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The hottest ticket this summer is a holiday in Turkey

Wednesday, May 6, 2009

The hottest ticket this summer is a holiday in Turkey and it's no surprise why thousands of Brits are expected to visit this non-euro destination in 2009, according to a travel operator.

Thomas Cook, Europe's second largest travel operator has stated that Turkey is the ideal family holiday location and the key appeals of a Turkish holiday this year is affordability. The country is not part of the euro zone and Turkish accommodation remains affordable as the cost of living is low. There are several discounted package holidays now available particularly for those willing to book at the last minute.

Recent figures from the Ministry of Culture and Tourism revealed that Tourist arrivals have risen steadily over the past few years. Turkey's tourist industry is breaking records year-on-year leaping from 9.75 million visitors in 1998 to 30.9 million a decade later in 2008. Undersecretary of the Tourism Ministry has stated that a further 20% increase in the number of British tourists is anticipated in 2009.

Investment in buy-to-let purchases has received a welcome boost from Turkey’s tourist statistics. The Turkish market is also showing promising signs for the resale market. Some 73,000 foreign nationals (mainly Britons, Germans and Greeks) own properties in the country predominantly along the Mediterranean and Aegean coastlines and interest in owning bricks and mortar be it for retirement, a holiday home or buy to let investment continues to be strong.

James González, Market Analyst at Obelisk comments "Although Turkey's still very much an emerging market; the signs are that it's set to become more established during 2009 and Turkey certainly offers some excellent investment opportunities".

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posted by EstatesNewz, 10:30 PM

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