Turkey's Economic Fortunes Brighten: Fitch Ratings has upgraded Turkey on Tighter Monetary Policies In a significant turn of events, Fitch Ratings has upgraded Turkey long-term foreign currency issuer default rating from "B" to "B+." This upward revision comes as a result of the country's proactive stance on monetary policy, aimed at reining in inflationary pressures. Fitch's decision underscores the...
Alanya Shined at the ITB Berlin Tourism Fair Alanya, known as Turkey's tourism capital, made a grand appearance at this year's ITB Berlin Tourism Fair from March 5th to 7th. The city showcased itself on the international stage with a meticulously designed 80-square-meter stand. Alanya Shined at the ITB Berlin Tourism Fair, continuing its reputation as one of the top tourist destinations in...
Retiring in Alanya: Spend Your Golden Years in This Oasis Have you ever imagined waking up to a gentle Mediterranean breeze and stepping out onto a balcony overlooking a sparkling turquoise sea? Can you picture strolling through vibrant bazaars filled with colourful spices and hand-woven crafts? Imagine spending your afternoons relaxing on pristine beaches or exploring ancient ruins steeped in rich...
A First-Time Buyer's Guide to the Alanya Property Market Alanya, a beautiful city on Turkey's southern coast, is known for its turquoise waters of the Mediterranean, captivating historical sites, and vibrant cultural scene. However, navigating the property market in a new country can be overwhelming for first-time buyers. But no need to worry, our comprehensive first-time buyer's guide to the Alanya...
Post-Pandemic Property Trends in Turkey: A Shift Towards Space, Comfort, and Investment The COVID-19 pandemic fundamentally altered the way we live, work, and interact with the world. This impact extended far beyond public health, significantly influencing the global property market, including Turkey's dynamic landscape. Let's delve into the post-pandemic property trends in Turkey, exploring how buyer...
Turkish Coastal Living (Alanya & Antalya) Dreaming of waking up to breathtaking sea views, crystal-clear waters lapping at the shore, and sunshine warming your skin year-round? Look no further than the stunning Turkish coast! Here, nestled amidst ancient history and captivating beauty, Alanya and Antalya offer unparalleled Turkish coastal living unlike any other. The Turkish coastline boasts a...
Turkey's Tourism Surge: Exploring the Allure of Istanbul and Antalya Turkey is a popular destination for tourists due to its beautiful landscapes, rich history, and vibrant culture. Recently, Istanbul and Antalya have gained worldwide attention, resulting in Turkey's Tourism Surge. Turkish Cities in the Spotlight As per the UN World Tourism Organization, international travel has been progressively...
Turkey Attracts Over $10 Billion in Foreign Investment Despite Global Slowdown Exciting news for Turkey! The Central Bank of the Republic of Türkiye (CBRT) has announced a significant increase in foreign direct investment (FDI) in 2023, Turkey Attracts Over $10 Billion in Foreign Investment. This is a positive indication for the Turkish economy, particularly given the current global climate of decreasing...
Decoding the 2024 Rental Income Tax for Property Owners in Turkey With the looming tax season, property owners in Turkey are buzzing with anticipation, especially those who earned more than 21 thousand TL in rental income last year. As the declaration period kicks off, numerous questions arise regarding the specifics of the 2024 rental income tax. In this blog post, we'll delve into the essential details...
Turkey Ranks 3rd among Russians' Housing Preferences! Russia's interest in Turkish properties has become more prominent in the global real estate market. According to official data from Yandex Nedvijimost, Turkey Ranks 3rd among Russians as the preferred location for housing. This finding is part of a larger study that examines the countries where Russian nationals are actively searching for...
