Turkey Has A Strong Buy To Let Market
News Posted On: 30 January 2009
Turkey is a "very strong" market for buy-to-let investors, it has been claimed.
According to Giovanna Gentile, PR executive of Atlas International, a number of factors contribute to the current strength of the sector.
She noted that Turkey was one of the top holiday destinations for Europeans and attracted more than 20 million visitors in 2008.
Some 32.1 per cent more vacationers from the UK opted to travel to the country in 2008 than during the preceding year - something that could be attributed to the strength of the euro and weakening of the pound.
The addition of more budget airline routes to the Aegean and Mediterranean coastline also helped to boost the strength of market.
Ms Gentile commented: "With many developers offering rental guarantees with their projects, the buy-to-let market is very strong."
The Bodrum peninsula was identified as a particularly popular market because the region is well established and proven.
Property buyers might also wish to look in Altinkim, Didim and Kusadasi, because these are "up and coming" areas in which investors are currently buying.
Written by Matthew Bonner
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