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Overseas Property Investment Blog

Turkey Tourism and Real Estate Proving Popular

Nov - 28 | 3 comments. | Overseas Property News, Turkey Property

tourism turkey real estate

New data from the Turkish Statistics Institute has confirmed that the country’s tourist market is continuing to expand – and fast. Numbers clearly show a 25.6% increase in visitor numbers during the 12 months to October 2007, with tourist numbers reaching a total of around 21.1 million in total, confirming Turkey’s continued popularity.

Just last week Turkish Culture and Tourism minister Ertugrul Gunay recently confirmed that the country’s government is planning to increase the amount it spends on promoting itself to prospective visitors overseas. Turkish daily newspaper, the Turkish Daily News, reported Gunay as stating that officials had set themselves the target of boosting tourist numbers from around the 20 million mark this year to a massive 25 million in 2008.

Industry analysts have no doubt that they will succeed in driving even more tourist traffic to the country, good news indeed for an economy happily reaping the benefits of this inbound foreign money, the amount of revenue thought to have been generated by the rise in visitor numbers having risen by 8.6% in the last year.

If domestic market jitters are getting you down, this could be music to your ears, as, following on from its ever expanding tourism boom, Turkey’s buy-to-let sector has subsequently been highlighted as a potentially lucrative market for investors to consider.

UK broadsheet The Telegraph has advised prospective buyers of foreign property that rental accommodation in the most popular areas is in strong demand and that, together with high prospects for capital growth, property in Turkey is worth considering for an overseas property investment in 2008.

3 comments to “Turkey Tourism and Real Estate Proving Popular”

  1. Bill Gassett says:

    WOW…I had no idea Turkey was a tourist destination. That is a beautiful looking shot! I never pictured Turkey to have beaches like this.

  2. Alessia F. says:

    Turkey offers a mild climate, the best period to visit it is spring, when it is not invaded by tourists.
    If you are passionate about history, it is suggested that you visit the ruins if the temple of Arthemis (one of the 7 wonders), and make sure you do not miss out the Lycian Way, Didim, the ancient site of Troy, the temple of Apollo and the ruins of Ephesus. Whereas, if you are more keen on spending your holiday on the beach, you should visit Turkey in June and July when it is not so humid and hot.
    This is the right time to plan and book your holiday there. Planning in advance might give you access to good deals and discounts. There are breathtaking landscapes and miles of sandy beaches such as Butterfly Valley Beach (the only accessible by boat) or the impressive Kidrak Beach. In addition, there is a wide range of outdoor activities, there is plenty to do for all the family members! Only few know that Turkey is rich of thermal water, especially in Anatolia, where you could try cromo, thalasso and stone therapy.
    These are only few of the reasons to choose Turkey as your next holiday destination. Recently, the recession has beaten hard consumers who are less willing to spend, luckyly Turkey offers cheap prices and affordable deals to meet consumers needs. When you get there, do not forget to try the best Kebabs you can possibly have for as little as £1 each. Whereas, if you have a passion for good food and culinary arts, Turkey is the best place to be. There is a wide range of restaurants where you can appreciate the tipical cuisine, and the best local wines.
    The night life is very lively and there are several bars and clubs which are worth to visit. In addition, Budget airlines (Easyjet.com), hotels and resorts offer competitive rates and all-inclusive packages, as well as good service and all the comforts that you need.

  3. The number of visitors to Turkey increased at 10 percent according to the january and february statistics declared by government.

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