Tourism
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The attention of investors in Istanbul is attracted by the new Nival Florya project, about the beginning of construction of which we wrote, a branded complex from Nivak Group. It is distinguished from others by unusual "horizontal architecture" style properties, including four-storey ones. Many of them have their own terraces and gardens. The area...
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Turkish developers have implemented projects worth $4.3 billion outside the country, although the domestic market faces some difficulties. In particular, the requirements for developers will be reviewed. The largest housing stock for sale is located in the Marmara region, but there is a shortage in Northern Cyprus, which is experiencing a surge in...
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The new summer season in Turkey has started. As inflation is strong, hotels and other properties have raised prices. Many people who want to relax cannot afford it, at least for the local population. In addition, many people planned to go on holiday after breaking the fast, which ended in Turkey a week ago. As a result, more and more of the...
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Cyprus, the third-largest island in the Mediterranean region, after Italian Sicily and Sardinia, is increasingly attracting the attention of international property investors. There is a serious demand from Europeans, Balts, Iranians and Russians in the TRNC (Turkish Republic of Northern Cyprus). The number of land plots for development in Northern...
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The Wyndham Hotels&Resorts international hotel chain has announced that it is going to expand in the Turkish market bringing the number of hotels under their own brands to 150 by the end of 2025. So, in addition to 111 hotels, another 39 are expected to open in the country. The portfolio of Wyndham Hotels& Resorts includes 9,200 hotels in...
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The media announced the number of hotels in Turkey in this new tourist season. As of the end of January 2024, the number of hotels certified by the Ministry of Culture and Tourism of the country has exceeded 21,000, and the number of places will soon exceed 1.8 million. This is 1,790,976 residential lots, excluding rooms in guest houses and villas...
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According to users, TripAdvisor has updated the list of the best 5* hotels in Turkey. Based on the 2024 evaluation, they were deemed: 1st place — Lara Barut Collection 2nd place — Conrad Istanbul Bosphorus 3rd place — Concorde De Luxe Resort 4th place — Hilton Istanbul Bomonti Hotel & Conference Center 5th place — Rixos Premium Belek — The...
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There is the light at the end of the tunnel: foreigners were promised to make the procedures of obtaining a residence permit much easier. However, there is no question of opening areas that are closed for obtaining a residence permit under TAPU and lease agreements. Nevertheless, the authorities intended to return tourists who left the country...
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A selection of the most relevant real estate market news in Turkey is in our weekly digest. Experts advise not to delay the purchase of housing: the average cost of 1 sq. m has exceeded $1,000 in the country. Locals are increasingly buying land plots to build more budget houses instead of buying expensive residences. The cost of land is steadily...
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Turkey is a country with incredible beaches, a vibrant culture, delicious cuisine and historical sites that have witnessed the rise and decline of civilizations for centuries. It is a destination for adventurers, tourists, water sports enthusiasts and city dwellers. Everyone can find something personally appealing here and have an unforgettable...
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