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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.

 

Irish holidaymakers set to visit Turkey

Tuesday, July 1, 2008

Turkey's tourist industry looks set to benefit from the poor weather in the Republic of Ireland as number of holiday bookings has increased this year.

Sunway Travel has revealed that increasing number of people from Ireland is looking to take holidays in the country this summer. The amount of bookings for trips to Turkey is about five per cent higher than at the same time last year.

Tanya Airey, managing director of the company, told the Sunday Business Post that this is mainly due to the warm climate of Turkey. The recent poor weather and memories of last summer's downpours has made many people chose to book last-minute holidays in order to escape from this year's poor weather. She further said that the various financial issues such as the rising cost of living are also failing to deter Irish consumers from taking a break overseas.

The weakness of the pound against the euro has made the financially-stretched Britons can still enjoy bargains and affordable prices in Turkey, as prices are much lower than those in places such as Spain and France.

The official figures from Turkish tourism ministry showed that between January and May 2008, the country attracted 7.3 million visitors which are 15 per cent higher than the amount recorded at the same point of 2007. The increase in the number of vacationers is likely to have positive impact on demand for temporary lodgings, allowing property investors to collect higher rental yields.

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posted by EstatesNewz, 6:34 AM 0 Comments |

Hilton International claims Turkish tourism is remarkable

Tuesday, June 17, 2008

Hilton International, a leading hotel chain has plans to set up new outlets in Turkish provinces as they claim that Turkey has become one of the leading holiday destinations in the world.

Wolfgang Neumann, area president for Europe and Africa has commented that he is very much confident about the lucrative nature of Turkish tourism industry. He indicated that the hotel management plans to set up new outlets in the provinces of Kutayah, Bursa, Manisa and Diyarbakir over the next few years. Furthermore, they also suggest that owners of rental accommodation in these tourist hotspots are seeing lots of demand for their services.

Property expert Dominic Whiting has said that the government is investing funds into the main holiday hotspots in order to make them more attractive locations and enhancing their appeal to prospective holidaymakers. This makes it more favorable to foreign property purchasers, as house prices are spiraling upwards.

Mr. Whiting further predicted price rises of at least 15 per cent per annum over the next few years in Turkey and in some parts of the country; the price hike would be significantly higher.

A Place in the Sun magazine recently revealed that Turkey is currently the most popular emerging market among British property buyers and also rated ahead of Italy and Portugal.

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posted by EstatesNewz, 12:00 AM 0 Comments |

Strong Euro boosts Turkish property investments

Saturday, May 10, 2008

According to the Turkish Hotels Federation, demand for rental accommodations in Turkey has gone up this year as more and more tourists are visiting Turkey. Owners of holiday accommodation in Turkey should benefit from higher occupancy rates and healthy rental yields.

John Bevan of Lastminute.com recently said that Turkey is now most popular tourist destination because it is so much cheaper than many Eurozone members. The pound has touched a record low against the euro and the Eurozone currency is now worth 80 pence. This means that pound will not buy as many euros, making things more expensive for the British tourists in European countries. Turkey is becoming an increasingly popular destination among British tourists. Guardian has reported recently that Turkey is a good destination for Britons who want to travel abroad with a more favourable exchange rate.

Thomas Cook recently revealed that British leisure travelers are increasingly opting to head outside of the Eurozone. The present exchange rate of the pound against the euro was cited as one of the main reasons for tourists to head for countries that are not in the currency, such as Turkey.

Ahmet Barut, chairman of Turkish Hotels Federation said in an interview to TurkishPress.com that a record number of people are likely to visit Turkey in 2008 and he predicted about 27 million holidaymakers will visit Turkey this year.

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posted by EstatesNewz, 11:22 PM 0 Comments |

Turkish Caves (Museum Hotel) attract tourists

Cappadocia region is one of the most important tourism centers of Turkey visited every year by thousands of tourists coming from every part of the world. Cappadocia is situated in central Anatolia, nearly 200 kilometers southeast of Ankara. Cappadocia has exceptional rock formations and magnificent caves and it is the common name of the field covered by the provinces of Nigde, Aksaray, Nevsehir, Kayseri and Kirsehir in the Middle Anatolian region.


The first human settlements in the prehistoric periods built the underground cities in the volcanic rocks to defend themselves from the wild animals and they lived for long periods in these underground cities.

Ömer Tosun, antique and ancient rug expert, had the caves and prehistoric residential areas in Cappadocia’s Uçhisar district renovated and turned them into museum-hotels. The Museum-Hotel has a 30 room capacity. Each of the rooms is named according to the antiques inside rather than traditional room numbers. Tosun has stated that he knew the region and the texture of the historical structures well as he is the native of the region and so he was able to copy the originals without destroying its nature.

Tosun's museum-hotel is the first of its kind in Turkey and this unique concept which mixes his fervor for antiques and his entrepreneurial attitude. During the short period the Museum Hotel has been open for business it has attracted large number of tourists worldwide and has hosted celebrities like Henry Ford's daughter, Anne Ford and Hollywood star Harvey Keitel.

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posted by EstatesNewz, 12:44 AM 0 Comments |

Turkey to become capital of Holiday Property Investment in 2008

Tuesday, February 26, 2008

Paul Collins, the property editor of The Buy Association has said that Turkey is set to become the capital of new Holiday Property Investment in the New Year. He further said that property market may see radical changes and in 2008 it will see the surfacing of alternative developments different from the type of customary beach villas.

British tourists and investors are tempted by the turquoise coastline, water sports, water skiing and scuba diving that is on offer in many of Turkey's coastal towns. Many people who visit Turkey are impressed by the Mediterranean climate, hospitality and great value of the country that they turn from tourists to property investors.

Beach villas in Turkey

Mr. Collins further said that the alternative developments instead of beach villas will gain momentum next year and chances of ski properties coming up within next 2 years add value to the already booming property market.

According to the statistics revealed by homefast says that even though the prices has gone up to 15 to 20 percent in the last year, turkey is becoming exciting destination for property buyers and already 17,000 British have property in Turkey.

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posted by EstatesNewz, 1:52 AM 0 Comments |