Turkey Property News

Hilton Hotels Corporation has revealed that Turkey is its most successful international development market with the international hotel chain set to double its Turkish estate over the next 2 years, following the signing of 11 new hotel contracts in 10 months.

Plans for a £22.8 million ($40 million) golf resort in the Turkish holiday resort of Altinkum have been given the go-ahead by local planning officials and the Turkish Ministry of Culture and Tourism.

In these times of intense pressure most people are working incredibly hard and need to know that there is light at the end of the tunnel where they can make a secure investment and enjoy life.

Where in the world..Can you find an adoringly restored natural stone built house, with Laura Ashley interiors, surrounded by fruit orchards and olive groves? France? Spain? Croatia? The answer is Turkey in the local ecological village of Kirazli.

Prospective investors in Turkey were delighted with the recent news that the government’s temporary ban on the issue of title deeds (Tapu) to foreigners has been lifted. Now that the Turkish government has had time to re-draft the relevant law, title deeds are being processed as usual.

Enjoy the best of both worlds with an exciting new investment opportunity in the west Istanbul area of Turkey - marketed by Propertyshowrooms.com.

Property Investors and overseas home-buyers alike can turn their backs on the doom and gloom of the UK ‘credit crunch’ and face the golden opportunities and sunshine of Turkey with renewed confidence and excitement

Countries outside the Euro Zone are not affected by the current credit crunch. Traditional countries such as Spain, and Portugal, where the British have bought in huge numbers over the years, are feeling the pinch, whereas other countries such as Turkey are not.

The Turkish government has announced the end of a temporary suspension on the issuing of title deeds to foreign buyers. Brought into force on 15th April by order of the country’s Constitutional Court while parts of the legislation relating to foreign buyers were re-drafted, a parliamentary commission has passed the changes and the freeze will end in the next 2-3 weeks.

The issuing of title deeds to foreign buyers has been temporarily suspended in Turkey while two controversial clauses in the country’s property law, which relate to property sales to foreigners, are amended.

Looking for a “plan for all seasons”? A property investment with very few void periods to bring you maximum income? Then consider Turkey.

The Turkish Golf Federation has plans to add 100 new golf courses to Turkey’s current scanty tally of less than 20.

John Howell, partner at The International Law Partnership LLP says: “The Constitutional Court of Turkey, the highest legal body for constitutional review cancelled a law last week allowing sales of real estate to companies established by foreign firms.

Turkey has been hot topic number one throughout February, with enquiries for property and mortgages increasing beyond all expectations when compared to figures from 2007, A Place in the Sun naming Turkey as the third top place to buy, and the Independent hailing Turkey as top of the hot spots list.

Turkey is learning from the mistakes of Spain and ensuring that its pristine and unspoilt coastline remains that way.

Turkey's property rental market received a vote of confidence based upon data from leading holiday rental site holidaylettings.co.uk this week. The internet based lettings site analysed demand for rental property across the 112 countries where they advertise property to let, and Turkey came in 7th amongst those countries.

Dominic Whiting, editor of the Buying in Turkey guide, the UK’s leading source of information on Turkish property, picks the hottest property spots for the year ahead.

Astute property investors are well aware that a country that is leading the way in tourism will follow with an increased value in property. This can be seen clearly in Turkey where major tour operators and some of the world’s top hoteliers are clambering to be a part of this new era.

Turkey’s lower cost of living and property construction costs tempt more buyers, who are priced out of the UK, to self-build their own pension pads.

The Ministry of Forest and Agriculture in Turkey has issued a White Paper on guidelines and restrictions to be introduced by the local Municipals and Town Planners up to the year 2025.

The latest published figures from the Turkish Statistics Institute (TUIK) show another bumper month for Turkish tourism. The number of tourists visiting Turkey reached 3.38 million in August with a year on year rise of 16.5%.

Award-wining landscape architect Scape Design Associates has been appointed by MESA Group to create the landscape for ‘Parkoran’, a new 17 tower block residential development overlooking a pine forest and the nearby Golbasi Lakes in Ankara, Turkey.

Kalkan is the new “hot spot” to invest in Turkey. It is rapidly becoming a place for sophisticates seeking authentic Turkish culture and tradition within a country that is being highly promoted by its Government as a tourist destination.

TPI Turkish Property Invest, international developer in the southern Turkish city of Alanya, has launched it’s latest initiative – up to four day subsidised inspection trips to visit its latest residential property development – Oba Saray 4.

After ten years of speculation, the beautiful city of Alanya – southern Turkey – has been given the green light for its own International airport, to be operated by Turkey’s leading airport contractor and operator, TAV Airports Holding.