Prime Property Turkey News

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ilyas Bey

2024-10-22

The land of Turkey is a land of many histories. It has many ancient empires and kingdoms which have their glorious remnants. Among them are the beautiful castles located throughout the entire Turkish geography from the Aegean Sea to the center of Anatolia. These magnificent citadels are not only landmarks of historical significance; they are also charming landscapes that tell interesting stories. In this article, we will delve into eight of the beautiful castles of Turkey that are rich in beauty, splendor, and history.1. Bodrum Castle (Castle of Saint Peter)Bodrum Castle in Turkey is one of the few medieval castles that are considered to be outstanding. Built during the 15th century by the Knights of St. John this fortress has been besieged and survived many battles. It is positioned at the entrance of Bodrum's harbor and offers an amazing sight of the Aegean Sea beneath. Presently, it is home to the Bodrum Museum of Underwater Archaeology which is one of the most significant museums across the nation.Taking a tour through Bodrum Castle transports one back in time where visitors are surrounded by its massive walls, old cannons, and nicely done-up inner square. One can walk the castle's walkways and enjoy the breathtaking view of the sea and other regions. This castle is also enjoyed by people interested in the history of the Crusades for it was a Crusader castle and offers amazing views as well.2. Rumeli Fortress (Rumeli Hisarı)Rumeli Hisari which is located at the European side of the city of Ikoniums is a remarkable edifice that really was an important building during the conquest of Constantinople in the year 1453. A fortress that was built by Sultan Mehmed the Conqueror, this fortress runs the length of the Bosphorus strait, and its thick walls and moving battlements enabled the people of the city to block any advancing armadas.Rumeli Fortress is not a castle anymore but has been transformed into a museum while also acting as an open-air amphitheater where shows are presented during the summertime. While treading through the broad stone passages and climbing on top of the fortress towers, a glimpse of the olden days of the great city of Istanbul during the Ottoman Empire can be visualized. The scenery of the Bosphorus from this place is amazing beyond comparison.3. Alanya KalesiSitting on top of a barren, rocky peninsula that stretches into the blue Mediterranean Sea is the famous Alanya Castle, a place that all travelers to Antalya should treat as a priority. It is a 13th-century Seljuk fortress whose walls measure almost 6 kilometers in radius and has more than 100 towers. The castle is situated in a perfect location enabling stunning views of the city and the ocean, especially during sunsets.Tourists within the vicinity can see panoramic views of the city; there are also ancient cisterns, small Byzantine churches, and a historic lighthouse as well. The mix of rich history and beautiful sceneries is what makes Alanya Castle one of the most appealing designs of a fortress in Turkey.4. Van KalesiThe history of Van Kalesi rises as high as the 9th century before Christ when it became an emblematic Urartian fort. Ideally located on the rocky promontory of Lake Van, this large block of stone structure confirms the structural abilities of Urartians. The dramatic landscapes of the lake, as well as the eastern Anatolian region, encompassed with mountains surround the ruins.While walking inside on the remains of the castle, you will find such things as rock tombs and inscriptions, or the marvelous walls that used to encircle the ancient Tushpa city. More than one way, Van Castle is an interesting site due to the history it holds which makes it a secret location for most of the interested sites and even historians who may want to go there for solace.5. Yedikule Fortress (Yedikule Hisari)Also another piece of art in Istanbul after Galata Tower, Yedikule Fortress or 'the Fortress of Seven Towers' was built later than the Theodosian Walls that protected the city of Constantinople. Throughout time, the fortress has played numerous roles, such as an empress's chamber, galley, and even execution grounds.These days, the Yedikule Fortress is a tourist site and one can enjoy the feeling of being on top of the towers overlooking the blue of the Marmara Sea and the vastness of the city. For lovers of the strange and wonderful, who are interested in the Byzantine and Ottoman history of Istanbul, this place is certainly one of interest due to its haunted characteristics as well as its past.6. Mamure KalesiGeneral Pompey’s forces built this fort in the 1st century and later it was developed by the Eastern Roman Empire, the Crusaders and the Ottoman Empire. With its 36 towers, moat, and well-preserved ramparts, Mamure Castle is one of the better-preserved fortresses in Turkey.The castle’s geographical position by the sea and the different architectural styles that mix into it, complete the picture, making it yet more remarkable. Its expansive inner courtyard, boundless heights of the towers, and breathtaking scenery of the sea are waiting for the tourists. Encouragingly, if you are on a trip to the southern parts along the coastline of Turkey, Mamure Castle is one of the sites that you should not forget to visit.7. Candarli KalesiCandarli Kalesi is one of the impressive fortifications located a little to the north of the city of Izmir, in the coastal settlement of Candarli.14th century Genoese built the castle and it is one of the least architectural decadence in history. It has large round towers, thick walls, and a view of the Aegean Sea which photogenic attractive place.When visiting Candarlı Kalesi, you would honestly think as if you were watching a scene from a historical movie.8. Kizkalesi (Kız Kalesi)Kiz Kalesi, also known as Maiden’s Castle, is an enchanting castle situated on a tiny island located a few kilometers from Kız Kalesi Town of Mersin Province. This beautiful castle, built during the Byzantine period, is seen emerging out of the sea and can only be accessed by boats. There is an interesting story that runs parallel to this castle that depicts how a king had this castle built for her daughter who had been forewarned about death by a snake.These days, the island is not some mysterious dot on the ocean's surface but rather a place where one can take a short boat ride, visit the remains of the castle, and admire the beautiful views of the Mediterranean Sea. Moreover, the hilltop fortress that juts out from all directions into the sea makes it more enchanting.ConclusionCastles in Turkey are not just made of rocks; rather they are dynamic embodiments of the rich history and heritage of the Nation. These eight remarkable castles are a journey across ages from Istanbul which is the busiest city to the serene beaches of the Mediterranean. Be it for history, nature’s beauty, or for appreciating attractive sceneries, these castles are out of this world.

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ilyas Bey

2024-10-14

Sun, sea, history, and the majestic Mediterranean coastline of Turkey are just some of the reasons why Antalya has been top of the chart for many tourists over the years. However, recently, this city has also attracted many real estate investors and homebuyers in the local and global context. As a result, prices of houses in not only the traditional sense but also the Mediterranean city of Antalya have gone up because the demand for property for example in Antalya has increased. This raises a pertinent question: why is it that houses in Antalya are so costly?In this blog, we delve into why property prices in Antalya are on the rise and illustrate the reasons why it is one of the most sought-after, yet expensive, places in Turkey to buy a property.1. Expanding Tourism SectorAntalya being the center of tourism in Turkey attracts hundreds of thousands of tourists each year. It is famous for its beaches, historic places, and warm temperatures, making it a very popular tourist spot, especially for Europeans, Russians, and people from the Middle East, who make up a majority of the tourists. The geography of the country has mass tourism driven and favorable conditions for vacation homes or rental properties resulting in increased demand and escalation in house prices.While on holiday in Antalya many of the tourists who find the city charming opt to buy or build their own holiday cottages residential properties to let for short-term seasons, the effect of such activity rarely produces a decrease in the property rates. Such property development is mainly caused by tourism as it is cheap to sell property in most coastal areas and even in areas with tourist attractions.2. Interest and Investment from ForeignersThe tendencies of foreign geologists in the real estate property of Antalya have intensively developed in the last few years. Non-native property buyers have an ace up their sleeves to help them along the way: they can invest in the property and become Turkish citizens. It is therefore easy to see why the city of Antalya has become so appealing to foreign investors who require citizenship. For the reason that the citizenship application comes hand in hand with the requirement to purchase at least USD 400,000.00 of real estate in the country.There are also many people, particularly from the cold countries of Russia, Germany, the United Kingdom, and the Scandinavian countries who view Antalya as an ideal place for retirement or buying a vacation home. Due to the moderate winter season and high standard of living, rich foreigners try to acquire high-end villas and properties by the beach or luxurious condominiums.The presence of foreign investments in the economy of the region helped raise the bar of the local real estate market. This has resulted in a sharp rise in property prices, especially for prime real estate.3. Increasing Demand from ResidentsAlthough foreign purchasers account for a large portion of the market, local demand for homes in the city has also been growing. Many of the Turkish inhabitants of the more populous cities such as Istanbul, Ankara, and Izmir have started moving to Antalya, which is rather attractive to this group because of its relaxed atmosphere, warm weather, and relatively cheap living expenses (not quite considering the cost of housing).4. Limited Land AvailabilityGiven the increasing attention towards Antalya city, one of the insurmountable obstacles is the limited developable land, more so in the prime regions. To the south lies the Mediterranean Sea whilst to the north there are mountains hence making it difficult for expansion. Most of the land that can be worked on has been worked on already and therefore with an increase in demand, the cost of land has also improved.5. Opulent Real Estate Projects and Advancement of FacilitiesAntalya's real estate market is also affected by an upsurge in luxury buildings and upscale real estate projects. Many newly constructed buildings are for rich customers with features such as private swimming pools, smart home technology, and breathtaking views of the ocean. Developers are also constructing large exclusive enclaves with all facilities including gyms, saunas, and even private beaches.6. Inflation and Economic FactorsOver the last several years, Turkey has seen a high rate of inflation which extends to the real estate sector. The increase in property price can be attributed to construction costs connected to the raw material revaluation, increased labor costs, and high energy rates. Furthermore, the constant depreciation of the Turkish lira has rendered the construction of new houses costlier and more challenging, compelling builders in the region to increase the prices charged for housing to remain profitable.ConclusionSeveral factors have contributed to the increased cost of housing in Antalya such as the growing foreign investments and the booming tourism sector, the limited availability of land, the increase in luxury housing developments, inflation, and the general desirability of living in the city. Though prices may be high, the very blend of lifestyle, location, and investment opportunities still puts Antalya on the list of many homebuyers and investors.

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ilyas Bey

2024-10-10

In recent years, Turkey has increased in popularity as one of the sought-after countries for real estate investments. The very mix of cultural diversity, strategic positioning, the expanding economy, and the ever-flourishing tourism sector makes it a great potential for investment both within and outside the country. However, the question begs to be answered whether it is indeed worth it to invest in property there. This blog provides insight into the different aspects that make Turkey a potential market for real estate investments and the factors that every prospective investor needs to know.1. Booming Real Estate MarketTurkey’s real estate sector has experienced a remarkable expansion during the past ten years. Real estate investments are in addition to the major cities of Istanbul, Antalya, and Izmir, the coastal areas that are urbanizing and developing their infrastructures. There are many tourists who come into the country every year so the growing middle class, augmenting highfliers, and even real estate investors are some of the driving forces for real estate.Also, the Turkish authorities have put in place numerous measures in order to attract foreign investment. For example, foreign individuals who buy certain property can get Turkish nationality which is a good option for those seeking to establish themselves in the country.2. About Europe and AsiaTurkey is located in the middle of the two continents which is very advantageous to tourism and international business. For instance, many visit Istanbul, a city that is cosmopolitan and has people coming from all over the globe. In addition to the obvious benefits of increased tourism, such factors also contribute to the attractiveness of Turkey as a business and employment destination, which in turn increases the need for housing.To this end, this creates possibilities for investing in both residential and commercial sectors of real estate. No matter if you seek to buy an exclusive apartment in Istanbul or a vacation house on the Turkish coast, the country’s position offers a clear advantage regarding access to the relevant markets.3. Positive Impact of Tourism on EconomiesTurkey’s economy, with tourism being one of the fastest growing and most important sectors. More than 51 million tourists visit Turkey in 2023, and this figure is expected to increase with time. Short-term rentals in areas rich in tourist attractions such as Istanbul, Cappadocia, and the Mediterranean coast are always in high demand.This is an ideal opportunity for real estate investors to purchase vacation homes or rental properties which are sure to provide passive income. Investing in Short-term rentals, particularly in areas with a history of high tourism levels tends to be rather lucrative, especially in high seasons. Thanks to advances in technology, companies such as Airbnb and Booking.com have made it extremely simple to run such properties which has made the process of letting such homes very efficient.4. Reasonable Real Estate Costs While Western European real estate markets are much higher, in Turkey, real estate is still relatively cheap. For instance, the property prices in Istanbul are in most cases lower than that of other major cities in Europe; London, Paris, or Berlin included. This low cost together with the possible high rental yields and capital appreciation has proven to be a good option for investors wishing to have value for their resources in Turkish real estate.Properties in seaside areas like Antalya and Bodrum also present perfect conditions for investment and most especially luxury villas and apartments which are offered at ridiculously lower prices unlike in the Mediterranean countries such as Spain or Italy.5. Favorable Currency TranslationCoupled with this is the allure of doing business in the Turkish real estate market for foreign investors, the aspect of the favorable exchange rate. The Turkish lira has lost value over the last few years which makes owning property cheaper in Turkey for foreign buyers. It enables individuals from nations with stronger currencies, to purchase properties at very cheap costs, and even earn rental and appreciation returns.6. Odds of Making Returns from RentalsOut of the numerous benefits of Turkish real estate investment, high rental yields rank as one of the top benefits. In key cities such as Istanbul, the income earned from rentals is considered very high, especially in the core regions. Depending on the real estate type, foreign investors stand to benefit from both letting the property out on a prolonged period as well as at short intervals.In the case of areas like Antalya and the Aegean, where tourists abound, there are high chances that short-term letting out of the houses as holiday homes, especially during the peak season, will bring in considerably high returns. Conversely, long-term leasing in the cities, especially for expats or those coming to work in the country, for example, nurses and engineers, also generates good revenue and remains constant.ConclusionIn ending, Turkey is an exciting and attractive investment market in real estate. Its real estate market is dynamic owing to its geographical positioning, expansion of the economy, an established tourism industry, and low property costs. 

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ilyas Bey

2024-09-27

Sometimes people ask, "Is real estate in Turkey cheap?" At least in comparison to Western countries, the answer is "yes." For investors who are thinking of buying property abroad, it thus ranks top amongst locations with real estate investment prospects. Assuming you have learned how to get fantastic deals, there is much more you should consider when deciding on a property purchase in Turkey.When a buyer discovers their dream house at a discount, it may end up being the worst financial decision they have ever made. While certain places are more affordable than others, there is little indication of long-term capital growth. This is the result of not doing a thorough investigation into the real estate market. Let's review the information a buyer seeking cheaper real estate should learn.Cheap Turkish Property Buying1. Is Investing in Real Estate Safe?Compared to price ranges, several would-be homebuyers start thinking if it's worth spending because it seems too good to be true compared to other foreign markets for real estate, such as those of Spain or Portugal.Yes, provided buyers comply with all the established procedures and regulations. Be certain that you will always work with an attorney or a licensed real estate agent, and have contracts prepared. Only in this case does it guarantee a paper trail-it's always better to directly transfer money online to the bank account of your legitimate seller. In this article about buying property in Turkey, we further discuss investment protection.2: Off-Plan PropertiesOff-plan properties are one of the best values. Istanbul, as well as most cities, would be a superb investment for local investors because they are booming on both the European and Asian fronts. Some developers are also offering interest-free payment plans for up to five years. The disadvantage of buying off-plan is that the first-time purchaser may have to wait until they sign on the dotted line to see their high street investment. Therefore, detailed contracts are required and only use developers who have insurance in case they are unable to complete the job. 3. Turkish Renovated HousesNow and then a buyer desires a remodeling project to become their ideal house. They want to update and modernize an inexpensive, old Turkish village house. Regretfully, any value gain will be far outweighed by the costs of renovations. Renovation projects also prove costly because, in the past 20 years, Turkish construction laws have changed. To make sure the house receives all the necessary documentation and certifications, this calls for a significant refurbishment. If you are purchasing a property, pick a traditionally designed house that has already undergone renovations. Alacati in the Izmir region and Kayakoy in the Fethiye region are good sites to look for these kinds of properties.4: Resources for Low-Cost Real EstateCertain locations rank higher than others when it comes to affordable real estate. Kalkan, for instance, on the Mediterranean shore is not the place to search. Because there is a dearth of suitable building sites and this market specializing in luxury residences, supply, and demand have already driven up prices. Altinkum on the Aegean coast is a great area to start looking for affordable real estate. Due to the low cost of living and the preservation of the rustic atmosphere, properties in this area are less expensive than in Kalkan. Bursa was a latecomer to reviving its once-stagnant market, therefore investors from the Middle East are drawn to its low property prices.5: Negotiating Prices and Legal FeesRemember the closing charges in addition to the house price. These will consist of the land registry fee, notary and translation fees, and title deed tax. View a detailed breakdown of the amount you should budget for these expenses. Furthermore, investors in real estate occasionally enquire with us about the acceptability of price haggling in Turkey. It is, and in these situations, we act as intermediaries between buyers and sellers as real estate brokers. It should be noted that real estate transactions in Turkey move swiftly, thus there is little possibility of other bidders outbidding you.

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ilyas Bey

2024-09-24

Turkey is a cultural melting pot of the ancient and modern worlds, which makes sense given its location at the intersection of Europe, Asia, and the Middle East. The outcome of a stunning collision of East and West is nothing more than an enormous mashup of religion, culture, and history.A sensory assault awaits you in the vast valleys and bazaars filled with the aroma of incense! In addition to experiencing cultural shock, you'll fit right in with the hectic flurry of activities.1. Mount AraratAny backpacker traveling through Turkey should make a trip to Mount Ararat a priority.If there's one reason you may recognize the mountain, it's because Noah and his animal ark are said to have set foot on it following the great deluge in biblical times.The mountain is located on the border between Iran and Armenia in the east of the nation. The pleasant beaches and bustling cities that most people associate with Turkey are in sharp contrast to the mountains that are always covered in snow.It consists of two dormant volcanoes on its tops. For the sports fans, making it to the peak of one of the hills is worth it and one will do it once in a lifetime.2. Hagia Sophia, IstanbulOne of the highlights of Istanbul should be the Hagia Sophia, hidden away in the historic Sultanahmet District of Istanbul.Apart from its charm, its history is pretty tangled. Originally erected as a Byzantine cathedral in the mid-fourth century, the building was de-linked from the Byzantines and became a mosque under Ottoman dominion. In the 1930s, it was converted into a museum, and very recently in 2020 it became a mosque again.It is now accessible to both religious and secular visitors, who are welcome to take in its opulent golden dome, stained-glass windows, and intricately hand-mosaic interiors. Additionally, be sure to view the Sultan's graves in the mosque as well as the Norse inscriptions.3. CappadociaCappadocia, a place that you should never miss when planning a trip to Istanbul, has attracted millions of tourists with its strange land, stone valleys, and multi-colored hot air balloons in the sky.This light tan area, elevated on the Anatolia Plateau, contains striking cave settlements with building-sized churches and monasteries carved inside a soft volcanic stone. And there are slender rock columns as well.Cappadocia Balloon Festival, one of the famous festivals in Turkey, has been held yearly in July for three days since the year 2005.The Lycian Way TrailThe Lycian Way is believed to be one of the most thrilling trekking paths that follows the trace of the old road of the ancient people- the Lycians.This ancient population flourished in the fifth century, living in about 35 cities in the Lycian region (modern-day Turkey).If you’re wondering about how long is the world's most popular hiking trail? The trail stretches 335 miles down the southern coast. That amounts to an incredible 142 hours of hiking overall!The drive through the Butterfly Valley, a cove with enormous cliffs towering from the deep blue ocean below, was the most breathtaking highlight. This location is highly recommended.5. Ishak Pasha PalaceIshak Pasha Palace is one of Turkey's lesser-known sights, and we heartily recommend visiting it.A remarkable preservation of an Ottoman Empire palace which is located in eastern Turkey not far north of the borders with Armenia and Iran.This palace truly has withstood the test and passing of time. This lavish building which rests on a mountain whose view is that of Dogubeyazit depicts the historical background of this region with the incorporation of architecture from Ottoman, Seljuq, Persian as well as Armenian empires.6. The Pamukkale TravertinesLocated in the Büyük Menderes Valley, the Pools of Pamukkale, or the “Cotton Castle” as called by the natives is a series of natural hot springs and pools.One of the most popular natural thermal baths in the area, the terraced pools created by the spring's flowing water over millennia are largely recognized for their purported therapeutic benefits.One of the oldest thermal baths in the world, Hierapolis, is sometimes disregarded while the travertines attract large throngs of visitors. It is well-known for its Antique Pool, which is said to have been Cleopatra's bath.The Temple of Apollo, the remnants of which now rest calmly beneath the sea, previously housed this pool. It is easy to understand why this natural phenomenon is among Turkey's top ten tourist destinations. 7. Akdamar Island, Lake VanExperience a portion of Turkey's stunning east sans the throngs of people by traveling to Akdamar Island.Akdamar Island is situated in the center of Lake Van, the largest lake in Turkey, and is framed by Mount Ararat. Blue may not be the color associated with all these past societies; however, it is the main color used to encircle the entire island.Reaching the island, accessible only by ferry, there is an Armenian St. Cross Church built in the tenth century that has fallen into disrepair and ruin. You will uncover the ruins of a convent that was associated with the church during your perambulations.Ready for a history lesson? We've got you covered! The church is now a well-run museum with carvings inside that show biblical scenes of David and Goliath and Adam and Eve.8. Blue Lagoon, OlüdenizAmong the top ten destinations in Turkey for daring tourists is Ölüdeniz Blue Lagoon.It is well-known for its crystal-clear blue seas and little sandbar and is located on Turkey's southern coast along the historic Lycian Way Trail.Kayaköy is a short walk away; it's the remains of an Ottoman settlement that was once bustling, interspersed with abandoned stone houses.The Ölüdeniz Beach is also a part of the Ölüdeniz National Park, and as such, it is necessary to pay a small admission fee. Calm waves and warm water beaches? In our opinion, the rather insignificant cost is worth it!Ephesus; Ancient City, SelcukOne of the places in the world that possesses both a sense of history as well as striking natural beauty, is the Ancient City of Ephesus.As believed in ancient times, Ephesus was the most celebrated City of Greece according to its prominence and bustling northernmost port of the Mediterranean trade.10. Koprulu Canyon National ParkIf you're interested in outdoor activities, be sure to put the Koprulu Canyon at the top of your schedule when visiting Turkey!Situated in the province of Antalya, the Koprulu Canyon National Park is situated by the Kopru River. This is one of the most impressive canyons ever to exist.The blue water beneath the craggy rocks rises at an almost 90-degree angle, leaving only the most tenacious pine, cedar, and cypress trees to thrive in between the fissures.Apply a layer of sunscreen and go through the small gorge by kayaking or white water rafting during the day.If you're not into water activities, the National Park is a great place for enthusiastic hikers. They can follow designated paths through stunning Mediterranean scenery and historic ruins.11. The Grand Bazaar, IstanbulThe Grand Bazaar in Istanbul is a cultural experience unto itself. Known as one of the biggest covered markets globally, this vibrant marketplace weaves through more than sixty lanes and alleyways, offering a wide range of goods for sale. It compensates for a fantastic weekend spent in Istanbul.12. Alacati, IzmirThe little village of Alacati is one of the most picturesque spots in Turkey, although it is still not well recognized.The hip town is well-known to wine and food enthusiasts for its mills, cobblestone streets, and wayside cafes and boutiques.13. KarsBecause of its high altitude and bitterly cold winters, Kars is referred to as Turkey's winter wonderland.The primary resort in the region, Sarikamis, is located inside the Allahuekber Mountains. In addition to offering winter activities, the city is the site of a historic Armenian city's ruins.14. The Duden Waterfalls, AntalyaThe coastline of Duden Waterfalls is empty near Antalya International Airport. Water tumbles down Mount Taurus into the sea, amidst luxuriant Mediterranean vegetation.When the sun sets, take a picnic and camp in the protected park to witness the thunderous rush of the waterfall. This one truly is successful!15. The Ancient God Statues, Mount NemrutMount Nemrut, in southeast Turkey, is most known for the enormous, randomly carved stone heads that rest on its peaks.Without the aid of contemporary gear, we can't be too certain how they got there. Visit this mountain on a guided tour instead of trying to save the day.16. Patara BeachPatara is by no means a hidden gem despite being the longest beach in Turkey. There is plenty of space for everyone, thus it is almost ever called busy.If you visit at the appropriate moment, you may be able to see the moon rise and set simultaneously from the top of a specific dune.ConclusionExplore the pristine Aegean Sea by boat, trek the renowned Lycian Way, and visit Istanbul's Hagia Sofia to admire the building's magnificent artwork and architecture.The Pools of Pamukkale have to be the top pick on this list. These white travertine terraces have a seductive quality that will make you think you've traveled through time and space.Every tourist, regardless of age, may find something to enjoy in Turkey's cultural mixing pot of the East and the West.Why do you wait? Write down your itinerary for Turkey and get to work!

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ilyas Bey

2024-08-28

Discover Tranquility: Charming Villages in Turkey for a Peaceful Home LifeTurkey, a country renowned for its rich history and vibrant culture, also boasts some of the most serene and picturesque villages ideal for those seeking a peaceful home life. If you’re considering buying a house in Turkey, you might want to explore these charming locales that offer not just stunning landscapes but a slower pace of life that many find refreshing.1. Şirince: A Slice of AuthenticityNestled in the hills of İzmir Province, Şirince is a village that seems to have stepped out of a storybook. With its traditional Greek architecture and narrow, winding streets, Şirince is a haven for those yearning for a serene retreat. The village is famous for its wine production, with local vineyards offering a variety of unique flavors. A house in Şirince provides not only a tranquil environment but also a rich cultural experience, making it a perfect choice for anyone looking to immerse themselves in Turkish charm.2. Akyaka: Nature's EmbraceSituated on the southwestern coast of Turkey, Akyaka is renowned for its stunning natural beauty and distinctive architecture. Known as a "Cittaslow" town, Akyaka emphasizes a slower, more relaxed lifestyle. The village is framed by lush forests and overlooks the Aegean Sea, offering breathtaking views and a peaceful ambiance. Houses in Akyaka often feature traditional wooden designs, blending seamlessly with the natural surroundings. This village is ideal for those who want to escape the hustle and bustle of city life and embrace a more harmonious existence.3. Alacati: A Blend of Modern Comfort and Traditional CharmLocated on the Cesme Peninsula, Alacati is a village known for its well-preserved stone houses and vibrant atmosphere. Famous for its windmills and cobblestone streets, Alacati combines historical charm with contemporary comforts. The village hosts a variety of boutique shops, cafes, and art galleries, making it an attractive option for those seeking both tranquility and a bit of lively local culture. A house in Alacati offers a perfect blend of peaceful living and modern amenities, catering to a diverse range of lifestyle preferences.4. Gökçeada: The Island RetreatGökçeada, Turkey’s largest island, offers an exceptional escape from the mainland’s hustle. This island is known for its unspoiled landscapes, including pristine beaches and lush greenery. With its strong Greek heritage, Gökçeada features charming traditional houses and a welcoming community. The island’s slow pace of life and emphasis on sustainability make it an ideal spot for those seeking a peaceful and eco-friendly lifestyle. Investing in a house in Gökçeada allows you to enjoy a serene environment while being part of a close-knit community.5. Ürgüp: A Historical GemLocated in the heart of Cappadocia, Ürgüp is renowned for its unique cave dwellings and historical significance. The village offers a fascinating blend of natural wonders and historical architecture. Ürgüp’s landscape is dotted with fairy chimneys and ancient cave homes, providing a truly unique living experience. For those interested in a house in Turkey that combines historical intrigue with peaceful surroundings, Ürgüp is an excellent choice. The village’s charm and cultural richness make it a desirable location for anyone seeking a tranquil yet captivating home environment.Embrace the CharmChoosing a house in one of Turkey’s charming villages offers more than just a peaceful living environment—it provides an opportunity to immerse yourself in a rich tapestry of culture, history, and natural beauty. Whether you’re drawn to the architectural elegance of Şirince, the natural splendor of Akyaka, the modern-meets-traditional vibe of Alacati, the serene retreat of Gökçeada, or the historical allure of Ürgüp, Turkey’s villages offer a variety of options for those looking to enjoy a serene and fulfilling home life. Each village has its own unique character, promising a distinctive and enriching experience for its residents.

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ilyas Bey

2024-08-27

Imagine a new passport, a gateway to stunning landscapes, vibrant culture, and expanding economic opportunities—all made possible through Turkish citizenship by investment. Turkey’s enticing citizenship program offers a transformative path for investors, granting access to a dynamic country that bridges continents and cultures. In this blog, we’ll delve into the unique advantages of obtaining Turkish citizenship through investment and explore how this opportunity can reshape your future.Why Choose Turkish Citizenship by Investment?1. Gateway to Global MobilityOne of the most compelling benefits of Turkish citizenship by investment is the enhanced global mobility it offers. Turkish passports allow visa-free or visa-on-arrival access to over 110 countries, including key destinations in Europe and Asia. This freedom is invaluable for frequent travelers and international business professionals seeking seamless entry into global markets.2. Economic and Business OpportunitiesTurkey’s growing economy presents diverse investment opportunities. As a Turkish citizen, you can take advantage of the country’s strategic location bridging Europe and Asia, which is a significant asset for entrepreneurs and investors. The Turkish real estate market, in particular, offers attractive prospects, with options ranging from luxury properties to high-yield investment opportunities.3. High Quality of LifeTurkey boasts a high quality of life, characterized by its rich cultural heritage, beautiful landscapes, and favorable climate. Whether you prefer the bustling energy of Istanbul, the serene beaches of Antalya, or the historical charm of Izmir, Turkey provides a range of lifestyle options to suit various preferences. Additionally, the cost of living in Turkey is generally lower than in many Western countries, making it an appealing choice for families and retirees.Investment Options for Citizenship1. Real Estate InvestmentThe most popular route to Turkish citizenship is through real estate investment. To qualify, you need to purchase property worth at least $400,000. This investment can be residential or commercial, and it must be held for a minimum of three years. Turkey’s real estate market is diverse, offering everything from modern apartments in metropolitan areas to charming villas on the coast.2. Capital InvestmentIf real estate isn’t your preference, another option is to make a capital investment of at least $500,000 in a Turkish business or financial institution. This route allows you to engage directly with Turkey’s economic landscape, contributing to the local business environment while securing your citizenship.3. Job CreationFor those interested in creating a direct impact, Turkish citizenship can also be obtained by establishing a business that employs at least 50 Turkish citizens. This option is particularly suited for entrepreneurs looking to make a meaningful contribution to the community and the economy.Application ProcessThe application process for Turkish citizenship involves several steps:Document Collection:Gather necessary documents such as proof of investment, a valid passport, and evidence of legal residence in Turkey.Application Submission: Submit your application to the Turkish Directorate General of Migration Management, including all required documents.Processing Time: The application processing time typically ranges from three to six months. During this period, Turkish authorities will review your submission and may request additional information.Citizenship Grant: Upon approval, you and your family will receive Turkish citizenship, including passports and identity cards.ConclusionTurkish citizenship by investment offers a remarkable opportunity to secure a new future in a country known for its rich cultural tapestry and strategic economic position. With benefits ranging from global mobility to business opportunities and a high quality of life, this program is more than just a residency option—it’s a transformative experience. Explore the possibilities, make your investment, and embrace the exciting journey ahead as a Turkish citizen.

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ilyas Bey

2024-07-30

Turkey is a land of incredible diversity, where ancient history meets modern vibrancy and cultural richness. Its cities are microcosms of this diversity, each offering unique experiences that reflect the country's multifaceted identity. From the stunning architecture of Istanbul to the historical allure of Ephesus, each city tells its own story. This blog will explore some of the most prominent cities in Turkey, highlighting their key attractions, cultural significance, and what makes them worth visiting.Istanbul: The Cultural CapitalAs Turkey’s largest and most famous city, Istanbul serves as the cultural and historical heart of the nation. Straddling two continents, Europe and Asia, it boasts a rich tapestry of history, stunning architecture, and vibrant culture.Key Attractions:• Hagia Sophia: A former church-turned-mosque, now a museum, showcasing Byzantine architecture and rich history.• Topkapi Palace: The former residence of Ottoman sultans, offering insights into royal life and an impressive collection of relics.• Grand Bazaar: One of the largest and oldest covered markets in the world, a shopping paradise for local crafts, ceramics, and spices.Cultural Significance: Istanbul's blend of eastern and western influences reflects its historical importance as a bridge between continents, making it a must-visit destination for travelers.Ankara: The Modern CapitalAnkara, the capital city of Turkey, is often overlooked by travelers who flock to Istanbul, but it holds its own charm and significance. As the second-largest city, Ankara is the political and administrative center of the country.Key Attractions:• Anıtkabir: The mausoleum of Mustafa Kemal Atatürk, the founder of modern Turkey, which stands as a symbol of national pride.• Museum of Anatolian Civilizations: Showcasing Turkey’s diverse ancient history through artifacts and exhibitions.Cultural Significance: Ankara plays a crucial role in the political life of Turkey, and its museums and institutions reflect the nation’s history and aspirations for the future.Izmir: The Aegean JewelIzmir, located on the Aegean coast, is a vibrant city known for its beautiful waterfront, rich history, and modern urban atmosphere. It is one of Turkey’s most important port cities and has a lively cultural scene.Key Attractions:• Konak Square: The heart of Izmir, featuring the iconic Clock Tower and bustling markets.• Ephesus: Just a short drive away, this ancient city is one of the best-preserved archaeological sites in the world.Cultural Significance: Izmir is famous for its local cuisine, particularly seafood, and has a vibrant arts scene, hosting numerous festivals throughout the year.Antalya: The Tourist HotspotAntalya, known as the gateway to the Turkish Riviera, is famous for its stunning beaches, luxurious resorts, and historical sites. The city combines natural beauty with modern amenities, making it a favorite destination for tourists.Key Attractions:• Kaleiçi: The old town of Antalya, characterized by narrow cobblestone streets, historic buildings, and picturesque views of the Mediterranean.• Düden Waterfalls: A breathtaking natural wonder located just a short drive from the city center.Cultural Significance: Antalya's rich history, stunning coastline, and vibrant nightlife make it a hub for leisure and relaxation, appealing to a diverse array of visitors.Cappadocia: A Fairytale LandscapeCappadocia is famous for its otherworldly landscape characterized by unique rock formations, fairy chimneys, and cave dwellings. This region is not a city per se but offers a host of towns and villages worth exploring.Key Attractions:• Hot Air Balloon Rides: A signature experience offering breathtaking views of the surreal landscape at sunrise.• Göreme Open-Air Museum: A UNESCO World Heritage site featuring rock-cut churches adorned with beautiful frescoes.Cultural Significance: Cappadocia is rich in history and culture, reflecting the early Christian heritage of the region, with its ancient churches and frescoes hidden within the valleys.Bodrum: The Aegean GetawayBodrum is a picturesque coastal town that has become a haven for travelers seeking sun, sea, and sand. Known for its lively nightlife, stunning beaches, and rich history, Bodrum attracts visitors from all walks of life.Key Attractions:• Bodrum Castle: A stunning fortress overlooking the harbor, housing the Museum of Underwater Archaeology.• Ancient Theater: An exceptional site dating back to the Hellenistic period, offering panoramic views of the town.Cultural Significance: Bodrum is celebrated for its vibrant arts scene, numerous festivals, and culinary delights, contributing to the region’s reputation as a cultural hotspot.Conclusion:Turkey’s cities are rich in history, culture, and natural beauty, providing travelers with an abundance of experiences to explore. From the bustling streets of Istanbul to the tranquil landscapes of Cappadocia and the sun-kissed beaches of Bodrum, each city offers a unique window into the diverse life of this extraordinary country. Whether you are a history enthusiast, an adventure seeker, or a culinary explorer, Turkey's cities promise unforgettable memories and delightful discoveries waiting to be uncovered.

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ilyas Bey

2024-07-22

Turkey, with its strategic location straddling Europe and Asia, offers not only a gateway between continents but also a promising landscape for investment through its Citizenship by Investment program. This initiative allows foreign investors to obtain Turkish citizenship by making a significant financial commitment, typically through real estate or other qualifying investments.Why Invest in Turkey?Investing in Turkey goes beyond financial gains; it opens doors to a rich cultural tapestry, vibrant business environment, and strategic geopolitical advantages. Here are compelling reasons to consider investing in Turkey:Economic Stability: Turkey boasts a diversified economy supported by key sectors such as manufacturing, agriculture, tourism, and services. The country has demonstrated resilience amidst global economic challenges, making it an attractive destination for investment.Strategic Location: Situated at the crossroads of Europe, Asia, and the Middle East, Turkey offers unparalleled connectivity and access to emerging markets. Its strategic position facilitates trade, tourism, and business opportunities across diverse industries.Growth Potential: Turkey's real estate sector has seen significant growth in recent years, driven by urbanization, infrastructure development, and a growing middle class. Investing in property in Turkey not only offers potential capital appreciation but also rental income opportunities, especially in key cities like Istanbul, Ankara, and Izmir.Cultural Riches: From ancient ruins and historical landmarks to bustling markets and vibrant arts scenes, Turkey's cultural heritage attracts millions of tourists annually. Investing in Turkish citizenship provides access to this rich cultural tapestry, offering a lifestyle enriched by history, cuisine, and traditions.Citizenship by Investment in TurkeyTurkey's Citizenship by Investment program offers a straightforward pathway to acquiring Turkish citizenship for eligible investors. Here's how it works:Investment Options: Investors can qualify for Turkish citizenship by fulfilling specific investment criteria. This typically includes purchasing real estate or making a capital investment in various sectors of the Turkish economy.Minimum Investment: The minimum investment threshold varies depending on the type of investment chosen. For instance, purchasing property valued at a minimum specified amount qualifies an investor for citizenship.Residency Requirement: Investors must hold a valid residency permit in Turkey at the time of application. This can be obtained through property ownership or other qualifying investments, demonstrating a commitment to the country.Benefits of Turkish Citizenship by InvestmentAcquiring Turkish citizenship through investment offers numerous benefits:Visa-Free Travel: Turkish citizens enjoy visa-free or visa-on-arrival access to over 110 countries, including the Schengen Zone and many others worldwide.Business Opportunities: Citizenship facilitates business ventures and investment opportunities within Turkey and internationally, leveraging the country's strategic location and economic potential.Quality of Life: Turkey offers a high quality of life with modern amenities, healthcare, and education facilities. Investors and their families can enjoy these benefits while living or traveling within the country.ConclusionInvesting in Turkey through its Citizenship by Investment program is not just about financial returns; it's about embracing a new lifestyle enriched by cultural diversity, economic opportunities, and global connectivity. Whether you're considering real estate investment in bustling cities like Istanbul or exploring other sectors of Turkey's dynamic economy, citizenship by investment opens doors to a world of possibilities. Secure your future in Turkey and discover the rewards of investing in a country that bridges continents and cultures. Begin your journey towards Turkish citizenship today and embark on a path to prosperity and fulfillment in this thriving nation.

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ilyas Bey

2024-06-14

Turkey's Citizenship by Property Investment program has gained significant popularity among foreign investors. This program allows individuals to obtain Turkish citizenship by making a substantial investment in real estate. Here’s a detailed look at how you can navigate this pathway to secure Turkish citizenship.Why Choose Property Investment?Property investment in Turkey offers several advantages:Real Estate Boom:Turkey’s real estate market is thriving, with increasing property values, especially in major cities like Istanbul, Ankara, and Izmir.Affordable Luxury:Compared to Europe and the US, luxury properties in Turkey are relatively affordable.High Rental Yields: Cities such as Istanbul offer high rental yields, making property investment financially attractive.Key RequirementsTo qualify for Turkish citizenship through property investment, you must:Invest at Least $400,000: Purchase residential or commercial property worth at least $400,000.Hold for Three Years: Commit to retaining the property for a minimum of three years.Independent Valuation: Obtain an official valuation report to ensure the property meets the minimum investment criteria.Steps to Acquire Citizenship1. Select a Property: Choose a property that meets the investment threshold. Work with a reputable real estate agent and lawyer to ensure all legal requirements are met.2. Make the Purchase: Complete the purchase process, ensuring that the transaction is documented and the property is officially registered in your name.3. Obtain a Residence Permit: Apply for a short-term residence permit, which is a prerequisite for the citizenship application.4. Apply for Citizenship: Submit your citizenship application along with necessary documents such as proof of investment, passport copies, and a clean criminal record certificate.5. Await Approval: Once approved, you will receive your Turkish passport and citizenship documents.Documentation NeededProof of Investment: Documents showing the purchase of property worth at least $400,000.Official Valuation Report: An independent valuation report verifying the property’s worth.Bank Receipts: Proof of payment made for the property purchase.Title Deed: Copy of the title deed registered in your name.Residence Permit: Proof of having obtained a residence permit.Criminal Record: Clean criminal record certificate from your home country.Benefits of Turkish CitizenshipVisa-Free Travel: Turkish passport holders enjoy visa-free or visa-on-arrival access to over 110 countries.Strategic Location: Turkey’s position at the crossroads of Europe and Asia provides significant travel and business advantages.Cultural Richness: Turkey offers a rich blend of cultural heritage, diverse cuisine, and a vibrant lifestyle.Economic Opportunities: A growing economy with numerous opportunities in various sectors, including tourism, technology, and manufacturing.Popular Investment DestinationsIstanbul: The cultural and economic hub of Turkey, offering high rental yields and significant property appreciation potential.Antalya: Known for its stunning beaches and tourism, making it a hotspot for holiday homes and rental properties.Bodrum: A popular destination for luxury villas and holiday homes, with a vibrant expat community.Ankara: The capital city, offering steady growth and investment potential in residential and commercial properties.Tax ConsiderationsNo Inheritance Tax: Turkey does not impose inheritance tax on foreign property owners.Double Taxation Agreements: Turkey has agreements with many countries to avoid double taxation, benefiting investors with international income.Potential ChallengesLegal Complexities:Navigating Turkish property laws can be complex; it’s essential to work with experienced legal professionals.Market Fluctuations: The real estate market can fluctuate; conducting thorough research and seeking professional advice is crucial.Language Barrier: While many professionals speak English, learning basic Turkish can be beneficial for smoother transactions.Future OutlookThe Turkish Citizenship by Property Investment program is poised to continue attracting foreign investors due to its strategic benefits and relatively low investment threshold. As Turkey’s economy continues to grow and its geopolitical importance increases, the advantages of holding Turkish citizenship are likely to expand.In summary, the Turkish Citizenship by Property Investment program offers a straightforward and advantageous route to acquiring Turkish citizenship. With its affordable investment threshold, thriving real estate market, and strategic benefits, this program is an excellent choice for investors seeking a high quality of life and significant financial returns. Whether for personal use, rental income, or long-term investment, Turkish real estate presents a compelling opportunity.

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ilyas Bey

2024-06-10

Buying property in Turkey is not only an excellent investment but also a gateway to obtaining residency. Turkey's real estate market is diverse and offers something for every investor, from luxurious city apartments to scenic coastal villas.Benefits of Buying Property in Turkey1. Residency Permit:Investors who purchase property in Turkey can apply for a residency permit.This permit is typically granted for one year and can be renewed as long as the property is owned.2. Pathway to Citizenship:Property owners can apply for Turkish citizenship if the property's value meets the required threshold ($400,000).The property must be held for at least three years.3. Investment Potential:Turkey's real estate market has shown consistent growth.Investors can expect potential appreciation in property values.4. Quality of Life:Turkey offers a high quality of life with its favorable climate, rich culture, and excellent amenities.Cities like Istanbul, Ankara, and Izmir provide modern infrastructure and vibrant communities.Steps to Buy Property and Obtain Residency1. Find the Right Property:Work with a reputable real estate agent to find a property that meets your needs and budget.Consider factors such as location, property type, and potential for appreciation.2. Purchase the Property:Complete the property purchase process, including legal checks and property registration.Ensure the property's value meets the criteria for residency or citizenship application.3. Apply for Residency:Once the property purchase is complete, apply for a residency permit.Submit the necessary documents, including proof of property ownership.4. Maintain Residency:Residency permits are typically granted for one year and can be renewed as long as the property is owned.Ensure compliance with all legal requirements to maintain residency status.Why Choose Turkey for Property Investment?Strategic Location: Turkey's location at the crossroads of Europe and Asia makes it a hub for business and travel.Economic Growth: A growing economy with strong real estate market potential.Cultural Appeal: Rich history, diverse culture, and beautiful landscapes.Affordable Living: Lower cost of living compared to many Western countries.ConclusionBuying property in Turkey is a smart investment that offers not only financial returns but also the opportunity to obtain residency and potentially citizenship. With its diverse real estate market and strategic location, Turkey is an attractive destination for global investors.

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ilyas Bey

2022-12-06

By Justin Mays:  The average rental prices in Turkey increased to 159 percent in the month of October 2022, reported the Hurriyet Daily News. A combined study conducted by the Center for Economic and Social Research (BETAM) at Bahcesehir University and sahibinden.com, a classified advertisements platform, indicated that rentals rose to 62.2 TL per square meter on average this year.  In Istanbul, Ankara, and Izmir the annual rent increase was 145.6 percent, 168.4 percent, and 158.6 percent, respectively. However, on average, the annual rental increase moderated from 166.4 percent in September this year.  The average rentals per square meter are 42.9 Turkish Lira in Ankara, 62.1 Turkish Lira for Izmir, and 88.8 Turkish Lira for Istanbul properties.  The demands of landlords renting homes are beyond the expectations of tenants. Some landlords are even asking tenants to bring a civil servant cosigner, someone with a fixed income, which is a requirement that a tenant cannot meet. A real estate agent in Ankara confirmed that 7 out of 10 people looking for apartments are coming back empty-handed as they fail to find a cosigner for the property they wish to rent.  The government in Turkey is taking strides to increase the number of houses to control the rise in rental prices in the country. A project called ‘My first home, my first workplace project’ was announced in November 2022, and 500.000 houses are being built, including 50.000 workplaces in 81 provinces.  Find Rental Property with Prime Property Turkey At Prime Property Turkey, we believe that renting or buying property should be easy and smooth. Our rental services are second to none. We have a variety of property types to rent from penthouses, apartments, holiday homes and even villas. Choose the rental period you want, and we will help you select the perfect property without any hustle. Contact us for all your property services, including interior design and home maintenance.  If you wish to rent out your property, our team is here to help you with that, ensuring that you get a tenant who will pay rentals on time and monthly. 

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ilyas Bey

2023-01-06

There has been an increase in demand for rental properties in Turkey’s large cities as more foreigners immigrate to the country. This demand is pushing for the increase of rentals in various cities especially Ankara, Istanbul, Bursa and Antalya. In as much as the gradient of the rental increase is slow, many tenants were affected immensely. The legal annual cap that was introduced by the government is 25%, however, some landlords ignore this by increasing the rentals exorbitantly throughout the rental contract period. In Istanbul, the rents increased by 144 percent to 10.299 TL in the past year, 154 percent for Izmir to 6.932 TL while in Ankara, the capital city of Turkey has an increase of 163 percent to 5.466 TL. Many Russians and Ukrainians have started moving to Turkey and have shown an interest in real estate investment since the war began in Ukraine. On the 16th of November 2022, the Turkish Statistical Institute (TUIK) reported that 1.16 million houses were sold in Turkey, a 6.7 percent increase from the previous year. TUIK also reported that 5.400 houses were bought by foreigners in 2022 indicating an 8.8 percent decrease from 2021. The Hurriyet Daily News reported that Russians, Iranians, and Iraqis bought most of the property, investing in 2.023 units, 498 units, and 310 units respectively. Most houses were sold in the largest city, - Istanbul, with 17.000 properties sold, 8.200 in Ankara and 6.300 properties in Izmir. House sales to foreigners in the first ten months of 2022 grew 27 percent year-on-year to 55.021 units. Sales for mortgage-financed properties dropped nearly 53 percent to 13.300 units last month on an annual basis.

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ilyas Bey

2022-09-29

By Justin Mays:Turkey celebrated another infrastructure feat in March with the inauguration of the 1915 Canakkale Bridge. This is the longest middle-span suspension bridge worldwide with a soan of 2,023 meters. It was built through the ingenuity of 670 engineers and 5000 workers to bring it to fruition. The design, construction quality, and technical knowledge it took to build mirrors are renowned architects who worked together on this project. Areas covered by Canakkale BridgeLinking Europe and Asia, the bridge spans the Dardanelles, a strait in the Çanakkale province between the Aegean Sea to the south and the Sea of Marmara to the north. Speaking at the bridge opening, President Erdogan noted that a new period is starting in which all transportation activities, whether by land, sea, rail, or air, will pass through Turkey. Infrastructure Developments in TurkeyInfrastructure development has seen a robust period in the last couple of decades in Turkey, with many new projects making ease of transport and travel a priority. Some exceptional projects include the new road linking Istanbul to Izmir, which shaves hours off the trip between the two cities, and fast-speed intercity and inner-city trains that make travel accessible for people to move around. Global Recognition of Turkey’s Developments Areas with poor infrastructure are also recipients of positive developments, with Turkey prioritizing local connectivity in inner Anatolia through dozens of tunnels and hundreds of kilometers of highways and bridges. The World Economic Forum has recognized Turkey in recent Global Competitiveness Reports with high rankings for transportation infrastructure and excellent road connectivity.

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ilyas Bey

2022-09-05

By Justin MaysTrust in the Turkish tourism sector continues to grow, with the Radisson Hotel Group, one of the largest chain hotel brands in the world, committing to more investment nationwide. Having identified Turkey as one of its top ten markets to invest in, Radisson aims to have 50 hotels with a capacity for 10000 beds by 2025, Turkey doubling its investment in the market here. Three new hotels will open this year in Bodrum, Izmir, and at Erciyes mountain ski resort close to Cappadocia. By next year they expect to open three more hotels in Istanbul and the Bursa province. Radisson Hotel Group Deputy Chairperson for Africa and Turkey and Business Development Director Ramsay Rankoussi shared his thoughts with the Turkish Daily Sabah.“Turkey is a focus country for our group and a precious market….There has been no change in our mission. We continue to implement our 5-year development plan similarly [regarding their investment plans for Turkey].”Rankoussi credited Turkey’s smart handling of the pandemic and its impact on the tourism sector as a leader in the region and said similar governmental support does not exist elsewhere in the Middle Eastern and African markets. He added in his Daily Sabah interview, “Turkey is much more ahead when compared to other countries in terms of keeping the borders open to reviving the tourism sector, the support given to the private sector and as a country making rapid decisions to ensure these policies.”The tourism season usually kicks off in Antalya in April. Turkey has committed to safe practices by prioritizing vaccinating employees in the tourism sector to ensure safe experiences for all. Foreign visitors seeking to buy property in Turkey can travel knowing safeguards are in place. For those not ready to get on a plane to find their dream homes for sale in Turkey, we are here to help you navigate the system from afar.

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ilyas Bey

2023-01-06

By Justin Mays: Residents in Turkey are finding it hard to find affordable rental properties due to the rising prices that are affecting the market in different cities of the country. President Recep Tayyip Erdogan assured the residents that his government will look into this issue. Official data showed that the Residential Property Price Index (RPPI) had an annual increase of 110% in the month of March. Authorities from the Treasury and Finance Ministry and the Environment, Urbanism and Climate Change Ministry, and Justice Ministry have scheduled a meeting to address the rent increment of residential property in Turkey according to one of Turkish newspaper, the Daily Sabah.This increase was fueled by rising inflation in the country which also led to the rising commodity and energy prices. Istanbul’s index climbed by 122% over the year and given data indicates that the city has a 9.8% rise month over month. The yardstick was up 111.7% and 105.9% on annual basis in the capital Ankara and the Aegean province of Izmir. On monthly basis, it increased by 9.6% and 10.6% in the two cities, respectively.The rents which began to rise in December 2021 after a sharp drop in the Turkish Lira - rose to 19.7% year-over-year in March 2022 according to the Turkish Statistical Institute (TurkStat). Regardless of the ascending prices, house sales have risen by 38.8% in April to 133.058 units from 95.863 in 2022. This trailed March’s figure with sales of 134,170, a 20.6% year-over-year increase.

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ilyas Bey

2022-12-27

By Justin Mays:The number of electric car (EV) charging stations is about to increase in Turkey. Talking to Anadolu Agency, Mr. Mustafa Yilmaz, head of Turkey’s Energy Market Regulatory Authority (EPDK) pointed out that electric car drivers will soon have access to public car stations as soon as the new regulations are endorsed.By the end of 2021, Turkey had over 6.000 electric cars and 3.500 charging stations. Istanbul, Ankara, and Izmir had the highest number of charging units with 1.265, 320, and 250 units respectively. One of the new regulations specifies that charging stations connected to a charging network will be charging kilowatts per hour. “Electric car charging services will be open to all users, with prices based on kilowatt-hours only. Stations cannot charge users any extra costs” Yılmaz said.Companies that wish to own an operator license must have a minimum of 4.5 million TL (305.850 USD) and need to be able to deploy a minimum of at least 50 charging units. 5% of the charging units must be fast chargers with the capacity of DC 50 kilowatts. On highways, there is also a requirement that 50% of the charging stations must have a minimum capacity of DC 50 Kilowatts. EPDK will soon establish an online platform called Free Access Platform that will allow users to get information regarding station locations, charging capacity, costs, payment methods, and make reservations for charging. Users of this application will benefit from 20% price discounts. Operating expense support will not be applied for the projects and non-refundable support will be granted for electric vehicle charging station investments, with up to 75% and 20 million TL (1.359.350 USD) under the new regulations.

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ilyas Bey

2022-03-07

By Justin Mays:Covid-19 cases have decreased immensely in Turkey, all thanks to the measures that the Turkish Ministry of Health imposed. A large number of people were vaccinated and there has been perpetual growth of mass immunity among the residents hence the ministry is discarding the outdoor mask requirement.The Minister of Health, Fahrettin Koca highlighted that when the room has adequate ventilation, people are not mandated to wear masks.“This should be the main principle; we are not completely removing the masks from our lives. We will still be carrying them to wear when necessary. We need to move from the phase where the entire society fights against the disease by introducing restrictions to a phase where people should act individually to protect themselves”, he said.Students who test positive for Covid-19 should be isolated but the rest of the students should keep going to school. The Minister also indicated that a decision to give citizens the fourth dose has not been made and there is no need to perceive Covid-19 as the pandemic as we did before. “If the fourth dose is necessary, it may be given to people at risk, those that are immunosuppressed”, said the Minister. People who do not have Covid-19 symptoms will not need to be tested and the coronavirus contact tracing system (Life Fits into Home), the HES code will no longer be requested when one enters a public building. The minister made it clear that some experts think that we are not out of the bush yet and it is early to make this decision. However, the public must continue to take precautions whenever they see that their health might be compromised. The public still needs to wear protective face masks in buses, planes, theaters, cinemas, schools, and health facilities.Minister Koca added that 8% of the people who tested positive for Covid-19 died while 92% had been diagnosed with other illnesses earlier. Statistics recorded in the first week of February 2022 showed that Istanbul had 717 Covid-19 cases, Izmir had 1.017 while had 1.323 cases.

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ilyas Bey

By Justin Mays:December 2021 proved to be a promising month for the Turkish Real Estate sector. The month had high sales in real estate compared to the previous months. Both locals and foreigners invested massively in property leading to a 113.7% increase in sales. The Turkish Statistical Institute (TurkStat) indicated that 226.503 houses were sold in December marking a 60% year-over-year increase. Turkish lira’s depreciation is one of the causes that led to the increase in sales. The Central Bank of the Republic of Turkey (CBRT) reduced the benchmark policy rate by 500 basis points to 14% from the month of September in the same year, a policy which was put up to lower interest rates and to boost exports and credit. Property that was sold on mortgage, amounted to 45.260 units, which is a 209.3% increase from the previous year. 276.223 houses were sold in Istanbul, followed by 144.104 in the capital city, Ankara. The Aegean province of Izmir had 86.722 houses sold. Real estate developers encouraged local buyers to invest in real estate after the central bank lowered its policy rate which led to cheap credit. TSKB Real Estate Valuation Manager, Makbule Yonel Maya said that Turks turned to real estate to safeguard their savings from inflation. In December, the Turkish lira hit a record by going low to 18.4 against the U.S dollar. "People have turned to real estate purchases from the moment inflation began to rise. Construction costs are consistently rising, this means housing prices are increasing, which support real estate investment", she said. Maya also added that people bought real estate in the last month of the year so as to avoid new year taxes and fees hikes. The drop of the lira led foreigners to buy property cheaper in hard currency which resulted in 7.841 properties being bought in December giving a year-over-year increase of 77%. More than 50.000 units were sold by November which gives 3.9% foreign sales throughout 2021 giving a 43.5% year-on-year increase. The places with the highest sales are Istanbul, the southern resort of Antalya, and Ankara with 26.469, 12.384, and 3.672 respectively. Nationals who bought the most units are Iranians with 10.056, followed by Iraqis with 8.661 and Russians who bought 5.379 units. Afghans bought 2.762 and Germans purchased 2.358 the same year.

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ilyas Bey

2023-01-03

By Justin MaysAttaining a degree that is recognized around the world is the best thing that can happen to any student. Turkey has gained a great reputation as a terminus for students who are looking for high-quality education in the world. The country has approximately 48.000 international students in its universities. Turkey has over 190 universities with global standards, offering opportunities to students who want to complete undergraduate, graduate, and post-graduate programs.There are many reasons why thousands register to learn at universities in Turkey. Turkey is a top holiday destination for many holidaymakers around the world hence some students come to Turkey to enjoy the advantage of visiting beautiful historical sights and tourism resort areas in the country, which is the sixth most visited tourist destination in the world. Turkey is rich in culture and some students who want to experience multicultural life choose this destination to complete their education.Turkey is part of the European Higher Education Area implementing a Bologna process which was signed in 1999. This means that all students can continue their education in other countries with (European Credit Transfer System) ECTS and they can get their diplomas recognized by other countries. Both public and private universities in Turkey follow the Bologna Agreement, which is used to standardize all degree programs across the European continent. To add to this, students who learn in Turkey have the advantage of benefiting from the Erasmus+ program (which a huge number of universities participate in) whereby students can participate in an international exchange program.The tuition fee in Turkey is lower compared to that of most European countries nevertheless, the quality of education is high. The cost of living in Turkey is low and there are also scholarships that cover travel costs, insurance, and also accommodation for students. There are many programs that are taught in English such as International Relations and Business Studies, so there is no need to worry if one is not willing to take Turkish programs. Major towns have a number of people that speak English so communication is not a major problem.The country has a number of universities that qualify in the global top-ranking list of high-quality universities and these include Yasar University, Istanbul Aydin University, Koc Univesity, Sabanci University, Bilkent University, Izmir University of Economics, Beykent University, and Okan University. Different universities have different requirements for international students to apply. One has a choice to apply for a state university or a private university. If a student chooses to enroll at a state university, he or she must pass the Foreign Student Examination (YOS). For students who prefer private universities, they should fill in an application, present their high school diploma, and passport.The languages used to teach students at universities are English, German, French, and Turkish. There is a year referred to as prep year in which students learn the English language upon enrolling at a university. Studying in Turkey has the advantage of learning Turkish, which is the fifth most spoken language in the world, which makes this a benefit to students.Most stores and tourist areas in the country provide discounts for students. Electronic device stores, museums, and the Metro bus have discounts for students in a secondary education institution. More so, Turkish Air Lines also offers discount rates to students who learn in Turkey. The Turkish transportation system has a good infrastructure and it is very commendable. Every student must have a transportation card that they use to travel during their period of study. One can obtain this card even when they are still in Primary school. To get a transportation card, one needs a student certificate, Photo, I.D, or passport. Lots of companies and establishments offer discounts to students who have a student email address; however, some students forgo this advantage because they think that the email address is for academic purposes only.

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ilyas Bey

2022-10-18

By. Justin MaysAs summer winds down, families are sharing photos across social media of smiling children about to start their first day of school as a new academic year begins in countries around the world. September 6th marks the first day of school in Turkey and schools throughout the nation are opening their doors for in-person learning. For newly arrived expatriate families, one of the biggest decisions to make is where to send their children to school. Insuring a bright academic future for your child will be a top priority when relocating to Turkey. Luckily Istanbul is host to a multitude of renowned international and local schools. Other cities like Bursa, Ankara, Izmir and Bodrum also have international schools but being smaller cities will not have the amazing variety that Istanbul does. There are international schools that use Arabic, English, French, German, Italian and lesser spoken languages as the primary language of instruction located throughout the city or easily reachable with transportation provided by the school. To help make up your mind on where to buy homes in Istanbul, we have complied a short list of some of the best options for you and your family. If you want an Arabic language education…-Al Fayez International School is accredited by the Turkish Ministry of Education and can be found in Bachesehir, Bagilar, Beylikduzu and Kartal. -Al Jazari in Kucukcekmece and Fatih has accreditation from the US and Turkey. -Ihsan International School is in Esenyurt and received accreditation from the State of California.If you want an English language education…-Istanbul International Community School is one of the oldest international schools in the world and offers IB programs with campuses in Rumeli Hisar (primary) and Buyukcekmece (middle and high school). -MEF International was founded locally and is popular with expat families. From preschool to high-school it also offers IB education from its campus in Ortakoy. -British International School offers British curriculum and IB programs at campuses in Etiler and Sariyer. If you want an French language education…-Lycee Francais Pierre Lotte has a historical campus in Beyoglu and Tarabya for children 3-18 and is part of the Agency for French Education Abroad. If you want an German language education…-Deutsche Schule Istanbul is located on a historical campus in Beyoglu with an active school community. If you want an Italian language education…-Liceo Italiano was founded in 1888 and is located in Beyoglu. This is just a short introduction to some of the options you will find as you search for the best school for your family. Turkey has many options for foreign language education with international curricula ready for you to explore and may even influence where you search for Istanbul properties.

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ilyas Bey

2022-10-18

By. Justin MaysNo one likes to think about being ill and being in a new place compounds the stress, discomfort and confusion surrounding poor health and medical emergencies. When moving to Turkey you can be assured of first-rate health services. Both public and private healthcare services are easily accessible and affordable with high quality doctors and care givers. After you invest in Turkey, deciding which insurance you want should be top of your list when you settle in. You can apply for Turkish State Health Insurance (SGK) after a year of residency in Turkey for nominal costs or immediately after completing your Turkish citizenship by investment requirements. Children under 18 can also benefit from their parents’ SGK, coverage for an entire family as of January 2019 stood at $350 USD. Private health insurance costs between $400 USD-$1800 annually dependent on the age and general well-being of the individual applicant. The more expensive options cover the priciest hospitals in Turkey like Acibadem and American Hastane. Even out of pocket costs are reasonable, medical related services and pharmaceutical costs in Turkey are extremely affordable in comparison to Europe and the USA making Turkey an especially attractive to retirees who would face steep costs in their home countries. Both state and private healthcare is easily accessible for expats and it is your choice to pick what plan is best. For the very best access to modern facilities, several urban and regional areas are good spots to move to: Istanbul, Antalya, Ankara, Izmir, Bursa, Mu?la, and Ayd?n are some of the top areas for health care treatments. There are several types of health care facilities to know about. Each town or village has a family health center (Saglik Ocagi Merkezi) which are similar to a local doctor’s surgery. State hospitals (Devlet Hastanesi) are larger and offer emergency services and specialist treatments. Although doctors here are professional these are often more crowded, and you are less likely to find someone who speaks languages other than Turkish here. Additionally, there are many private doctor surgeries and polyclinics that usually have better facilities. Private hospitals are of the highest standard and cost more but will more likely have services that are the most comparable to what you have in your native country. Once you’ve been diagnosed you may need medication which you will find at the local pharmacy (Eczane). Those with SGK will pay 10-20% of cost of prescriptions. Private insurance coverage varies dependent on your chosen plan. Most standard medication is cheaper than in Europe and the USA. Pharmacists also have the training to make recommendations and prescribe treatments when you walk in and some pharmaceuticals that you would need a prescription for back home will be available over the counter. There is no need to feel nervous about getting quality medical care in Turkey. There is a reason why Turkey has become a top destination for medical tourism and owning a property here will allow you easy access to some of the most modern healthcare worldwide.