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

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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.

 

Dalaman opened up to Scottish consumers

Sunday, August 24, 2008

Recent connectivity improvements have made Dalaman region of Turkey a far more accessible destination, according to reports.

Direct flights to Dalaman from Aberdeen will start from May 2009, according to budget airline Flyglobespan. The budget airlines which will operate the service once a week, is expecting the new service to be a great success. The consumers in the vicinity of the Scottish city will find Dalaman far easier to reach, which could enhance its appeal among prospective holidaymakers and business travelers.

This suggests that Dalaman is likely to attract a greater number of Scottish visitors next year, a development which could boost demand for rental accommodations in the region.

Visitors from British Isles fly to Dalaman as it serves as a gateway to other seaside resorts such as Dalyan, Oludeniz, Marmaris, Fethiye, Koycegiz and Hisaronu. Accordingly the Dalaman region is a more attractive option for buy-to-let investors to consider.

Gail Holden, commercial development manager of Midland airways commented that the Turkish market has become highly "sophisticated" now and all the carriers should be in peak form in order to compete. The comments are encouraging for property investors as the competition reflects the strong appeal of the country.

This comes after the news that the Association of British Travel Agents (ABTA) has revealed that the number of bookings for trips to the country has increased by 20 per cent this year.

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posted by EstatesNewz, 12:26 AM 0 Comments | Links to this post

Turkey outshine Spain in late bargains market

A growing number of holidaymakers in the UK are choosing to book trips to Turkey, according to The Co-operative Travel.

The Association of British Travel Agents (ABTA) stated that while the mainstream holiday destinations such as Spain remain very popular, a growing number of people are looking for non-Eurozone countries as they offer favourable exchange rates. Turkey is benefiting from this trend, as bookings have gone up by 20 per cent this summer.

According to the Co-operative Travel report, Dalaman is the number one foreign holiday destination for Brits this summer along with Bodrum. In fact, the Turkish destinations came ahead of the Algarve and Cyprus in a list of this year's hotspots for British tourists. Tourism officials in Turkey have revealed that the sector has experienced growth and they expect to end this year with 27 million tourists. The visitor numbers in popular tourist spots like Antalya, Mugla, Izmir and Istanbul are nearly 20 per cent up on the same time last year.

Trevor Davis of The Co-operative Travel has said that this year the high euro and a shortage of availability as major tour operators are offering fewer services to Spanish destinations this summer which means that the normal late deals aren't available.

Meanwhile, Hurriyet has cited the data from the Turkish tourism ministry which has revealed that the country attracted 7.3 million visitors between January and May 2008.

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posted by EstatesNewz, 12:21 AM 0 Comments | Links to this post

Turkey plans promotional campaigns overseas

Sunday, August 17, 2008

Tourism authorities from Turkey have outlined their intention to raise the profile of the country overseas and are now in Beijing to launch a major promotional campaign, according to local media.

The Turkish Daily News has reported that nearly £730,000 will be spent on marketing the country to an international audience throughout the Olympic Games. Billboards and posters for Turkish towns and cities will be placed in various places across Beijing, including shopping centers and other public spaces. Besides, promotional films will be shown on shuttle buses between the city centre and Beijing Airport.

Commercials and Ads of Turkish towns, beaches and golf courses will also be displayed in public transports, petrol stations, hotels and lifts in order to attract more visitors. The government-funded promotional campaign should make places like Antalya, Izmir and v as attractive locations for holiday home buyers who want to enjoy leisure pursuits while overseas and this campaign will be carried out until the end of September. The main focus will be on highlighting Turkey’s natural and cultural diversity and this would help it to illustrate the modern lifestyle of Turkey.

The Turkish Daily News also reported that about £71 million will be invested on marketing the country in places such as the UK, the US and Spain. Consumers in South America, Australia and South Africa will also be targeted by the drive, which will spotlight different parts of the country. The government wants to project Turkey as a year-round holiday destination.

This could also stimulate growth in Turkey's housing market, a development which would possibly attract the attention of foreign property investors.

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posted by EstatesNewz, 11:00 PM 0 Comments | Links to this post

Turkish International Relations boosts property market

Saturday, August 9, 2008

Turkey is found positively aligning more and more with Africa and also strengthening its international ties by developing relations with Europe, according to reports.

The positive factor driving the appeal of investment property in Turkey is the development of Turkish international relations. The Turkish officials are certainly continuing to align policies and plans with those acceptable to the EU and also last year Turkey cemented political and economic friendship ties with Asia and Africa.

The government has committed to a series of infrastructure improvement and expansion plans to open up the market to more overseas investors and there is infinite potential for growth and profit in the travel and tourism industry in Turkey. Foreign direct investment in Turkey is rapidly increasing and in 2006 alone almost USD 16 billion was invested in Turkey in the form of FDI.

According to the Independent, the country's emergence on the worldwide stage in recent years and already it has good export levels in place with Europe. This combined with its unique geographical position between Europe and the Middle East countries and its cultural and religious understanding with many Asian and Arabic nations makes it is strategically well placed for acting as a bridge between eastern and western understanding.

Independent analysts Amberlamb has stated that Turkey is set to become one of the most important nations in the world in the future as it manages to bring together in harmony different cultures, beliefs, religions and ethnicity which the overseas investors should not ignore.

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posted by EstatesNewz, 5:04 AM 0 Comments | Links to this post

Turkey set to attract more holidaymakers from Israel and Iran

Turkey is likely to attract a greater number of holidaymakers from Israel and Iran this year, according to new figures.

TurkishPress.com has cited Izmir Adnan Menderes Airport reports which revealed that in the first half of 2008, a total of 2,222 Israeli people arrived in Turkey. This is a significant increase because during the same period of 2007, a total of 64 Israeli people arrived in the region. The transport hub observed a similar trend among Iranian leisure travelers, as visitor numbers have up from 194 last year to 1,722 in 2008. These signify an increase of 3,372 per cent and 788 per cent respectively.

Commenting on this development, the airport said it is a result of the effort of government in promoting Turkey in both Israel and Iran. Turkey is currently benefiting from significant investment by the government in popular tourist destinations in order to make them as more desirable locations. This has created new opportunities for overseas buyers who hope to collect rental returns from buy-to-let housing aimed at tourists. In addition, Turkey’s appeal as tourist hotspot also pushes house prices upwards.

This comes during a period in which Turkey is attracting a growing number of visitors from Ukraine. According to the Kyiv Post, 590,000 people from Ukraine visited Turkey during 2007.

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posted by EstatesNewz, 4:05 AM 0 Comments | Links to this post

Dalaman worthy of closer inspection

Tuesday, August 5, 2008

Foreign property investors to look for possible investment opportunities in Turkish city of Dalaman, it has been reported.
Dalaman
Foreign Property Buyer stated that the Dalaman region is opened up by low-cost airline easyJet, as it has begun operating direct flights to Dalaman from London Gatwick Airport. The improved accessibility is likely to lead to an influx of holidaymakers and investors which in turn will push up demand for rental accommodation in the area. A spokesperson for Foreign Property Buyer has commented that property prices and rental prices are likely to grow in the region and the frequent flights offered by easyJet may make it as an attractive location for buyers who want to purchase a holiday home overseas.

Dalaman, a stopover destination earlier is increasingly gaining reputation more than that now. The new airport, easy accessibility, cheaper prices and infrastructure improvements have continued to attract tourists making it as a favored destination. Dalaman is also worthy of closer assessment as it offers several attractive inducements for overseas property buyers, including a strong tourist trade that is driving rental demand.

Easyjet have increased the frequency of the flights to five times a week from May 2008 due to growing demand. 60,000 passengers are expected to visit Dalaman over the next year and this could potentially make the region more attractive to foreign property investors who want to enter the rental market.

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posted by EstatesNewz, 6:07 AM 0 Comments | Links to this post

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.

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posted by EstatesNewz, 2:39 AM 0 Comments | Links to this post

First-time buyers turn towards towering Turkey

First time visitors and First-time buyers are starting to turn towards Turkey, their confidence boosted by wide variety of attractions and affordable property prices, research shows.

National Savings and Investment found that 25 per cent of the British people would consider buying abroad where property is cheaper in order to get their foot on the property ladder back in the UK. James Caldwell, director at Fairinvestment.co.uk has stated that investors find cheaper property prices and a lower cost of living in sunnier climets which could make buying their first home more affordable while they continue a high quality of life.

Ahmet Barut, head of the Turkish Hoteliers Federation, believes that Turkey will attract a substantial number of first time tourists this summer. He also added that the weakness of the pound against the euro has made holidaying within the eurozone more expensive. Turkey has attracted more than 23 million holidaymakers last year and upto ten per cent rise is expected in the number of tourists visiting Turkey this year.

TurkishPress.com has reported that Turkey is now being widely regarded as a good-value alternative to traditional European markets. The better quality of life, lower cost of living and the relative affordability of residential property are proving a draw to first-time buyers.

The house prices on the Turkish Riviera are on the rise and would eventually match those in comparable European tourist hotspots such as Greece, Spain and Italy. Property investors who choose to buy a holiday home on the Turkish Riviera could also be making a profitable long-term investment as properties in the coastal resorts starts from £35,000 with realistic capital growth along with a rental yield opportunity.

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posted by EstatesNewz, 2:33 AM 0 Comments | Links to this post