Turkish rental market shows all the right indicators

The demand for quality rental accommodation in Turkey is increasing proportionately with the huge influx of Holidaymakers, it has been stated.

Nigel Harris, Chief executive at Artemis Travel said that the country used to be looked at as a cheap destination offering a cheaper alternative to the eurozone when it comes to holiday property for rent, but commented that this has now changed.

He commented: "Customers this year are looking for a combination of quality accommodation, flexibility on flights and duration and value for money."

Courtney Wylie of tourist property rental firm Holiday Rentals told the Daily Telegraph: "In high season, tourists can get a fantastic 2- bedroom villa with private pool near Fethiye or in Dalyan for around £600 per week." With the expected arrival of further low-cost flights to Turkey this year, the demand is expected to increase further as the flight and property rental option becomes more and more competitive next to the package holiday.

Turkey's tourist market was emerging long before its holiday home market, with in excess of 20 million tourists a year visiting the country. This is a key indicator for investment with a view to holiday rentals as it is backed up by booming tourism. For some time now, the Turkish rental market shows all the right indicators and now the facts are starting to speak for themselves as it provides investors with an opportunity to own a home that is rising in capital by around 15% per year in addition to offering superb rental opportunities.

In related news, recent survey from leading holiday rental site holidaylettings.co.uk shows Turkey is 7th out of 112 countries for demand for holiday homes.