17 Feb, 2009 Turkey's Property Market is Growing

News Provider, Hurriyet, has announced that "2009 looks set to be the year when Turkey firmly establishes itself as a strong green light on the radar screen" with the news that investment properties in Turkey have increased with the popularity of Turkey as a tourist destination.

Turkey is re-emerging as an established investment hotspot for both experienced as well as first time investors who are looking for good returns. Reports state that it represents the best investment opportunity in the overseas market that anyone is likely to find over the next year and a half and as it has been barely touched by the concrete that lines a lot of the French, Greek and Spanish seashores, Turkey's beautiful coastlines are a given, which is a big draw for any buyer.

Hurriyet claims that "investments in buy-to-rent properties have received a welcome boost from Turkey’s tourism statistics". The visitor figures for the first 10 months of 2008 rose by a massive 13.1 percent and Turkey experienced a spectacular increase in visitors from Austria, France and Slovakia, up between 26 and 31 percent. These figures could confirm that the government’s "Euro 25" long-term strategy for boosting tourism from EU countries is bearing fruit.