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Economists & writers will long argue about the causes & consequences of the economic crisis, but a real estate business has no such luxury as time for reflection.
An increasing number of events dedicated to the elite segment of real estate are proving the fact – the crisis has been overcome & a new [...]
Over two thirds (75 percent) of expatriate Britons living in EU countries are considering returning to the UK due to the effects of the economic crisis according to a recent survey.
Fears over job security falling European property prices and the strength of the Euro are forcing many to reconsider their options according to a [...]
A prominent Turkish painter has made his doctor in Bodrum very happy by giving her one of his paintings in a show of appreciation.
Internationally renowned painter Burhan Doğançay, whose work “Mavi Senfoni” (Blue Symphony) was sold for 2.2 million Turkish Liras at auction in Istanbul last month, has presented a painting to Nüket Vural, an orthopaedist [...]
As the electricity distribution and sugar factories privatisation tenders of 2009 gain speed it appears that by the end of 2010 the majority of electricity distribution tenders will have been finalised in Turkey.
In the final quarter of this year tenders were realised for the Çoruh, Osmangazi, and Yeşilırmak Electricity Distribution regions as well as [...]
A municipality in Bodrum is encouraging creative minds to design sea vehicles that have a minimal negative effect on the environment.
“Design a sea vehicle & win a seaside holiday.” That’s the lure the Turgutreis Municipality is using to announce the 2010 “Eco-siklet” competition to university students throughout Turkey, introducing a new concept in the country. [...]
Keen overseas investors and holiday-home buyers for early 2010 have been recommended to consider Turkey as an ideal location. The number of holidaymakers in Turkey is on the increase, particularly from the UK, due to the pound’s strength against the Turkish lira compared to the Euro.
The three locations that were specifically mentioned were Bodrum, Dalaman [...]
Even though the real estate sector continues to feel the negative after effects of the global financial crisis and is expected to regain pre-crisis levels by as late as 2012, sales of property in Turkey rose by 24% in the first nine months of the year compared to the same period last year thanks to [...]
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Speaking to the Anatolia news agency, Boysanoglu said that construction and real estate in Turkey are the first to be affected by economic crises and recover less quickly than other sectors.
The negative impact of the last financial crisis, which began in 2001, to affect property in Turkey lasted at most a year, he said. Housing [...]