Tourism Could Boost The Turkish Economy
News Posted On: 03 February 2009
The tourist industry in Turkey contributed around £15.4 billion to the country's economy over the last year, official data revealed.
According to figures from the Turkish Board of Statistics, revenues from the sector were up from £12.9 billion in 2007.
This represented an increase of 15.2 per cent, an increase that has been attributed to the boom in the incoming visitors to the country.
Nearly 31 million people travelled to Turkey in 2008, which could be welcome news for those considering purchasing overseas property in the country.
Its popularity as a tourist destination could mean that there is a strong rental market for buy-to-let investors.
The stable economy provided by the influx of holidaymakers could also encourage prospective property purchasers.
According to Giovanna Gentile, PR executive of Atlas International, Turkey is one of the most attractive markets for European property buyers because it is outside the eurozone.
Written by Jamie Arthur
Property Abroad - for your overseas mortgages, buyers guides and the latest news on buying property in Turkey
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