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Investors may be drawn to the rental market in Turkey

Article Date : 18 January 2010       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Investors may be drawn to the rental market in Turkey

Investors looking to buy-to-let in Turkey will be boosted by the news that the holiday rental industry has seen an increase in enquiries in the first ten days of 2010.

Overseas Property Portal (OPP) reported that holiday rental website holidaylettings.co.uk had over one million potential travellers visiting its website at the start of the New Year, an increase of over 50 per cent compared with the same period in 2009.

Popular destinations included Spain, France, UK and Portugal but it was Turkey that was tipped as the location to do well in 2010.

In an interview with OPP Kate Stinchcombe, a spokeswoman for Holidaylettings, remarked that: "Early insights show that Turkey is going to benefit once again this year and took a significant stake in the pre-Christmas bookings for summer 2010."

"It is currently the seventh most popular country destination in the January rush for holidays."

Late last year, investor magazine Quest Turkey said the country's tourist rental sector had been benefiting from being outside the eurozone as this makes it cheaper for Britons to visit because of the favourable exchange rate.

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