Istanbul’s property market shows no sign of faltering in 2011 as the city’s population continues to soar with the rate of migration more than doubling during 2009-10 according to latest official figures. Over 102,000 migrants made Turkey’s largest city their home during 2009-10, accounting for 7.7% of Istanbul’s total population compared to 39,500 during 2008-9 [...]
The past week has seen a dynamic shift in the balance of economic power within Europewith credit rating agency Moody’s downgrading Spain whilst lifting non EU member, Turkey’s sovereign rating. Moody’s downgraded Spanish debt by one level to Aa1 meaning that the traditional powerhouse has lost its coveted triple-A credit rating. The downgrade was triggered [...]
Soyak, one of the largest residential real estate developer in Turkey is utilising Spot Blue, the expert Turkish agency, to bring their Istanbul developments to an international market. After today’s announcement by Moody’s to upgrade the economic status of this ‘robust’ country from stable to positive, now is the prime time for this Top 500 [...]
Most people wouldn’t dream of buying a home in the UK without seeing it; walking through each room, inspecting the quality of the build, researching the local area and its amenities. But what happens if the home you want to buy is located hundreds if not thousands of miles away, overseas? The solution? An inspection [...]
Turkey’s economic powerhouse, Istanbul, where a fifth of the population resides is one of the fastest growing megacities in the world. According to the latest data from TurkStat (Turkish Statistics Institute) pressure on existing housing stock within the city is set to increase further as the population rises to 15 million by 2023. Overall Turkey’s [...]
Istanbul’s western suburbs are set to receive a further boost with the announcement of plans to build a new marina worth $16 million. Dati Investment Holding, one of Turkey’s leading development consortiums which also owns the high end Galleria shopping mall, the Crown Plaza and Istanbul’s latest 5* hotel, the Sheraton Istanbul Ataköy Hotel, intends [...]
