Rental potential is a fiscal fact in Turkey
Thursday, July 3, 2008
Rental investors in Turkey could be set to witness a surge in occupancy rates in the next few months, according to experts.
Vural Oger of Oger Tours on an interview to Hurriyet has stated that the number of European holidaymakers is expected to increase as much as ten per cent this year and there is likely to be a significant increase in the number of German visitors possibly of about six per cent. As a result, demand for rental accommodation will increase and generate higher returns for property owners.
Rumi Dogay of the Pamucak Union of Tourism Investors Speaking to TurkishPress.com said that many holidaymakers in the continent opt to visit Turkey this year as many traditional European destinations are on the brink of an economic recession. As a result, Turkey is benefiting appreciably and is expected to attract a record number of holidaymakers in 2008.
TurkishPress.com reported that Turkey attracted more than 23 million foreign leisure travelers last year and it is likely to increase this year. The tourist sector has generated about £1.4 billion in the first 3 months of 2008. This has made Turkey more attractive to foreign property buyers and house prices are spiraling upwards.
Turkey was singled out by the Guardian as a good destination for British holidaymakers to consider because the pound has slumped to a record low against the euro.
Social BookmarkingVural Oger of Oger Tours on an interview to Hurriyet has stated that the number of European holidaymakers is expected to increase as much as ten per cent this year and there is likely to be a significant increase in the number of German visitors possibly of about six per cent. As a result, demand for rental accommodation will increase and generate higher returns for property owners.
Rumi Dogay of the Pamucak Union of Tourism Investors Speaking to TurkishPress.com said that many holidaymakers in the continent opt to visit Turkey this year as many traditional European destinations are on the brink of an economic recession. As a result, Turkey is benefiting appreciably and is expected to attract a record number of holidaymakers in 2008.
TurkishPress.com reported that Turkey attracted more than 23 million foreign leisure travelers last year and it is likely to increase this year. The tourist sector has generated about £1.4 billion in the first 3 months of 2008. This has made Turkey more attractive to foreign property buyers and house prices are spiraling upwards.
Turkey was singled out by the Guardian as a good destination for British holidaymakers to consider because the pound has slumped to a record low against the euro.
Labels: Investment-property, Rentals, Travel
