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.
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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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.
Labels: Market-Trends, Property-prices, Rentals
posted by EstatesNewz, 6:07 AM
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Rental potential is a fiscal fact in Turkey
Thursday, July 3, 2008
Rental investors in Turkey could be set to witness a surge in occupancy rates in the next few months, according to experts.
Vural Oger of Oger Tours on an interview to Hurriyet has stated that the number of European holidaymakers is expected to increase as much as ten per cent this year and there is likely to be a significant increase in the number of German visitors possibly of about six per cent. As a result, demand for rental accommodation will increase and generate higher returns for property owners.
Rumi Dogay of the Pamucak Union of Tourism Investors Speaking to TurkishPress.com said that many holidaymakers in the continent opt to visit Turkey this year as many traditional European destinations are on the brink of an economic recession. As a result, Turkey is benefiting appreciably and is expected to attract a record number of holidaymakers in 2008.
TurkishPress.com reported that Turkey attracted more than 23 million foreign leisure travelers last year and it is likely to increase this year. The tourist sector has generated about £1.4 billion in the first 3 months of 2008. This has made Turkey more attractive to foreign property buyers and house prices are spiraling upwards.
Turkey was singled out by the Guardian as a good destination for British holidaymakers to consider because the pound has slumped to a record low against the euro.
Social BookmarkingVural Oger of Oger Tours on an interview to Hurriyet has stated that the number of European holidaymakers is expected to increase as much as ten per cent this year and there is likely to be a significant increase in the number of German visitors possibly of about six per cent. As a result, demand for rental accommodation will increase and generate higher returns for property owners.
Rumi Dogay of the Pamucak Union of Tourism Investors Speaking to TurkishPress.com said that many holidaymakers in the continent opt to visit Turkey this year as many traditional European destinations are on the brink of an economic recession. As a result, Turkey is benefiting appreciably and is expected to attract a record number of holidaymakers in 2008.
TurkishPress.com reported that Turkey attracted more than 23 million foreign leisure travelers last year and it is likely to increase this year. The tourist sector has generated about £1.4 billion in the first 3 months of 2008. This has made Turkey more attractive to foreign property buyers and house prices are spiraling upwards.
Turkey was singled out by the Guardian as a good destination for British holidaymakers to consider because the pound has slumped to a record low against the euro.
Labels: Investment-property, Rentals, Travel
posted by EstatesNewz, 6:48 AM
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Turkey become a popular holiday destination for Dutch tourists
Wednesday, May 28, 2008
There is a significant increase in the number of Dutch visitors in Turkey and experts have predicted a further increase will be recorded this year. This would increase the demand for temporary lodgings in popular tourist hotspots during the peak holiday season. The number of Dutch visitors has gone up consistently since 2003.
Yildiray Karaer, director of low-cost airline Corendon Air has commented that Turkey has emerged as Holland's most popular holiday destination, Dutch holidaymakers are flocking Turkey throughout the year. The airline has revealed that Turkey at present has a 25% share of the Dutch tourism market.
Ertugrul Gunay, Culture and tourism minister has said that Turkey has attracted more than 23 million foreign leisure travelers in 2007 which makes it the ninth-most visited country in the world in 2007 and 11th place in terms of amount of revenue generated by tourism.
Turkey is recommended by the Telegraph because it presently offers very favourable exchange rates with the UK. France and Portugal has become more expensive places to visit due to strong euro. Moreover, it said that the cost of renting a property in some areas is about half the cost of accommodation in Spain. Turkey has become "number one" tourist destination because it is so much cheaper than many eurozone members.
The growing tourist sector is a positive development for owners of property in Turkey, as it suggests they may benefit from further rental demand in future. The added interest would also lead to the rise in the value of property. Consequently, investors would be able to amass the proceeds of substantial capital growth.
Yildiray Karaer, director of low-cost airline Corendon Air has commented that Turkey has emerged as Holland's most popular holiday destination, Dutch holidaymakers are flocking Turkey throughout the year. The airline has revealed that Turkey at present has a 25% share of the Dutch tourism market.
Ertugrul Gunay, Culture and tourism minister has said that Turkey has attracted more than 23 million foreign leisure travelers in 2007 which makes it the ninth-most visited country in the world in 2007 and 11th place in terms of amount of revenue generated by tourism.
Turkey is recommended by the Telegraph because it presently offers very favourable exchange rates with the UK. France and Portugal has become more expensive places to visit due to strong euro. Moreover, it said that the cost of renting a property in some areas is about half the cost of accommodation in Spain. Turkey has become "number one" tourist destination because it is so much cheaper than many eurozone members.
The growing tourist sector is a positive development for owners of property in Turkey, as it suggests they may benefit from further rental demand in future. The added interest would also lead to the rise in the value of property. Consequently, investors would be able to amass the proceeds of substantial capital growth.
posted by EstatesNewz, 11:05 PM
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Global credit crunch beneficial for investors in turkey
Tuesday, April 22, 2008
The ongoing global credit crunch could prove to be advantageous to owners of rental accommodation in Turkey. Official figures from post offices states that there has been 15 per cent increase in sales for Turkish currency among Brits. This is due to the reason that the pound has hit a record low against the euro and has fallen drastically in value over the last couple of months. Experts have said that People are likely to visit countries which are not part of the single European currency.
The fall in the value of the pound against the euro will mainly have an impact on holidaymakers. Travel weekly has reported that UK vacationers are preparing to make their annual trips abroad despite the fears about the people's finances being constrained by the slowdown in the worldwide economy. Countries along the Mediterranean coast like turkey are found to be most popular locations with more bookings. Turkey statistical institute has reported that 23.5 million tourists visited Turkey last year and is expected to increase to 27 million in 2008.The tourist trade was up a massive 43.9% in the last 3 months in 2007 when compared with the same period in 2006.
Murat Dedeman, the head of The Turkish Tourism Investors Association (TYD) also predicts the increase in the number of foreign tourists visiting Turkey in 2008, resulting in profits of up to $21 billion. Dedeman's optimism is supported by the Turkish Travel Agencies' Association (TURSAB), which expects a 15 percent rise in tourist numbers this year to 27 million.
The dynamic infrastructural and economic transformation process that the Turkey has been experiencing in the last decade has a powerful impact on Turkish tourism and strengthened Turkey's place in the world.
This comes after the predictions from Cushman & Wakefield, global property agents and they say that real estate in emerging markets like turkey will evade the current slowdown relatively unharmed and Goldman Sachs investment bank has said turkey is having promising outlooks for investment and future growth.
Social BookmarkingThe fall in the value of the pound against the euro will mainly have an impact on holidaymakers. Travel weekly has reported that UK vacationers are preparing to make their annual trips abroad despite the fears about the people's finances being constrained by the slowdown in the worldwide economy. Countries along the Mediterranean coast like turkey are found to be most popular locations with more bookings. Turkey statistical institute has reported that 23.5 million tourists visited Turkey last year and is expected to increase to 27 million in 2008.The tourist trade was up a massive 43.9% in the last 3 months in 2007 when compared with the same period in 2006.
Murat Dedeman, the head of The Turkish Tourism Investors Association (TYD) also predicts the increase in the number of foreign tourists visiting Turkey in 2008, resulting in profits of up to $21 billion. Dedeman's optimism is supported by the Turkish Travel Agencies' Association (TURSAB), which expects a 15 percent rise in tourist numbers this year to 27 million.
The dynamic infrastructural and economic transformation process that the Turkey has been experiencing in the last decade has a powerful impact on Turkish tourism and strengthened Turkey's place in the world.
This comes after the predictions from Cushman & Wakefield, global property agents and they say that real estate in emerging markets like turkey will evade the current slowdown relatively unharmed and Goldman Sachs investment bank has said turkey is having promising outlooks for investment and future growth.
Labels: Market-Trends, Rentals
posted by EstatesNewz, 1:45 AM
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High rental yields in Turkish properties
Thursday, April 17, 2008
Turkish Hotels Federation Official figures have revealed that there is massive rise in rental accommodation in a Turkish tourist destination this year. TurkishPress.com has reported that Occupancy rates in Antalya rose by 20 per cent over the Easter holiday.
Ahmet Barut, president of Turkish Hotels Federation has predicted further growth rest of the year. He said that during the Easter tide, Antalya attracted people from European countries like Spain, Switzerland and central Europe. He also stated that Turkish appeal will get extended to Eastern Europe in 2008.
Turkey is on the threshold of becoming most popular destinations for eastern Europeans due to the low entry costs they provide for investors in terms of getting on to the property ladder.TurkishPress.com cited Turkish Statistical Institute statistics showing that in last 2 months turkey has attracted over 280,000 people from Eastern Europe.
The rental returns in turkey are getting better every year. They are sufficient to cover mortgage repayments. Rental Yields for apartments and single-family homes in Istanbul and Ankara are currently around ten per cent, and it is anticipated that in the next few years will see a very profitable buy-to-let boom in Turkey's major cities.
This comes after the Turkish Daily News quoted Alaaddin Yuksel, governor of Antalya, as saying that he hopes Antalya province itself will attract ten million visitors this year which was eight million in 2007. Figures from the Turkish Board of Statistics revealed that the country is attracting tourists from a number of countries. This means that Turkey boasts higher occupancy rates and healthy rental yields.
Social BookmarkingAhmet Barut, president of Turkish Hotels Federation has predicted further growth rest of the year. He said that during the Easter tide, Antalya attracted people from European countries like Spain, Switzerland and central Europe. He also stated that Turkish appeal will get extended to Eastern Europe in 2008.
Turkey is on the threshold of becoming most popular destinations for eastern Europeans due to the low entry costs they provide for investors in terms of getting on to the property ladder.TurkishPress.com cited Turkish Statistical Institute statistics showing that in last 2 months turkey has attracted over 280,000 people from Eastern Europe.
The rental returns in turkey are getting better every year. They are sufficient to cover mortgage repayments. Rental Yields for apartments and single-family homes in Istanbul and Ankara are currently around ten per cent, and it is anticipated that in the next few years will see a very profitable buy-to-let boom in Turkey's major cities.
This comes after the Turkish Daily News quoted Alaaddin Yuksel, governor of Antalya, as saying that he hopes Antalya province itself will attract ten million visitors this year which was eight million in 2007. Figures from the Turkish Board of Statistics revealed that the country is attracting tourists from a number of countries. This means that Turkey boasts higher occupancy rates and healthy rental yields.
Labels: Antalya, Latest-news, Rentals
posted by EstatesNewz, 12:46 AM
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Turkey's holiday property rental market growing
Monday, March 10, 2008
Survey from holidaylettings.co.uk has revealed that demand for rental property in Turkey falls within the elite list of top 7 on the property investment list that the company advertises in for demand for rental property. Turkish economy is positively moving forward and leads the way in emerging markets and well ahead of popular tourist destinations like Balearics, Canary Islands and South Africa.
Gordon Lyons of International Property Agents has said that more overseas investors to arrive much more conveniently in turkey due to the low cost flights and this of course makes buying property in Turkey more accessible but due to the low availability of the flights, the market is still under developing stage. The development of the property rental market in Turkey is moving in the right directions as Turkey’s tourism figures continue to soar. The rental market can provide a good return on investment for property investors in Turkey with the expected arrival of further low-cost flights to Turkey.
Gordon Lyons further said that Tourism growth in the nation is on the roll and Figures shows that 20 million tourists a year visiting the country. The Turkish property rental market is growing and investors are making their Turkish real estate dreams really pay off as investment with a view to holiday rentals is backed up by booming turkey's tourist market.
Social BookmarkingGordon Lyons of International Property Agents has said that more overseas investors to arrive much more conveniently in turkey due to the low cost flights and this of course makes buying property in Turkey more accessible but due to the low availability of the flights, the market is still under developing stage. The development of the property rental market in Turkey is moving in the right directions as Turkey’s tourism figures continue to soar. The rental market can provide a good return on investment for property investors in Turkey with the expected arrival of further low-cost flights to Turkey.
Gordon Lyons further said that Tourism growth in the nation is on the roll and Figures shows that 20 million tourists a year visiting the country. The Turkish property rental market is growing and investors are making their Turkish real estate dreams really pay off as investment with a view to holiday rentals is backed up by booming turkey's tourist market.
Labels: Economy, Market-Trends, Rentals
posted by EstatesNewz, 3:46 AM
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