Turkish Real Estate Real Estate in Turkey

Turkish Real Estate News
Property Market Trends and Reviews

Keep up to date with Dynamic Turkish Properties and Real Estate Market.

Turkey Property Market
Turkey is a world known destination for vacation, investment and retirement. The Turkey Real Estate and Property News Blog is a resource center for property investors. You will find a wealth of information on topics including property selling, buying, rentals, real estate agents, turkey housing market updates, mortgages, home loans, relocating, Turkey real estate investing, trends, latest news and professional reviews. Find property buy and sale information for all of Turkey including Belek, Side, Alanya, Antalya, Kemer, Kas, Kalkan, Fethiye, Istanbul.

 

2008: A record year for Turkish tourism!

Sunday, August 3, 2008

Tourism officials in Turkey have revealed that 2008 could be a record year for Turkey's investment and tourism sectors.

The Turkish Daily News has cited figures from the Turkish Hotels Federation that the number of foreign arrivals went up by 15 per cent on a year-by-year basis. Ahmet Barut, chairman of the organization has said that this is a pleasing development .He predicted that the sector will continue to grow and the overall annual visitor numbers will reach the 27 million mark this year.

Turkey ranks an impressive 8th in The World Tourism Organization's (WTO) table of the world’s highest earning tourism sectors. Overseas property investors will benefit from a surge in the number of people visiting Turkey as Owners of rental accommodation in Turkey could be set to see high occupancy rates.

The Turkish Daily News has stated that Turkey has become popular with overseas property buyers and the publication has pointed out that investors who choose to buy a holiday home on the Turkish Riviera could also be making a profitable long-term investment. Andrew Gibson of Directholidaybookings.co.uk has said that that Turkey is attracting more attention from tourists from UK because the pound has slumped to a record low against the euro.

The Turkish Press revealed that during the first three months of 2008, the tourism sector generated about £1.4 billion which was 28.5 per cent higher than the figure recorded in the first quarter of 2007. Thee findings make it more attractive to foreign property buyers, as house prices are being pushed upwards. Therefore, investors who enter ahead of the main period of price appreciation could make the most out of their purchase.

This comes after the news that Guardian has recently reported Turkey as a good destination for British holidaymakers to consider.

Labels:

Social Bookmarking
 Add to Del.icio.us Digg this article Add to 

Myweb.Yahoo!  Stumble it Add to Newsvine Add to 

Google bookmarks Add to Propeller
posted by EstatesNewz, 2:39 AM

0 Comments:

Add a comment