Turkeys Tourism Sector Booms
News Posted On: 06 January 2009
Turkey experienced a 13 per cent increase in the number of visitors to the country in 2008 compared with the year before, a government official revealed.
Ismet Yilmaz, undersecretary of the tourism and culture ministry, said that 26 million visitors had travelled to the country from overseas during 2008, Hurriyet.com reports.
This could be good news for overseas property investors considering purchasing a second home or rental property in Turkey because there is likely to be a sustained demand for holiday homes.
The undersecretary revealed that the sector had generated more than £14 billion in revenues in the last year, making it one of the top ten markets in the world in terms of the tourism industry.
"Turkey's tourism income is almost equal to the tourism income of the whole African continent," he said.
A favourable exchange rate against the pound has prompted some analysts to suggest that this is one of the reasons the country is so popular with UK holidaymakers.
Turkey recently relaxed its laws surrounding overseas property buyers and now operates under the principle of reciprocity.
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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