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Turkey 'offering cheaper tourism alternative'

Article Date : 22 April 2009       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

Turkey 'offering cheaper tourism alternative'

Turkey is offering a cheaper alternative to the eurozone when it comes to holiday property for rent, it has been stated.

At a time when the pound is weak against the euro and budgets are stretched, the country provides a good alternative destination, as does Bulgaria, the Daily Telegraph reports.

Courtney Wylie of tourist property rental firm Holiday Rentals told the paper: "In high season, you can get a wonderful detached two-bedroom villa in Turkey with private pool near Fethiye or in Dalyan for around £600 per week."

Those investing in property in Turkey may wish to consider letting budget property in order to tap into this market.

Others may wish to look to more upmarket sectors and this segment of the market is growing, the Times reported this week.

Murat Ergin of Savills' Istanbul office told the news provider that the country is "definitely moving upmarket", mentioning Bodrum as a popular place with western buyers.

Tags: Bulgaria, GBP, Savills, The Daily Telegraph, The Times, Turkey
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