkish Property, Testament to Potential
Posted:2010-05-28 17:12:15 - By Liam Bailey
The UK national press started covering overseas property again from about the middle of last year. Since then -- it may just be that I am biased because I like the market -- I have noticed that Turkey
Read More…Turkish Property Market Stable, Ready for Growth
Posted:2010-05-14 13:33:54 - By Liam Baileyy
The REIDIN March index of residential property prices in Turkey for points to a market that is now very stable and ready to return to growth. The data provided by the index is as follows: Adana +0.26%,
Read More…Increasing Affluence Good News for Turkish Property Market
Posted:2010-05-06 15:38:46 - By Liam Bailey
In a testament to the growing wealth and affluence in Turkey, the country's leading mobile phone network Turkcell has posted first quarter profits of 271 million, not Turkish lira, but 271 million US dollars
Read More…Fule Attempts to Allay Fears over Turkish EU Accession
Posted:2010-05-01 10:58:47 - By Liam Bailey
In an interview with the German Press Authority (DPA), the current European Union enlargement commissioner Stefan Fule has responded to fears that bias against Turkey is a major obstacle to its accession,
Read More…Turkish Economic Strength Increasing Appeal of Property
Posted:2010-04-22 15:45:54 - By Michael Sutton
The International Monetary Fund has upgraded its forecast for Turkish economic growth this year to 5.2% from the 3.7% it forecast in its World Economic Outlook last October. This puts the conservative
Read More…Turkish EU Bid Receives Significant Support
Posted:2010-04-17 11:31:40 - By Liam Bailey
This week saw Turkey's European Union bid receive significant support from global leaders and diplomats. Firstly, the former UN Secretary General Kofi Anna has said that Turkey should be a full member
Read More…Alanya, Turkey Gets New, Old Airport as Gazipaza Finally Opens
Posted:2010-04-08 16:01:43 - By Liam Bailey
Airport operator TAV, which took over the controversial Gazipaza airport last year have confirmed to Overseas Property Professional, that the first foreign flight, a Hamburg International from Germany,
Read More…Turkish Economy Out of Recession with 6% Growth
Posted:2010-04-02 15:33:12 - By Michael Sutton
Turkish GDP grew 6% year on year in the final quarter of 2009, this was Turkey's first quarter of positive growth in 5 quarters, and brought it out of recession with a bang. The growth could have been
Read More…Turkey Stands Firm on Full Membership to EU
Posted:2010-03-24 15:45:50 - By Alan de Sargent
German Chancellor Angela Merkel is once again pushing the "privileged partnership" between Turkey and the European Union, in lieu of full membership, but Turkey is standing firm. Merkel says
Read More…Turkish GDP Growth to Exceed 3.5% Forecast This Year
Posted:2010-03-20 18:06:15 - By Michael Sutton
Turkey's State Minister and Deputy Prime Minister Ali Babacan said Turkey would revise official growth projections within a few months, and said Turkey was heading towards a better growth rate. "Even
Read More…Gocek Property Highligted for Investment Potential
Posted:2010-03-12 16:17:50 - By Michael Sutton
I have just read a post that really enlightened me to the investment potential of a place I hadn't really looked at before, not on its own anyway. The post, by UK based Turkish property agent Spot Blue
Read More…Villas in Icmeler Named as Among Most Popular Turkish Properties
Posted:2010-03-06 10:19:03 - By Liam Bailey
According To a new post on the Turkey blog of UK based Turkish realtor Spot Blue, villas in Icmeler are becoming some of the most popular properties in Turkey. The firm has put this down to the type of
Read More…Turkish Tourism in 7.7% Year-on-Year Increase in January
Posted:2010-02-25 16:18:01 - By Michael Sutton
Turkish tourism has gotten off to a strong start in 2010, with a 7.7% year-on-year increase recorded in January. According to data released today by the country's Culture and Tourism Ministry, 809,974
Read More…EU Membership Looking Less Attractive for Turkey
Posted:2010-02-19 13:22:39 - By Liam Bailey
For anyone that doesn't know -- in other words anyone who has been buried under a stone for the last 2 weeks -- the European Union is currently suffering an explosion of bad publicity because of the mammoth
Read More…Turkey Property Benefits from Increased Exposure Offered by Downturn
Posted:2010-02-11 14:57:55 - By Liam Bailey
Since the dust began to settle in the international financial crisis it has become clear that several property markets around the world are looking incredibly well placed to actually see a small-large
Read More…Turkish Airlines Passenger Growth in 2009 to Boost Turkish Air-Travel in 2010
Posted:2010-02-04 15:57:41 - By Liam Bailey
The Association of European Airlines has just revealed that passenger numbers on Turkish Airlines flights grew 12.3% according to the blog of UK based Turkish realtor Spot Blue. According to a high up
Read More…New EasyJet Flights to Boost Antalya Property Market
Posted:2010-02-01 09:12:42 - By Spot Blue
Easyjet's new route from Gatwick to Antalya is a huge testament to the growth potential of Turkish tourism, and will boost occupancy of holiday rental properties in the area substantially, UK based Turkish
Read More…Turkish EU Accession Wheel Keeps on Turning
Posted:2010-01-28 16:32:40 - By Alan de Sargent
This week more news has emerged, that will add to the feeling that Turkey could indeed eventually become a full member of the EU, boosting the economies of both Turkey and the Bloc immensely. Firstly,
Read More…Half of Turkey Would Vote Yes to Joining EU
Posted:2010-01-21 20:51:12 - By Liam Bailey
A new survey by the Angus Reid Monitor has found that some 49.7% of Turkey residents would vote in favour of joining the EU, while just 34.9% would vote no in a referendum on the issue. However, such
Read More…Optimism Building That Turkey Can become EU Member
Posted:2010-01-14 17:16:02 - By Alan de Sargent
Would-be EU enlargement commissioner Stefan Fuele on Tuesday backed Turkey's bid to join the bloc, rejecting the kind of lesser "privileged partnership" relationship put forward by some Austrian,
Read More…Turkish Tourism Climbs 10.7% Year-on-Year in November
Posted:2009-12-23 16:44:00 - By Michael Sutton
Turkish tourism in November this year was 10.7% higher than November last year according to new figures released by the Turkish culture and tourism ministry. This will be a relief for some people, who
Read More…The Top 10 Property Investment Destinations for 2010
Posted:2009-12-20 00:30:02 - By Liam Bailey
Well... Everybody who's anybody in the world of overseas property is currently releasing a chart of their hot tips for the best destinations for property investment in 2010. I thought I better get in on
Read More…Turkish EU Accession Looks Like Making Some Progress at Last
Posted:2009-12-19 10:36:50 - By Michael Sutton
There has been a lot in the news this week about Turkey's continuing desire to gain full membership to the EU. It is hard to decide which is most notable, but the Spanish Prime Minister's announcement
Read More…Turkey and the EU: The Boot is on the Other Foot Now
Posted:2009-12-08 12:04:45 - By Liam Bailey
Turkey no longer needs to become a full member of the EU, it is a standalone nation negotiating beneficial partnerships with whatever countries it sees fit. In fact, it is making the most of its independence
Read More…Spot Blue Records Traffic Growth H2 2009, Backing Positive Air Travel Data
Posted:2009-11-30 12:26:20 - By Spot Blue
Piling on the positive data of a world on the upswing of recovery, UK based Turkish property agent Spot Blue have announced a significant year on year growth in traffic to their website in the third quarter
Read More…Current Overseas Property Sector full of Emerging Trends
Posted:2009-11-26 12:44:59 - By Liam Bailey
Since the downturn began to ease and people began to buy overseas property again, many new trends have been emerging. People are favouring established markets over emerging ones, people are only considering
Read More…New Low Cost Flights to Boost Turkish Property Market
Posted:2009-11-23 10:54:59 - By Spot Blue
The new UK to Turkey expansion by Pegasus airlines will be a significant boost to the Turkish property market in the coming years, both in the areas directly affected and throughout the whole country,
Read More…The Future Looking Bright for Turkish Real Estate Sector and Economy
Posted:2009-11-19 15:12:10 - By Michael Sutton
The future is looking very bright for Turkey, in terms of the real estate market and the economy. There are several reasons why I say this. Firstly the Organisation for Economic Cooperation and Development
Read More…Major Turkish Contractor Bets $150 million on Turkey's Massive Tourism Growth
Posted:2009-11-03 17:12:44 - By Liam Bailey
Makyol, one of Turkey's largest contractors has made a massive investment in the future of Istanbul tourism, in the form of a $150million dollar hotel project in the city's high end Etilier district. The
Read More…Turkey Contemplates further Rate Cuts - Good Times to Buy Turkey Property
Posted:2009-10-29 12:07:59 - By Michael Sutton
The Turkish Central Bank has hinted that it may cut interest rates even further, with a 5-6% inflation rate likely for this year. This news has sent the Turkish Lira into freefall again; against Pound
Read More…Turkey will not Sign IMF Deal Until Early Next Year [Opinion]
Posted:2009-10-23 18:00:08 - By Alan de Sargent
23 October 2009 - UK - An IMF deal is unlikely this year. I believe that Erdogan will now wait until all the numbers have been crunched on Turkey's economy, and are unlikely to agree a deal with the IMF
Read More…Turkish Property Agent Spot Blue Announces Developer Checks
Posted:2009-10-13 17:18:43 - By Spot Blue
Spot Blue have become one of the first UK based Turkish property agents to run due-diligence checks on all the developers they work with in Turkey, and to have detailed reports drawn up into the developers
Read More…[Podcast]Turkey and Armenia Sign Accords to Normalise Relations
Posted:2009-10-10 21:18:30 - By Liam Bailey
Download Audio File [TRANSCRIPT] Today saw Turkey and Armenia sign accords that will end centuries of sporadic conflict and unsettled relations. This is the day Turkey had said that it hoped the
Read More…Altinkum to Become Turkey Property Hotspot in Next 5 Years
Posted:2009-10-10 12:31:11 - By Michael Sutton
As the global economic recovery begins to gather pace, starting in the big markets to work outwards, Altinkum is set to become one of the great Turkey property hotspots of the next five years it has been
Read More…Sterling Loses ground to Euro, Boosting Turkish Property
Posted:2009-09-27 15:59:58 - By Liam Bailey
Well, Sterling has absolutely collapsed against the Euro again. Between April and this month it gained from being worth 1.07 Euros, to being worth 1.15 Euros, making Euro-zone property some 8% cheaper
Read More…Turkish Property Market Leadiing the Recovery Charge
Posted:2009-09-25 18:28:09 - By Michael Sutton
The Turkish property market is to be among the biggest benefactors of increased activity from British buyers in the overseas property market. That is according to UK based Turkish property Agents Spot
Read More…IMF Chief Says Turkey Doesn't Need IMF Assistance
Posted:2009-09-23 20:00:00 - By Michael Sutton
The head of the International Monetary Fund, Dominique Strauss-Kahn has been quoted by Turkish newspapers as saying that there was no current need for Turkey to agree a new loan package from the IMF. The
Read More…Turkey Tourism Exceeds Expectations in July, Causes Account Surplus
Posted:2009-09-11 13:14:52 - By Liam Bailey
Turkish tourism exceeded expectations in July, leading to a $286million surplus in Turkey's current account, the first surplus in five years. This shows that the strong Euro is indeed sending more people
Read More…EU Leaders Urged to Treat Turkey Fairly over Accession
Posted:2009-09-07 15:50:42 - By Liam Bailey
The Independent Commission on Turkey headed up by Nobel Peace Prize winner Martti Ahtisaari has criticised EU leaders for their treatment of Turkey over its accession into the Union. The report, titled:
Read More…Jet2.com Testify to the Popularity of Dalaman with new Flights from UK
Posted:2009-09-02 07:25:07 - By Spot Blue
Jet2.com has announced the launch of a new base at East Midlands airport. Among the new routes are flights to Dalaman, one of the most popular tourism destinations in Turkey from £69.99. Jet2.com
Read More…Turkish Property Highlighted for Mid-Long Term Investment
Posted:2009-08-30 20:33:14 - By Liam Bailey
Turkey has been highlighted for its mid-long term property investment potential. Julian walker, director of Turkey property specialists Spot Blue believes that demand for property will outstrip supply
Read More…Overseas Property Activity Up: It's Time to Come Alive
Posted:2009-08-25 09:02:38 - By Liam Bailey
I have been very very pessimistic about reports of recovery in the past, but now there are just too many positive signs for me to ignore. Economic indicators are all (or almost all) beginning to go in
Read More…Conditions Become Increasingly Favourable for Buying Property in Turkey
Posted:2009-08-22 13:00:14 - By Michael Sutton
If you are a lifestyle buyer with an eye on Turkey, now is the time to buy property in Turkey according to Spot Blue, the UK based Turkish property agent. The company made the statements after commenting
Read More…Quarterly Data Shows More People Looking to Buy Turkey Property
Posted:2009-06-25 15:03:59 - By Spot Blue
Searches for Turkey property were up 30% in the three month period ending June 22, compared to the previous three month period ending March 22, according to Turkish property specialists Spot Blue -- a
Read More…New Easyjet Flights to Boost Bodrum and Dalaman Property Markets
Posted:2009-05-25 08:20:44 - By Spot Blue
Turkish property specialists Spot Blue have learned that the UK's largest airline Easyjet is launching three new flights from London Gatwick to Turkey's most popular regions. Easyjet currently runs 3
Read More…Overseas Property Where Would I Invest Part 5: Egyptian Property
Posted:2009-05-17 08:36:41 - By Liam Bailey
As I wrote in a recent article, Egypt and Turkey are bucking the trend when it comes to tourism, because the number of British visitors they are receiving is currently growing rapidly, while traditional
Read More…British Travel, Turkey and Egypt "Bucking the Trend" - ABTA
Posted:2009-05-14 10:52:23 - By Liam Bailey
According to ABTA the only two countries expecting to see significantly rising numbers of British tourists this year are Turkey and Egypt, in fact the exact words were bucking the trend.I spoke on the
Read More…Sterling's Upward Momentum Continues, Boosting Overseas Property
Posted:2009-05-10 12:04:06 - By Alan Siddel
Sterling definitely does seem to be on an upward trend at the moment against regional currencies, though the Dollar is certainly keeping it at bay. When Gordon Brown announced the expansion to the UKs
Read More…Turkey Property Searches up for March - Spot Blue
Posted:2009-04-16 06:59:25 - By Spot Blue
Searches for Turkey property saw a month-on-month rise of 38% in March, according to specialists in Turkish property, Spot Blue. The firm reported last month that 2009 had gotten off to a bright start,
Read More…APITS Choose Spot Blue Turkey Property for its Beauty
Posted:2009-03-23 09:51:29 - By Spot Blue
Turkey property specialists Spot Blue are happy to announce that one of their properties can currently be called the poster boy of A Place in the Sun. One of the properties they are currently marketing
Read More…Turkey Central Bank Latest Base Rate Cut
Posted:2009-03-21 12:58:49 - By Emma Louise Bailey
Turkey's central bank has cut its base-rate equivalent by 1% because of falling inflation and output as well as the worsening economic outlook in the country. This is the latest in a serious of reductions
Read More…Developer Cuts Prices to Sell Off Turkey Property
Posted:2009-03-16 21:57:28 - By Emma Louise Bailey
Overseas property agents GEM Estates have cut the prices of their Turkey property development by 30% in an effort to sell of the last few remaining units.The Turquoise Development in Bodrum, which is described
Read More…Overseas Property: Where Would I Invest Part 2 - Turkey
Posted:2009-03-10 09:21:30 - By Liam Bailey
Turkey property is currently attracting a lot of media attention, and rightly so. Sales in the country haven't dropped nearly as much as most countries because of the credit crunch, prices are generally
Read More…Turkey Property Buyers Increasingly Look to South West
Posted:2009-03-05 09:20:17 - By Spot Blue
Specialists in Turkey property Spot Blue have announced a bright start to 2009, in releasing figures from their analysis of site statistics for Jan/Feb 2009 and comparing them to the last 2 months of 2008.
Read More…Low End Thai Property Shows Possible Recovery, High End Ails
Posted:2009-03-04 08:55:58 - By Liam Bailey
2009 seems to have had a positive start for some overseas property destinations, including Turkey and Thailand.Yesterday, Turkey property specialists Spot Blue posted figures to their blog that show a
Read More…Spot Blue One of Finest Properties in Turkey
Posted:2009-03-02 13:55:47 - By Azure Overseas
Following the success of this development last year, Specialists in Turkey property, Spot Blue are proud to one again be selling what is 'surely one of the finest properties in Turkey'. The 2 bedroom
Read More…Turkey Property Investment Boosted By Global Crisis
Posted:2009-02-28 19:31:15 - By Azure Overseas
The global downturn is actually increasing interest in Turkish property from overseas investors, and looks set to continue to do so throughout at least the first 3 quarters of 2009, according to overseas
Read More…New Flights to Boost Bodrum Property Market
Posted:2009-02-10 09:02:42 - By Spot Blue
Well known specialists in Turkish property, Spot Blue has learned that EasyJet is to start running new direct flights from London to Bodrum from April 23. The new flights are to run three days per week;
Read More…Turkey's Tourism Fuelled Property Market Set to Grow
Posted:2009-02-02 23:21:52 - By Emma Louise Bailey
Today the Turkish Culture and Tourism Ministry revealed how it plans to have Turkey's annual visitor numbers hitting the 40 million mark by 2013. The plans include a new airport, 9 marinas and 10 tourism
Read More…Turkey Property Hot for Overseas Investors
Posted:2009-01-27 21:49:19 - By Emma Louise Bailey
Turkey property is expected to grow in popularity because of the global slowdown pushing prices down and making property in Turkey a more affordable reality.I have recommended Turkey for investment before,
Read More…Turkey Property Values Continue to Grow
Posted:2009-01-23 19:21:21 - By Azure Overseas
Turkey has been identified as an investment hotspot, having seen continual property value increases throughout the credit-crunch; the average rise being 7% annually each year since 2005. Liam Bailey independent
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