Istanbul Airport Excitement in Turkish Real-estate Sector

Real Estate Press Releases Thursday April 4, 2019 09:14
ISTANBUL--4 Apr--PRNewswire/InfoQuest
  • All flights in Istanbul, will be transferred to ?stanbul New Airport by 6th April. This news raised excitement in leading sectors of the Turkish economy including aviation, tourism and real-estate

Istanbul Airport has been officially opened on 29th October 2018 and the mobilisation of the airport will be completed in the first week of April. Istanbul Airport will be one of the strongest airports in the world with an annual 200 million passenger capacity.

Istanbul has been a bridge between east and west, Europe and Asia throughout the history. With this new airport, the city is now more active in the aviation sector. Bayram Tekce, Chairman of Antalya Homes Emlak Inc., the leading real estate company that operates in different regions of Turkey, defined Istanbul Airport as the new driving power for the Turkish economy and real-estate sector.


Tekce stated that Istanbul Airport is a strategically important project for Turkey by saying that such projects will increase the brand value of ?stanbul for more investment and this new airport will consolidate ?stanbul as a "HUB" in international civil aviation:

"Projections show that Istanbul Airport will employ approximately 225,000 people in 2025 with a $4.2 billion household income contribution. This mega project will have approximately 4.9% share in GNP. These numbers alone can reveal how important it is for Turkey."


Istanbul Airport, as one of the most important investments of Turkey, will positively contribute to real-estate and tourism sectors. Tekce explained that Turkey is ranked top in property purchases by foreigners and foreigner interest will significantly increase in buying property in Turkey:

"Last year, in Turkey, 40,004 properties were sold to foreigners. In the first two months of 2019, sales increased by 87% compared to the same period of the previous year. This year, sales will accelerate even more with ?stanbul Airport. ?stanbul is a top destination for foreigners to buy Property in Turkey. Last year, 14,270 properties were sold to foreigners in ?stanbul. We predict that this number will double in the next 3-years and reach 30,000 per year. We believe that we will have a success story with our offices in ?stanbul, Antalya and Trabzon."

Tekce expressed that Istanbul Airport will be the driving force of Turkish economy:

"According to a PwC study in England, each 10% increase in a country's seat capacity in aviation has a 1% contribution to short-term economic growth. Recent developments show the importance of economic growth. PwC's study alone reveals the importance of Istanbul Airport."

Mehmet Yilmaz
+44 7470636207

Latest Press Release

มหกรรม CBD-IBCTF (เซี่ยงไฮ้) โฉมใหม่ ปิดฉากสวยงาม ด้วยความร่วมมือกับ MACALLINE

มหกรรม China International Building & Construction Trade Fair หรือ CBD-IBCTF (เซี่ยงไฮ้) ประสบความสำเร็จอย่างงดงามกับรูปแบบการจัดงานโฉมใหม่ ภายใต้ความร่วมมือระหว่างบริษัท China Foreign Trade Guangzhou Exhibition General Corp. (CFTE) และ MACALLINE...

Upgraded CBD-IBCTF (Shanghai) Co-hosted by MACALLINE Makes Debut

Following the partnership between China Foreign Trade Guangzhou Exhibition General Corp. (CFTE) and leading Chinese home furnishing mall chain brand MACALLINE, the upgraded China International Building & Construction Trade Fair (CBD-IBCTF (Shanghai)...

Dusit Princess Residences Dubai Marina set to open at the end of April

Rebranded property replaces the Dusit Residence Dubai Marina under new franchise agreement Dusit International, one of Thailand's foremost hotel and property development companies, has signed a Franchise Agreement with Al Masar Hotel Management LLC, to...

ZValley ลงนามความร่วมมือกับ Trans Elite ที่งาน bauma 2019

บริษัท ZValley Technology (ZValley) บริษัทอินเทอร์เน็ตอุตสาหกรรมของ Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) ลงนามในบันทึกความเข้าใจ (MOU) กับบริษัท Trans Elite Group (Trans Elite) ของมาเลเซีย ในงาน bauma 2019 ZValley และ...

Reach millions of customers, launches its new product Uoolu Global Selling Store for real estate developers

On April 3, 2019,, the largest cross-border real estate transaction platform in China, launched the new product Uoolu Global Selling Store with its global websites of 135 countries and regions, to help global real estate developers to sell...

Related Topics