News Archive: property markets

14, 2012 May:

New bill sets Turkey property ready to roast

The temperature of Turkey's property market was turned up this week as the Turkish government passed a draft bill that allows more foreigners to invest in the country's real estate. The law, which also increases the amount of real estate a foreigner can own, is expected to prompt a gold rush of buyers from the Middle East and EU, with some agents predicting that investment will double to $5 billion each year.

02, 2012 April:

Istanbul poised for rental growth

The year is likely to see Istanbul undergo stronger capital and rental growth than London, according to a property investment company.

14, 2012 February:

Investor appetite grows as commercial foreclosures keep rising globally

While investor appetite rose dramatically towards the end of 2011, the level of distressed properties* coming to the market is set to keep on rising globally, according to RICS.

24, 2012 January:

Property prices in Turkey continue upwards

The prices of new properties in Turkey have been increasing steadily over the last 12 months and experts expect them to continue doing so in 2012.

09, 2012 January:

Istanbul surge as buyers eat up Turkey after Christmas

Istanbul property prices are surging as buyers remain hungry for Turkey after Christmas. Values of prime houses in the capital are rising, according to figures released by Castle Research. Strong appetite for apartments has driven up prices, with rents increasing by 10 per cent per year as investors gobble up Turkey's real estate.

15, 2011 December:

Istanbul property 'rivals markets in London and Paris'

The property market in Istanbul is in a position to "compete in every sense" with the likes of London and Paris, it has been claimed.

05, 2011 December:

Global housing markets struggling

The world's housing markets had a weak third quarter of 2011, according to the latest survey of worldwide house price indices prepared by the Global Property Guide. During the year to end Q3 2011, house prices fell in 25 countries (out of the 44 for which quarterly house price statistics are available) and rose in only 19.

24, 2011 November:

Brits account for 1 in 6 Turkish properties sold to foreign buyers

Recent findings have shown that around 1 in 6 Turkish properties sold to foreign buyers were bought by Brits in the last two months.

23, 2011 November:

Turkish property prices climb

The value of residential real estate assets in Turkey has risen, new research shows.

08, 2011 November:

Turkey voted Frommers favourite for 2012

Amongst a list of 10 destinations compiled by Frommers, Turkey was announced as the reader's top destination to visit in 2012, despite being up against strong contenders such as Paris, Italy and Hawaii.

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