Real Estate & Travel News in Turkey from Propertyshowrooms.com

Turkey 'a property investment hotspot'

Thu, 28 Jul 2011 00:00:00 GMT

The Turkish real estate market has been named as one of the most popular regions for overseas property investments by a new survey.

According to the Worldwide Property Group, interest in the nation has grown in recent months, with the company pointing to the thriving tourism industry in Istanbul as a particular hotspot.

Meanwhile, interest from UK buyers in overseas real estate markets is also on the rise, with 67 per cent of those questioned stating they believe now is a good time to purchase such an asset abroad.

In addition, 65 per cent are seriously considering buying a house or flat outside the UK, the research found.

Managing director of the firm Kevin Wilkes commented: "With some incredible potential for property investment overseas mixed with increasing ease of purchasing a foreign property, people are finding they have much greater choice."

And the Istanbul real estate sector may appeal to those seeking more than just residential assets after a report published recently by CB Richard Ellis revealed that a significant proportion of the city's office space is now taken up by foreign companies.

Turkish Airlines announces new flights to Italy

Mon, 13 Jun 2011 00:00:00 GMT

Turkish Airlines has announced that it is to be running regular flights between Istanbul and Genoa.

The improved travel links between Turkey and Italy are sure to come as good news for the two countries' property markets.

Currently, the operator offers flights between the two destinations three times weekly on Wednesdays, Thursdays and Saturdays, however, this is set to be increased.

The additional flight will begin operation from June 27th and will take place on Mondays.

Meanwhile, Turkey's burgeoning property sector shows no signs of slowing down this year, new figures have suggested.

Official figures have revealed that Istanbul's population continues to soar with the rate of migration more than doubling during 2009-10.

Over 102,000 migrants made the location their home over the course of the year, and now account for 7.7 per cent of Istanbul's total population.

Genoa is Turkish Airlines fifth flight destination in Italy, after Rome, Milan, Venice and Bologna.

Turkey is 'ideal' for adventure travellers

Thu, 26 May 2011 00:00:00 GMT

Recent reports suggest that Turkey is one of the hottest destinations in the world when it comes to investing in property at present.

So news that the country offers a diverse environment for adventure travellers is only likely to serve to enhance its reputation.

According to the Turkish Culture and Tourism Office, visitors are able to take advantage of some 8,000km of coastline offering some of the best water sport opportunities in Europe.

"Alacati, on the Cesme Peninsula, is a world-class windsurfing destination; Kas down on the Mediterranean coast boasts excellent visibility and is a must-visit for scuba diving enthusiasts; whilst the Turquoise Coast, comprising Bodrum, Marmaris and Fethiye, is the ideal spot for sailing and gulet cruising," Joanna Marsh, PR co-ordinator for the firm explained.

Elsewhere, figures released by ACI EUROPE show that passenger traffic to Istanbul's two airports was up in March when compared to the previous year.

Turkey 'is the ideal location' for a long weekend away

Sat, 21 May 2011 00:00:00 GMT

Individuals with property in Turkey will be pleased to hear that the country is the ideal location for a long weekend away.

Comments from the Turkish Culture and Tourism Office recommend that holidaymakers take the time to explore Istanbul.

"You probably need a minimum of three days to really explore, but most of the major historic sites are situated on the historic peninsula in the old town, so they are all close together and within walking distance of each other," Joanna Marsh, a spokeswoman for the Office, noted.

The news could prompt a number of potential buy-to-let investors to look at acquiring property in Turkey in order to take advantage of the city's growing tourism market.

Meanwhile, figures released by ACI EUROPE show that passenger traffic to Istanbul's two airports was up in March when compared to the previous year.

"There are good flight connections from most major European cities. From the UK, there are frequent direct flights with Turkish Airlines and British Airways as well as low-cost carriers easyJet and Pegasus," Ms Marsh said.

Residential prices increase in Turkey

Fri, 28 Jan 2011 00:00:00 GMT

Individuals hoping to purchase property in Turkey may be interested to hear that residential prices in the country are increasing.

Home values in five of the country's major cities climbed during December compared to the previous month, the REIDIN Turkey Residential Property Price Indices showed.

Indeed, in Adana, Ankara, Istanbul, Izmir and in Kocaeli prices rose by 1.36 per cent, 0.47 per cent, 0.55 per cent, 0.09 per cent and 0.94 per cent respectively, the firm revealed.

The positive figures come after Jim O'Neill, a Goldman Sach's economist, forecast that the economy in Turkey would surpass all expectations this year.

And official statistics show that despite the economic downturn Turkey has continued to attract overseas visitors. Some 28 million foreign travellers went to the country in 2010, an increase of over five per cent compared to the previous year.

According to the Turkish Hoteliers Federation's annual tourism report, in 2011 total tourism revenue is expected to reach $25 billion with 31 million visitors.

Turkey Gearing Up to Overtake Spain as British Buyers Favourite?

Wed, 12 Jan 2011 00:00:00 GMT

Holiday Lettings recently published a chart showing that Turkey could well be the hottest holiday spot of 2011. The portal, which is one of the largest in the private property rentals sphere (arguably the Rightmove of rentals) totted up bookings made for 2011 in September and revealed that 60% of this bookings were for Turkey. Turkey beat Spain and Portugal both with 49%, Cyprus with 46%, Italy with 44%, France with 39% and Florida with 21%.

There does seem to be a groundswell of popularity building from 2009 when many people who would traditionally have holidayed in the Eurozone or somewhere else, were forced to try outside the Eurozone because of its strong currency, most of them going for Turkey.

In response to a post on Facebook, Suzanne Mcclure came out strongly in favour of Turkey, saying it is such a nice place to holiday that she has been 3 times, 1 holiday each in Marmaris, Altinkum and Bodrum.

When asked if she liked Turkey better than Spain she responded:

"I've never been to mainland Spain; it's just never appealed to me. I've been to Majorca -- first week in June -- and it was ok but wouldn't really go back! I'd pick Turkey every time. Weather's lovely lovely and the people are so nice, you wouldn't meet nicer.

She went onto compliment the level of accommodation found in Bodrum.

"The hotel we went to the last time was ace; you never had to go anywhere else for anything. Rest assured we will be going to the Parkim Ayaz again when we go back to Turkey. We all felt very safe and welcome, they treat you like royalty really!"

Hinting that the great treatment is not limited to the Parkim Ayaz she added: "That's why everyone's choosing it [Turkey] for their holidays."

According to experts this growth in popularity as a holiday destination is leading to a massive increase in sales of Turkey property to foreign buyers. An article by Klaus Jurgen in Today's Zaman tells of this happening in Didim:

"Mass tourism from the mid-1990s, and in particular ever-increasing numbers of British homebuyers, meant that within the last decade Didim's population has grown from 25,400 to over 44,000. Now the next generation of Turkish property owners has noticed Didim and its surroundings.

It can be assumed that many of these new homebuyers have become accustomed to Didim whilst vacationing here with their parents and grandparents but now want to own the property themselves instead of time sharing."

However, it is certainly not limited to Didim, foreign owners currently own 65 million square meters of land in Turkey, of which 6 million is owned by 32,000 Brits and 3.5 million by Germans. Because we know investment is only really taking off now, it stands to reason that many going before were holiday home buyers who had caught the Turkey bug.

Article written by Aydin Cakir – Director of New Home in Turkey. Antalya property agency offering properties across Turkey.

Strong economy 'boosting' Turkish property market

Tue, 7 Dec 2010 00:00:00 GMT

Turkey's strong economic performance will continue to make it an attractive destination for real estate investors into 2011, it has been claimed.

According to Steven Worboys, managing director of Experience International, buyers are likely to become more cautious as they head into the New Year.

As a result, it will become more important than ever for them to seek out markets which boast strong economic fundamentals and developments which can offer realistic returns.

Turkey's banking system has managed to steer clear of the worst effects of the recession, and has had its rating upgraded by two international credit ratings agencies.

Added to this, there is significant economic growth in the country, with the Istanbul Stock Exchange gaining 4.5 per cent in value in 2010 so far.

Mr Worboys said: "Turkey is now a serious global economic contender; with its robust V-shaped economy the nation bounced back quickly from recession and now is capitalising on its key fundamentals, enjoying a period of growth and prosperity."

Turkish airport given green light

Tue, 16 Nov 2010 00:00:00 GMT

Buy-to-let investors in Turkey have been given a boost after it was revealed that the country's largest airport has been given the green light.

The Silivri district will be the location of Istanbul's third airport, which is set to boast a capacity several times greater than the existing Istanbul Ataturk Airport nearby.

Ataturk International is currently the main gateway to Istanbul with nearly 30 million arrivals in 2009 and a 13 per cent increase seen in the first four months of 2010.

"Turkey's tourism levels … in 2010 have been impressive with a 12 per cent increase in UK visitors recorded in the first nine months taking the total number of international visitors to 23 million so far this year, according to the Turkish Ministry of Culture and Tourism," said Steven Worboys, managing director of Experience International.

The property expert explains that a large proportion of these visitors have arrived in Istanbul, placing increased pressure on the existing transportation systems and accommodation.

Turkey poised for further tourism growth

Wed, 13 Oct 2010 00:00:00 GMT

Buy-to-let investors who have purchased property in Turkey will be pleased to learn that the country is not just a summer destination.

According to the Turkish Culture and Tourism Office in the UK, thanks to its geographical location and striking landscapes there is plenty to offer winter visitors.

The comments come after Turkey’s minister of culture and tourism, Ertugrul Gunay, reported that the country had experienced a highly successful year in terms of tourism and is expecting this rapid growth to continue.

Indeed, Turkey is attracting much interest from travellers, with it recently being named as the Conde Nast reader’s favourite holiday destination.

"Istanbul has been popular due to Istanbul 2010 European Capital of Culture. But all across Turkey is proving increasingly popular, from coastal destinations to inland treasures such as Cappadocia to name just a few," A spokesperson from the Turkish Culture and Tourism Office UK, said.

The spokesperson added that the country is also good value for visitors due to its position outside the eurozone.

Turkey 'a top holiday destination'

Sat, 11 Sep 2010 00:00:00 GMT

Turkey is likely to become even more popular with holidaymakers after it was named travellers' favourite country at the Conde Nast 12th Annual Readers' Travel Awards earlier this month.

The nation also claimed the number two spot in The World's top 100 nations.

Irfan Onal, director of the Turkish Culture and Tourism Office UK, said: "This is the highlight in what has been a very successful year at the Turkish Culture and Tourism Office UK. Indeed, visitor numbers from the UK continue their spectacular rise, with year-on-year figures up 15.5 per cent for the first seven months of this year."

According to Julian Walker, a property agent in Turkey, the country's popularity with holidaymakers is likely to boost the Turkish property market, with enquires about the nation increasing year-on-year.

He told Easier.com that Turkey offers great value for money.

Last week, Select Resorts said that Turkey offers an "exciting" real estate market, which has seen significant levels of growth in the past two years.

Turkey offers 'an exciting real estate market'

Sat, 28 Aug 2010 00:00:00 GMT

Turkey offers one of the most exciting overseas property markets for investors, it has been claimed.

According to Select Resorts, the Turkish property market has seen significant growth in the past two years, with sales increasing by approximately 20 per cent and real estate prices remaining much lower than other popular holiday destinations.

Turkey's young population, strong government and good geographical location are all key factors in encouraging people to buy real estate in Mugla or consider Antalya real estate listings.

The firm's director Pauline Bonnani said: "The Turkish property market is going from strength to strength and has been recently thriving at the expense of Greece, Cyprus, Spain and France, with individuals able to enjoy a similar standard of living at a reduced cost."

Recent figures from Turkey's Culture and Tourism Office highlighted that the nation has seen rising demand from holidaymakers in recent months.

Data from the Turkish Directorate General of State Airports Authority also highlighted that Turkey's airports welcomed 44.6 million passengers in the first half of 2010.

Turkey 'in high demand with tourists'

Wed, 11 Aug 2010 00:00:00 GMT

Turkey has seen rising demand from holidaymakers in recent months, according to the nation's Culture and Tourism Office, which could be good news for people who have invested in property in the country.

Irfan Onal, director of the Turkish Culture and Tourism Office UK, said that not only is Istanbul proving to be a city break hotspot, but people are also travelling to less well known areas to sample the natural delights and water sports on offer.

He added that this popularity has led to several airlines increasing the number of flights to Turkey they offer, which could also benefit people with Antalya real estate listings.

Figures released by the Turkish Directorate General of State Airports Authority in July highlight that Turkey's airports welcomed 44.6 million passengers in the first half of 2010, marking a 24 per cent increase in passenger numbers compared to the same period last year.

According to data from the Turkish General Directorate of Land Registry, 32,000 Britons now own property in the country.

Rising tourism numbers are a 'big boost for Turkish property'

Fri, 21 May 2010 00:00:00 GMT

Individuals looking to rent out their property in Turkey may be interested to hear that experts have predicted that the destination can produce annual rental returns of about six per cent.

Developer Cumberland Properties has made the forecast after the European country defied the odds and increased its visitor numbers in 2009, Property Wire has reported.

Over 27 million tourists visited Turkey last year, with the figure representing a 2.8 per cent growth compared to 2008.

However, the real estate company claims that many potential investors are put off by the logistics and complications often involved in renting and marketing property overseas.

"Turkish property prices are still hugely undervalued so there's an opportunity to make really substantial returns on investments in areas such as the Bodrum peninsula," Eric Kaya, director of Cumberland Properties, told the news provider.

"Property investors can benefit from the high rental income that their properties are fetching in an area that has just about everything."

In addition, analysts have forecast that Turkey's economy is set for growth in excess of 5.4 per cent in 2010.

Turkish airport likely to 'boost tourism'

Tue, 13 Apr 2010 00:00:00 GMT

Individuals looking to purchase property in Turkey will be pleased to hear that a new airport is due to open in the Alanya region of the country - after a decade-long delay.

According to Overseas Property Professional (OPP), the first flights are due to take off from the destination later this month.

Despite being completed in 1999, Gazipasa Airport has remained unused because of political unrest and concerns surrounding its location, which contributed towards numerous opening dates being delayed.

Gokham Kavruk, marketing executive of a developer in the region, told the news provider that the destination of Alanya was already a popular tourist spot, but has lacked good transport links in the past.

"This will definitely bring more tourists and property buyers but the area around the airport is rural and needs developing," he claimed.

"Lots of Turkish and foreign investors have been waiting for this and lots of new companies will be created."

Gazipasa Airport has a predicted annual passenger turnover of 500,000 individuals.

Turkey to become centre for education, art and commerce

Tue, 2 Mar 2010 00:00:00 GMT

Real estate in Turkey is set to receive a further boost after news emerged that plans were underway to transform the cities of Istanbul and Ankara into leading education, art and commerce destinations.

According to a report by Turkish newspaper Today's Zaman, the country is looking to establish itself as a leading authority on the subjects in the hope of attracting more foreign and local property purchasers.

Metin Guvener, CEO of London-based Property Dimensions, told the paper: "If you look at large conglomerates in Turkey today, they are starting to provide these acquisition services.

"They are attempting to capture this new market because universities are better, art is better and cultural activities have become more widespread, exemplified by Istanbul becoming the European Capital of Culture this year."

However, Mr Guvener warned that current legal requirements present difficulties for individuals looking to buy property in the country.

Another Turkish city which is looking like a good investment prospect is Bodrum, as three low-cost airlines have all announced plans to increase the number of flights to the region.

Airlines capitalise on Turkey's popularity

Thu, 25 Feb 2010 00:00:00 GMT

Individuals with a property interest in the Turkish resort of Bodrum will be encouraged by news that three low-cost airlines have all announced plans to fly to the destination this year.

Pegasus Airlines, Easyjet and Monarch will all be flying new services to the country during 2010, highlighting the growing popularity of the non-eurozone destination.

According to an article on Easier.com, the weak GBP is forcing many holidaymakers and property investors to stay away from traditional eurozone countries and as such Turkey has emerged as a new favourite.

Travel Association ABTA reported that it had seen a 25 per cent increase in bookings to the area during 2009 and all three airlines have responded to the demand.

Earlier this year, Turkey was tipped to be one of the top five destinations for property investment in 2010 by A Place in the Sun.

Bodrum is a port town in south-western Turkey with a warm Mediterranean climate.

New flights to Turkey launched

Mon, 18 Jan 2010 00:00:00 GMT

Investors looking to Turkey may be pleased to hear news that Pegasus Airlines is launching additional flights to the country from the UK.

Antalya, Bodrum and Dalaman will be the destinations benefitting from the extra flights, which will be available from January 18th and departing from Gatwick, Stansted, Manchester and Birmingham.

During the summer there will be two extra flights to Dalaman a week departing from Manchester and three additional ones from Gatwick.

New journeys to Antalya and Bodrum are also planned with flights from Manchester, Birmingham and Stansted scheduled.

It has been suggested by Investor magazine Quest Turkey that the popularity of the country among British tourists may be due to the favourable exchange rate that exists as a consequence of the country being outside of the eurozone.

In a forecast reported by Hurriyet and issued by the Turkish Association of Real Estate Investment Companies, Turkey's property market is predicted to grow five or six per cent in 2010.

They noted that this was expected to occur despite house prices remaining flat.

Turkey tip for ski property

Fri, 20 Nov 2009 00:00:00 GMT

Turkey has been tipped as a good place to invest in ski properties, despite its reputation for sunshine and beaches.

Property investment magazine BuyAssociation noted the fact that the country has snow-covered mountains, which are easily reached from the coast and have property available at low prices.

One example given is where an afternoon of skiing can be had on Tahtali in the afternoon - the venue having been reached by cable car - after a morning by the sea.

The magazine also stated that in the Kemer area a villa can be purchased for around £55,000.

Such figures may attract those keen on investing in ski property who want to grab a bargain.

Britons who prefer Turkey's coast may wish to buy in Bodrum, which has continued to boom, according to developer Horizon Sky.

It is in the process of building 600 units in a new construction project and 400 of them have already been bought.

New easyJet routes to benefit owners of holiday homes in Bodrum

Thu, 12 Feb 2009 00:00:00 GMT

EasyJet is to start direct flights from London to Bodrum, Turkey. It is thought that the new route will boost Bodrum's property market by making the area more appealing to holidaymakers.

Turkish property specialist Spot Blue is confident that the new easyJet route is set to benefit owners of self catering holiday villas in Bodrum. The low cost airline's flights will depart from Gatwick Airport and will be the first direct ones between London and Bodrum.

Direct of Spot Blue, Julian Walker, spoke enthusiastically of the new easyJet route, which will start on April 23 and run three times per week. "This is yet more good news for the property market in Bodrum. The announcement of new flights is good for the property market in any area, but perhaps more so in Bodrum's case, because the announcement will show potential investors that Bodrum is a growing tourism destination within Turkey."

The fact that the flights will be operated by easyJet is significant, continued Walker: "[This] is most beneficial to owners and potential buyers of Bodrum property, because it gives British holidaymakers access to short, affordable flights, thus making private holiday rentals in Bodrum more appealing. This will increase occupancy on privately rented properties in Bodrum, thus upping rental yields and making Bodrum property more appealing to pure investors and holiday home investors."

easyJet will also start operating flights from Manchester to Dalaman, in Turkey, from August 6. This comes at a time when demand for holidays in Turkey is already increasing - holidaylettings.co.uk has seen booking enquiries for properties in the country increase 109 per cent year on year.

This story was brought to you by holidaylettings.co.uk, the UK's No.1 for holiday homes worldwide.

Turkey expecting 10 rise in tourism

Sat, 17 Jan 2009 00:00:00 GMT

The Turkish authorities are expecting 2009 tourism levels to increase by approximately 10% on last year, it has emerged.

Speaking in Istanbul on Wednesday (Janaury 14th), tourism minister Ertugrul Gunay said that Turkey's visitor numbers and revenues should rise significantly this year, Reuters reports.

With tourism revenues of $18.5 billion (£12.4 billion) recorded in 2007, Mr Gunay said that initial estimates show that the sector generated $20.5 billion in 2008.

Turkey is becoming increasingly popular as a leisure destination for Britons, with many people choosing it as an alternative to countries within the eurozone, where holidays are now more expensive.

Aldi Travel's Sarah Butler recently claimed that Turkey is set to grow in popularity this year as more UK holidaymakers turn their back on traditional "Mediterranean destinations".

Last year, the Sun rated Turkey as the number one non-EU country for expatriate property buyers.

The newspaper said that Turkey is "now a safe bet among homemakers."

Visit our off-plan property Turkey page.

Turkey tipped as a top holiday destination in 2009

Sun, 11 Jan 2009 00:00:00 GMT

Turkey has been singled out as a top holiday destination this year by a travel expert.According to Frances Tuke of the Association of British Travel Agents, the country is set...

Istanbul attracting visitors to Turkey

Fri, 9 Jan 2009 00:00:00 GMT

Turkey's profile as an investment destination is benefiting from the growing number of holidaymakers heading to Istanbul.

The Turkish capital has emerged as a fashionable city-break destination in recent months, with many British visitors attracted by affordable flights and the city's unique culture, the Guardian reports.

According to figures from the Turkish tourism board, Istanbul enjoyed an 18% increase in visitors from the UK during 2008.

The Guardian notes that the favourable exchange rate is also making the city formerly known as Constantinople popular with British tourists.

"It isn't just cultural value that is attracting the tourists - Turkey is not in the eurozone and is one of the few countries where sterling has held its own over the past year," the newspaper explains.

Istanbul is also included in a list of 'hot new holiday destinations' compiled by thelondonpaper.com, which praises the city's "magical setting on the Bosphorus" and "cool riverside bars and restaurants".

Visit our off-plan property Turkey page.

Turkey developing highend tourism market

Wed, 7 Jan 2009 00:00:00 GMT

The number of luxury holiday resorts in Turkey is increasing to complement the country's reputation as a budget-friendly destination.

Although traditionally viewed as a 'good value' option for thrifty holidaymakers, Turkey is also targeting the high-end of the tourism market by investing in new hotels, according to the Association of British Travel Agents (Abta).

Frances Tuke, spokesperson for the organisation, said that Turkey is set to be one of the "big growth areas" in global tourism this year.

She explained that the country is looking to build on its reputation for "good value and high standards" by catering to wealthy holidaymakers as well as families.

"Turkey has put a lot of new investment into hotels and five stars. What has been quite a good value destination has broadened its value to the high-end market as well," Ms Tuke commented.

The Turkish tourism authority recently claimed that over 26 million holidaymakers visited the country during 2008, pushing Turkey's tourism income up to $21 billion (£14.4 billion).

Visit our off-plan property Turkey page.

Positive outlook for Turkey tourism

Thu, 27 Nov 2008 00:00:00 GMT

Favourable exchange rates are making Turkey an attractive holiday destination in the current economic climate.

According to Turkish news provider hurriyet.com, affordable holidays are increasingly important as people around Europe react to the financial crisis, with Turkey offering many budget-friendly options.

The website reports that Turkey's domestic tourism market is also in good health ahead of the Festival of Sacrifice, an important event in the Muslim calendar which takes place early next month.

Commenting on which areas of the market are expected to see high activity, Sarp Ozkar of tour operator Prontotur said: "Well-priced and short-term culture tours will draw attention."

Turkey's emergence as a destination for culture-seeking holidaymakers is set to continue over the next few years, with Istanbul named a European Capital of Culture for 2010.

Official figures recently revealed that the number of people visiting Turkey from Israel has increased by 10% in 2008.

Visit our off-plan property Turkey page.

Turkey recommended to holidaymakers

Tue, 23 Sep 2008 00:00:00 GMT

Leisure travellers from the UK have been encouraged to consider taking a holiday in Turkey this winter.

According to the Mirror, the European country offers a number of attractions for British visitors, such as good beaches, scenery and culture.

The publication also praised Turkey for offering highly affordable prices, with the price of beer for example just one-third of that in the UK.

Altinkum was highlighted as one good place to visit, as it offers all these qualities, as well as hot and sunny weather in the winter months.

Indeed, the newspaper said temperatures can rise to as high as 24 degrees C.

"With great beaches and delicious food, head for euro-free Turkey," the Mirror commented.

Turkey was recently recommended to winter sun-seekers by Artemis Travel on the strength of its favourable climate.

The organisation added that the country should attract more visitors this year, as the declining British economy is prompting many UK tourists to head to the most affordable locations.

Visit our off-plan property Turkey page

Turks holiday at home

Tue, 9 Sep 2008 00:00:00 GMT

Many Turkish consumers are choosing to holiday in their own country instead of foreign destinations, it has been revealed.

According to a study by GfK Turkiye, high-income earners and younger people tend to take their breaks in domestic locations, reports Today's Zaman.

Areas such as the Aegean coastline were said to be particularly popular with Turkish people, while Marmara has also become a hotspot among this group.

This could be good news for owners of holiday accommodation in these regions, as it represents further demand for temporary lodgings.

As a result, buy-to-let property investors could find themselves in line to collect healthy rental yields during the peak tourism season.

The research by GfK also found that Turkish tourists enjoy a variety of activities during their breaks, such as swimming, walking and shopping.

This comes after Shelter Offshore said that now would be a good time to buy a property in Turkey.

According to the website, current market conditions "could not be better".

Visit our off-plan property Turkey page.

Turkish flights boost British airport

Fri, 5 Sep 2008 00:00:00 GMT

A regional airport in the UK has revealed that its services to Turkey were very popular with consumers last month.

Exeter International Airport revealed that it dealt with a record number of passengers in August 2008, as more than 114,000 people passed through its doors.

Jamie Christon, deputy managing director of the Devon-based hub, said the increase has been partly fuelled by the growing appeal of destinations such as Turkey.

He commented: "We are absolutely delighted with the airport's performance.

"There was a notable take-up for the flights to Turkey."

Mr Christon added that the economic slowdown in the UK does not seem to be stopping people in Devon from travelling abroad.

Meanwhile, low-cost airline easyJet has confirmed that it is to launch a new service between London Gatwick Airport and Istanbul.

Direct flights to the Turkish city will begin operating in December in time for the Christmas and new year holiday season.

Visit our off-plan property Turkey page.

Tourism to boost rental demand in Turkey

Mon, 25 Aug 2008 00:00:00 GMT

Owners of rental accommodation in Turkey may be in line to benefit from an influx of British visitors over the next few days.

According to online travel agent TravelRepublic, the European country is attracting a large number of bank holiday tourists.

Indeed, figures show that bookings for Dalaman have gone up by 260 per cent since the last August bank holiday.

This means that demand for temporary lodgings in the region will be much higher than it was this time last year.

As a result, people who own a rental property in Dalaman could be well-placed to cash in on this trend.

Paul Furner, managing director of TravelRepublic, commented: "The recent erratic weather has led to a defined spike in interest in getting away for the bank holiday."

He added that people in the UK seem to be prepared to pay "quite significant amounts" in order to spend time overseas.

According to the Association of British Travel Agents, two million Britons are set to spend the bank holiday weekend out of the country.

Tourists booking more trips to Turkey

Sat, 23 Aug 2008 00:00:00 GMT

A holiday provider in the UK has revealed that the number of people booking trips to Turkey has gone up this year.

According to TravelRepublic, the European country is proving to be a popular destination for Britons who are heading abroad for the bank holiday.

The online retailer said Dalaman in particular is attracting a large number of bookings.

Indeed, figures show that demand for trips to the region is 260% higher than it was this time last year.

Paul Furner, managing director of TravelRepublic, said this is partly because Turkey offers a cheaper alternative to eurozone countries, as well as respite from wet weather in the UK.

He commented: "The recent erratic weather has led to a defined spike in interest in getting away for the Bank Holiday."

This comes after the Association of British Travel Agents revealed that the number of summer bookings for trips to Turkey went up by 20% this year.

Visit our off-plan property Turkey page.

Airline to launch new Turkish route

Wed, 20 Aug 2008 00:00:00 GMT

Budget airline Flyglobespan has revealed that it is to launch a new Turkish route later this year.

A weekly service between Aberdeen and the Mediterranean resort of Dalaman will begin operating in May.

Rick Green, chief executive of Flyglobespan, said he is "delighted" that the carrier is offering direct passage to the region.

He commented: "Turkey, with its rich culture, great beach resorts and reputation as a value-for-money destination, is bound to be a winner."

Mr Green added that he believes the airline's programme for summer 2009 will prove to be a "great success".

This could potentially help boost the property market in the Dalaman area, as improved accessibility could lead to more interest from prospective buyers.

Furthermore, the influx of additional visitors should help to fuel growth in the region's rental sector.

This comes after statistics from M&S Money revealed that in the last year, there has been a 53% increase in the number of British people buying Turkish lira.

Visit our off-plan property Turkey page.

Budget airline opens up Turkey

Wed, 20 Aug 2008 00:00:00 GMT

Tourism in the Turkish resort of Dalaman is likely to be boosted by forthcoming accessibility improvements.

According to Flyglobespan, weekly flights to the popular holiday destination will be launched from Aberdeen in May.

This means that Dalaman will be far more easily accessible to people living in the vicinity of the Scottish city, thereby enhancing its appeal to potential visitors.

The launch of new flights to the region could also make it more attractive to prospective property investors, as growth in the tourist trade could fuel extra demand for rental accommodation.

Commenting on the new service, Rick Green of Flyglobespan said: "Turkey, with its rich culture, great beach resorts and reputation as a value-for-money destination, is bound to be a winner."

He added that the services to Dalaman are being introduced in response to demand from customers.

According to the Association of British Travel Agents, the European country has become one of the main hotspots for holidaymakers from the UK this summer.

In fact, figures show that the number of bookings has risen by 20 per cent on a year-by-year basis.

Turkey recommended to winter sunseekers

Tue, 19 Aug 2008 00:00:00 GMT

Leisure travellers who wish to enjoy sunny weather this winter have been advised to visit Turkey.

According to Artemis Travel, the European country is sometimes overlooked as a winter holiday destination.

Nigel Harris, business development director at the group, said Turkey has not always received the recognition it deserves, despite the fact that it offers sunshine and high temperatures at this time of year.

However, he believes this is set to change, as factors such as the declining economy in the UK will prompt many Britons seek an affordable escape from home.

Mr Harris commented: "Travellers will be particularly keen to relax in the sun, while simultaneously reducing soaring energy bills at home."

He added that Turkey offers average temperatures of between 18 and 20 degrees C during the winter months.

According to Property Wire, the European country offers a number of other lifestyle attractions such as spectacular scenery, sandy beaches and affordable living costs.

As a result, it is now attracting a record number of foreign property buyers from countries such as the UK.

Visit our off-plan property Turkey page

Britons still want to travel abroad

Sat, 16 Aug 2008 00:00:00 GMT

The economic downturn in the UK is not dampening consumer demand for trips to the sun, industry experts have stated.

According to TUI Travel, there is no indication that British people are giving up their holidays this year.

This is despite growing economic uncertainty in the UK, rising living costs and fears of a looming recession.

Peter Long, chief executive of TUI Travel, commented: "Our customers place enormous value on their holidays.

"We are seeing no evidence to suggest that demand is slowing."

He added that Turkey is proving to be particularly popular with British holidaymakers this year, a development which bodes well for its rental market.

This follows similar findings from other companies in the sector, including holiday firm Milestones.

The organisation said Turkey's increased popularity is partly due to the strength of the euro against the pound, as this has driven up the cost of taking a break inside the eurozone.

Visit our off-plan property Turkey page

Turkey recommended to winter holidaymakers

Tue, 12 Aug 2008 00:00:00 GMT

Turkey has been flagged up as an ideal location for people who want to enjoy a holiday during the winter.

According to the Irish Independent, the European country is now serviced by a number of direct flights, which means it is now far more accessible than it was in the past.

This means that leisure travellers can easily reach Turkey and enjoy its various attractions, such as its attractive surroundings.

Istanbul was highlighted as a particularly good place to visit, partly because it is well-serviced by airlines.

The Irish Independent commented: "It is one of the most beautiful cities in the world and it is a good place to shake off the over-exposure to Christmas."

An influx of holidaymakers during the winter months is likely to be a positive development for owners of rental accommodation in Turkey.

Tourism is likely to have a significant impact on rental demand in certain areas, which means investors could be able to pick up healthy returns.

According to the Association of British Travel Agents, the number of summer bookings for trips to Turkey has gone up by 20% this year.

Visit our off-plan property Turkey page

Credit crunch 'not impacting on travel sector'

Mon, 11 Aug 2008 00:00:00 GMT

Ongoing economic problems in the UK do not appear to be putting British people off travelling abroad, experts have said.

According to online travel retailer On the Beach, consumers are continuing to purchase foreign holidays.

This is despite the fact that many are experiencing financial constraints as a result of the credit crunch and rising living costs in the UK.

Destinations in mainland Europe was found to be particularly popular with holidaymakers, with Turkey being the overall favourite.

Simon Cooper, chief executive of On the Beach, commented: "Many of our customers are not willing to give up their hard-earned holidays."

However, he said people are still looking for destinations which offer the best value for money.

Since Turkey is not in the eurozone, British tourists could potentially benefit from more favourable exchange rates.

The pound recently slumped to an all-time low against the euro, which has led to holidays in places such as Italy becoming more expensive.

Turkey attracts more interest from Britons

Fri, 1 Aug 2008 00:00:00 GMT

Holidaymakers in the UK are increasingly showing interest in visiting Turkey, it has been revealed.

According to Cheapflights.co.uk, economic factors such as the strong euro are putting people off taking breaks to traditional hotspots such as Spain.

As a result, more people are searching for cheaper alternatives which do not use the single European currency and offer more favourable exchange rates.

Turkey was found to be attracting considerable attention from money-conscious holidaymakers, in particular the Dalaman area.

The website stated that in the last year, the number of people viewing information on this region online has gone up by 17.5 per cent.

Commenting on this development, Chris Cuddy of Cheapflights.co.uk said: "A definite trend appears to be emerging for alternative vacation destinations."

This backs up the findings of the Association of British Travel Agents, which recently found that the number of bookings for Turkey has risen by 20 per cent on a year-by-year basis.

Turkey flights boost UK airport -300708

Wed, 30 Jul 2008 00:00:00 GMT

The popularity of destinations such as Turkey has helped boost passenger numbers at a UK-based airport.

Statistics have revealed that that East Midlands Airport (EMA) has seen an increase in the number of people it has handled for the ninth consecutive quarter.

More than 563,000 passengers passed through its doors last month - 5% more than during the same period of 2007.

This increase was said to have been fuelled by the rising popularity of places such as Turkey, which has attracted extra attention due to its favourable exchange rates.

EMA commented: "More and more holidaymakers are choosing to jet abroad to more value-for-money destinations outside the eurozone."

The airport added that the take-up of flights to countries outside the EU has risen by 17% in the last year.

This comes after the Association of British Travel Agents revealed that the number of summer bookings for trips to Turkey has gone up by 20% this year.

Visit our off-plan property Turkey page

Strong euro fuels interest in Turkey

Wed, 30 Jul 2008 00:00:00 GMT

A British airport has revealed that current economic conditions are driving a surge in demand for flights to Turkey.

According to East Midlands Airport (EMA), services to places such as Dalaman have proved to be very popular with consumers in recent months.

This has been mainly attributed to the fact that Turkey offers more favourable exchange rates than many other European countries.

Indeed, figures indicated that in the last year, there has been a 17 per cent increase in the number of people flying to destinations outside the EU.

Since the pound has recently slumped to all-time low against the euro, this could because people want to get more for their money in other places.

EMA commented: "More and more holidaymakers are choosing to jet abroad to more value-for-money destinations outside the eurozone, such as Dalaman in Turkey."

According to the Association of British Travel Agents, the European country has become one of the main hotspots for holidaymakers from the UK this summer.

In fact, figures show that the number of bookings has risen by 20 per cent on a year-by-year basis.

Turkey 'has strong rental market'

Wed, 23 Jul 2008 00:00:00 GMT

Overseas property buyers who wish to invest in a strong rental market have been advised to consider purchasing a residence in Turkey.

According to Shelter Offshore, the European country offers excellent weather conditions for about ten months of the year.

This, it stated, means that it is popular with holidaymakers throughout this period, which increases the period of time that rental accommodation is in high demand.

As a result, Turkey could be far more lucrative buy-to-let investment market than a place which offers a more seasonal tourist trade, as the opportunity to collect strong returns is not as limited.

Shelter Offshore added that the fact that Turkey is easy to reach all year round is also helping to underpin its rental sector.

The website commented: "It means more [people] can get to their property and rent it and it means that they can easily and affordably keep an eye on it and enjoy it."

According to Property Wire, more than 27 million foreign leisure travellers are set to arrive in the country this year.

Noneurozone countries attract tourists-220708

Tue, 22 Jul 2008 00:00:00 GMT

Holidaymakers from the UK are increasingly choosing to travel outside the eurozone, experts have revealed...

According to the Association of British Travel Agents (ABTA), millions of consumers are now getting their summer holidays underway, mainly in places such as Spain and France.

However, the organisation believes that less-established markets such as Turkey are also seeing a surge of interest at the moment.

This has been attributed to the strength of the euro, as this has impacted on the cost of travelling to traditional hotspots within the eurozone.

Frances Tuke, spokesperson for ABTA, said Turkey in particular is benefiting from this trend, as the number of bookings is 20% up on last year.

Speaking to BBC News, she commented: "People are thinking about their pockets and where their money is going to go further."

The comments were echoed by Phil Davies of TravelMole, who told the Telegraph that the strong euro is having "significant impact" on where people are choosing to take their holidays.

Visit our off-plan property Turkey page

Tourism set to boost Turkish rental market

Tue, 22 Jul 2008 00:00:00 GMT

Overseas property investors could benefit from a surge in the number of people visiting Turkey.

According to the Association of British Travel Agents, the European country has become one of the main hotspots for holidaymakers from the UK this summer.

In fact, figures show that the number of bookings has risen by 20 per cent on a year-by-year basis.

Frances Tuke, spokesperson for the organisation, believes this is due to the fact that the strong euro has forced up the cost of taking holidays in other Mediterranean hotspots, such as France and Spain.

She told BBC News: "People are thinking about their pockets and where their money is going to go further."

Since Turkey is benefiting from extra tourism, the country could be an ideal location for buy-to-let investors to consider, as rising demand could create higher rental yields.

According to Property Wire, more than 27 million foreign leisure travellers are set to arrive in the country this year.

Gulftainer signs JV deal with Turkey's Demas International

Mon, 21 Jul 2008 00:00:00 GMT

Sharjah's Gulftainer Co. Ltd. has embarked on its latest overseas foray, announcing a joint venture with Turkey's Demas International at a press conference in Istanbul...

Turkey attracts British holidaymakers-190708

Sat, 19 Jul 2008 00:00:00 GMT

A growing number of British holidaymakers are choosing to head to non-eurozone countries such as Turkey, according to new figures...

Research by the Association of British Travel Agents (ABTA) has revealed that the number of summer bookings for trips to Turkey has gone up by 20 per cent this year.

This has been attributed to a number of factors, such as the relatively high value of the single European currency against the pound.

As a result, visiting Turkey has become a cheaper option than visiting places such as France and Italy.

Mark Tanzer, chief executive of ABTA, commented: "With the strong euro, greater growth is being experienced in the mid to long haul destinations outside of the eurozone."

He added that while Spain is the most popular destination, the country's status as a mature market means less-established locations are seeing higher rates of growth.

This comes after the Post Office reported a surge in demand for Turkish currency among British consumers.

The organisation described the country as one of the "best-value" destinations in Europe.

Visit our off-plan property Turkey page.

Airline set to launch new flights to Turkey-180708

Fri, 18 Jul 2008 00:00:00 GMT

A Turkish airline has confirmed that it will begin operating direct flights to the UK later this year.

Pegasus Airlines stated that services between London's Stansted Airport and Istanbul will start operating in September.

The route will run three times a week for the first month, after which an extra flight will be added to its schedules.

Ali Sabanci, chairman of Pegasus Airlines, commented: "By increasing the frequency on our London route, we will be able to offer our valued customers greater choice and flexibility than ever before."

He added that this will make the service more appealing to both holidaymakers and business travellers, as they will benefit from quick and easy flights between the two cities.

Improved access to the country could also make it a more attractive proposition for people who are thinking of investing in an overseas property.

According to the Times, Turkey currently offers relatively low house prices, as a residence along the coast can be snapped up for just £35,000.

Visit our off-plan property Turkey page.

Turkish airline adds extra UK services

Fri, 18 Jul 2008 00:00:00 GMT

Pegasus Airlines has announced that it will increase the frequency of flights between Turkey and the UK.

The carrier confirmed that by October, the Stansted to Istanbul service would be operated five times a week, as opposed to thrice-weekly.

Ali Sabanci, chairman of Pegasus, has praised the development, as he believes it will offer greater choice and flexibility to passengers.

He commented: "[This] will increase our appeal to holidaymakers and business travellers alike, who will also benefit from wide availability of quick and easy connecting flights from our Istanbul hub."

The increased accessibility of the Turkish city is likely to encourage more British leisure travellers to consider taking a trip to this destination.

In addition, the new transport links may enhance its appeal among prospective holiday home buyers and property investors.

According to the Times, one in ten holidaymakers in Turkey are choosing to book lodgings in holiday homes.

The newspaper said this shows that demand for good quality buy-to-let accommodation is strong in various parts of the country.

Turkey aims to tap into Indian market-170708

Thu, 17 Jul 2008 00:00:00 GMT

An influx of Indian holidaymakers could be set to boost demand for rental accommodation in Turkey.

The European country has just set up a culture and tourism office in New Delhi in an effort to capitalise on the potential the market offers, reports Express Travel World.

This will work closely with Indian media outlets and tourists officials in order to raise the profile of Turkey to local consumers.

It is hoped that this will result in the annual number of visitors from India rising from 45,000 last year to 70,000 in 2008.

Therefore, it is likely that demand for rental accommodation in hotspots such as Antalya will also increase.

N Sevgi Boz, head of the office, commented: "Even the seasoned leisure traveller will find some unique vacation experience in Turkey."

He added that the country offers a diverse range of attractions to foreign visitors.

This comes after research by Co-operative Travel found that Turkey has displaced Spain in terms of its popularity with tourists from the UK.

Vacation in Turkey cheaper than in Saaremaa

Thu, 17 Jul 2008 00:00:00 GMT

The principal “it is cheaper to spend vacation at home” is not valid anymore. Family vacations abroad may turn out to be cheaper...

Britons visiting noneurozone countries-160708

Wed, 16 Jul 2008 00:00:00 GMT

Holidaymakers from the UK are increasingly choosing to venture beyond the eurozone, it has been revealed.

According to Lastminute.com, British consumers are keen to destinations that offer the best possible value for money, reports Holiday Extras.

This is because the pound recently slumped to an all-time low against the single European currency, a development which has driven up the price of travelling to places such as France and Spain.

John Bevan, managing director of the online travel agency, highlighted Turkey as one popular destination, as the number of bookings is 14 per cent up on this time last year.

He commented: "This summer our customers are going where their pound will take them further and where good bargains are to be had."

Mr Bevan added that consumers have exhibited "strong interest" in non-eurozone countries this year.

This comes after the Post Office reported a surge in demand for Turkish currency among British consumers.

The organisation described the country as one of the "best-value" destinations in Europe.

Tourists should consider exchange rates-120708

Sat, 12 Jul 2008 00:00:00 GMT

Consumers have been encouraged to take exchange rates into account when booking a trip abroad.

According to the International Currency Exchange (ICE), the cost of living in a country is just as important as the price of flights and accommodation.

Therefore, it has recommended that people look at how much small expenses will set them back, as they could add up throughout the duration of their trip.

In addition, it has suggested that people look at how much items cost in different countries, as some places could offer better value for money than others.

Andrew Hamilton, head of marketing at ICE, commented: "The credit crunch means holidaymakers should make sure they are getting the most for their pounds, as all the little extras soon mount up."

This comes after the Post Office reported a surge in demand for Turkish currency among British consumers.

The organisation described the country as one of the "best-value" destinations in Europe, as the weak pound has made trips to eurozone members more expensive.

Britons book holidays to Turkey-090708

Wed, 9 Jul 2008 00:00:00 GMT

The number of British people booking holidays in Turkey is on the up, according to new figures.

Research by Co-operative Travel found that the European country has displaced hotspots such as Spain in terms of its popularity with tourists.

The organisation believes this is partly because the pound recently slumped to a record low against the euro, thereby making trips to places such as Spain more expensive for British holidaymakers.

Trevor Davis, spokesperson for Co-operative Travel, told the Herald: "This year they are finding the high euro and a shortage of availability means the normal late deals are not available."

He said Turkey has benefit the most from this trend, as the number of bookings for the country has gone up by nearly a third in recent months.

This comes after the Post Office reported a surge in demand for Turkish currency among British consumers.

The organisation described the country as one of the "best-value" destinations in Europe.