Category Archives: News
Turkish Passport: Global Ranking, Types, and How to ob...
The Turkish passport is gaining attention for its global mobility and the opportunities it provides. With its growing influence on the world stage, it’s essential to understand the passport’s rank, types, visa-free travel options, and how property investment in Turkey can help you obtain one. Here’s an in-depth look at what you need to know about the Turkish passport. Global Rank and Power of …
Turkish Hairlines and Istanbul Real Estate Market
What is Turkish Hairlines ? Turkey has become a leading destination for hair transplants, and Istanbul is at the heart of this trend. With experts forecasting that around 1.2 million tourists will visit Turkey for hair restoration treatments this year, Istanbul real estate market is feeling the impact. Adding to the buzz, a recent film in Spain about Turkish hairlines has brought even more …
Turkey’s Housing Market Hits Record High in July...
In a remarkable turn of events, Turkey’s housing market experienced a significant surge in July 2024, marking the highest monthly sales for the year. According to the Turkish Statistical Institute (TÜİK), housing sales soared by 16.0 percent compared to the same month in 2023, reaching an impressive total of 127,088 units. This figure not only represents the highest monthly sales of the year but …
Istanbul’s Hotel Industry Shines in Europe
Recent data released by the Hotel Association of Turkey (TUROB) reveals a remarkable surge in Istanbul’s hotel occupancy rates, positioning the city among the top ten in Europe for July 2024. After several years of lagging behind in tourism, Istanbul has made a strong comeback, securing the seventh spot on a list of 35 European vacation destinations, outpacing popular cities like Barcelona, Budapest, and …
New Record From Istanbul Airport
Air Traffic Performance of Turkey: Istanbul Airport Leads Europe Significant Performance in Turkish Air Traffic Management for July 15th-July 21st Report of EUROCONTROL European Aviation Overview In Europe, Minister Uraloğlu said that Turkey became the 6th country with an average of 3 thousand and 959 flightsdaily in terms air traffic volume. Istanbul Airport was the first airport in Europe to handle 1,485 daily flights …
Moody’s Historic Upgrade Signals Strength in Tur...
Two-Notch Rating Boost Sparks Renewed Investor Confidence in Turkish Lira and Property Market ISTANBUL – In a landmark move, Moody’s Investors Service has upgraded Türkiye’s credit rating from “B3” to “B1,” marking the first-ever two-notch upgrade in the country’s history. This positive development, coupled with a maintained “positive” outlook, signals a significant vote of confidence in Türkiye’s economic trajectory and is poised to bolster …
A significant development in the Istanbul real estate ...
Transaction Published in Trade Registry Gazette In a significant development in the Istanbul real estate market, Nihat Özçelik, a notable businessman, has purchased a 57-acre plot from Ayedh Bin Farah Bin Al Mubarak Al Kahtani. Al Kahtani is the owner of Sumou Holding, one of Saudi Arabia’s leading real estate companies. The land, previously registered under Kilyos Investment LTD, has officially changed hands as …
BYD’s $1 Billion Investment Electrifies Turkish ...
ISTANBUL – BYD, the world’s leading manufacturer of new energy vehicles (NEVs), is making a groundbreaking move into Turkey with a staggering $1 billion investment in a state-of-the-art production facility. This landmark decision by the Chinese EV giant is expected to not only revolutionize Turkey’s automotive landscape but also spark an unprecedented surge in Istanbul’s real estate market. What is BYD: The Driving Force …