Spot Blue Property News - Page 36
Natalie
The Turkish Government has abolished VAT on property purchases for foreign buyers, as the country attempts to attract more international investors. The new law means that foreigners are exempt of VAT on the purchase of either a house or office in Turkey, with the condition that they make their acquisition…
Richard
Turkey’s real estate market is poised for a turnaround in international sales this year, thanks to a new citizenship law for foreign investors, said Spot Blue International Property in January, adding that the weakness of the Turkish lira will add to the appeal of investing in Turkish property. Foreigners who…
Offering citizenship to non-Turks who buy homes in Turkey should double the value of the country’s foreign real estate market, according to property companies who attended a recent exhibition in Azerbaijan. Around 23,000 properties valued at circa $5billion were sold to foreigners in Turkey during 2015, however property firms who…
Gulf States continue to drive Turkish market, while UK confirms long-term trade commitment
2 mins read
July’s failed coup appears to have done little to dampen long-term foreign interest in Turkey, after representatives from the Turkish Chambers of Commerce in the UK (TBCCI) expressed their on-going confidence in Turkey, while interest from Gulf nations continues to drive the Turkish property market. Chairman of TBCCI, Emma Edhem,…
The Turkish city of Bursa, including its coastal suburbs, is gearing up to become a property hot spot, following the completion and imminent opening of a landmark road bridge over the Marmara Sea, which will drastically cut journey times to Istanbul, said Spot Blue International Property in May 2016. Bursa,…
Three Turkish cities are among the world’s 20 highest performing cities in terms of house price growth, including Istanbul ranked third, according to a new report by a leading international real estate consultancy. Property prices in Istanbul grew by 25 per cent between Q4 2014 and Q4 2015, according to…
Uncertainties in the global economic outlook combined with recent changes to tax rules are unsettling the London housing market, says agents in the capital, adding, however, that the weakening Pound should make it more attractive to foreign investors. According to research firm LonRes, the volume of transactions in Knightsbridge &…
House prices rose more in Turkey than in any other mainstream real estate market during 2015, according to a report from international property consultancy Knight Frank. Recording growth of 18.4% puts Turkey top of Knight Frank’s most recent Global House Price Index, which compares average house prices in the fourth…
Flagship Barbados resort champions Caribbean property market with international awards and expansion plans
2 mins read
Anyone looking for the crème-de-la-crème of Caribbean property should have the Royal Westmoreland resort in Barbados at the top of their list. The famous estate, located in Barbados, cemented its position as one of the world’s most desirable residential leisure resorts with two awards at the International Property Awards 2015-2016,…
Spot Blue International Property has been recognised as one of the most influential users of social media in the overseas real estate industry, with the on-line property agency occupying the top spot of an independent social media ranking and featuring consistently highly in another. As of February 2016, Spot Blue…
Confidence mounts in French Alps, as savvy buyers look to smaller resorts for deals Buyer confidence will continue to grow in the Alpine property market during 2016, according to ski property specialist Skiingproperty.com, with France spearheading demand from international investors. Encouragingly, 2015 saw a rise in releases of new-build apartments…
Spot Blue International Property has been awarded a top Five Star rating and crowned ‘Best Real Estate Website – Turkey’ at the prestigious European Property Awards, confirming the company’s position as a leader in today’s highly competitive overseas property market. Winning the award, announced in London on September 22nd 2015,…
