Expanding Tourism Year-Round: The "Century of Tourism" Project The Association of Turkish Travel Agencies (TÜRSAB), in collaboration with the Ministry of Culture and Tourism, has launched an ambitious initiative called the "Century of Tourism" project. This initiative aims to transform Turkey’s tourism landscape by promoting year-round tourism and attracting high-income visitors to the country. The...
A Comprehensive Guide to Buying Under-Construction Property in Turkey When a property is under construction, it signifies that the building process is actively ongoing. This can encompass a range of projects, from residential apartments to commercial spaces. These properties are not yet ready for occupancy but are being built and developed. This is a Comprehensive Guide to Buying Under-Construction...
Turkey Shines as Global Leader in Blue Flag Beaches Turkey has once again secured its spot as the third-ranked country globally for Blue Flag beaches, proudly boasting 567 Blue Flag-designated beaches this year. Mehmet Ersoy, Turkey's Culture and Tourism Minister, shared the news on social media platform X, celebrating the nation's consistent success in the Blue Flag awards. He emphasized that Turkey...
Turkey Emerges as Southern Europe's Leading Tourism Destination Turkey has cemented its position as a top-performing country in travel and tourism, both globally and in Europe, according to the Travel and Tourism Development Index (TTDI) 2024 report, Turkey Emerges as Southern Europe's Leading Tourism Destination. The latest index, published by the World Economic Forum (WEF) in partnership with the...
Foreign Investors Flock Back to Turkey: Vanguard Sees Opportunity Foreign Investors Flock Back to Turkey, ramping up their involvement in the country, focusing on local bonds and credit default swaps (CDS) as the country’s monetary policy normalization continues to gain momentum, according to experts and analysts. Nearly a year ago, President Recep Tayyip Erdoğan, fresh off an election victory,...
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...
