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Brits opt for Turkey than Spain

Sunday, January 18, 2009

Turkey has now toppled Spain as the most popular destination for British holidaymakers, a survey has revealed.

According to the research from the Co-Operative Travel, Turkey is closing the gap with Spain regarding holiday stakes.

Turkey has seen bookings rise by eight per cent in the last 12 months. The research revealed that Dalaman now holds the number one spot, with Majorca second, Crete third and Bodrum in fourth place. It is the first time since the birth of the package holiday that Spain has failed to top the tables.

Trevor Davies, Head of retail at Co-operative Travel said that as prices have increased in Spain, Turkey has become popular in recent years as holidaymakers believe it offers better value for money.

Investors thinking of purchasing a rental property in Turkey may be able to look forward to healthy yields as research by Travelsupermarket.com found that 1.8 million Brits are planning to travel abroad in 2009, compared to 1.5 million in 2008. With its year round good climate, beautiful beaches and increasing interest from European travelers looking to make the most of their currency, homeowners leasing out their houses can look forward to substantial returns.

Meanwhile, Liam Bailey, global markets expert at Property Wire, commented: "booming tourism means that eight per cent average rental returns can easily be exceeded on good units in the most popular areas in Turkey."

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posted by EstatesNewz, 12:15 AM

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