The upgrades will appeal to British investors
By Roxanne James

International Airport Expansion Attracts Investor Interest

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The capacity and infrastructure at Gazipasa international airport in the province of Antalya are set to be increased in works to upgrade the airport, bringing fresh interest to the country's property market.

According to the operator TAV Airports, the upgrades include an expansion of the existing terminal to an area of 6.400m² which will increase the number of passengers it can accommodate to 1.5 million from the current 500,000.

In addition, new boarding and arrival gates will be added to facilitate passenger flow through the airport and the runway's apron will double in size, increasing its capacity to six aircraft from the current three and providing greater capacity for flights.

Murat Sen, vice president at TAV Gazipasa Airport said: "The works should be finalised by the end of May. It's very exciting and demand is certainly there. Last year we processed 360,000 passengers, but have a target of 650,000 for 2014. Already this year we have tripled the number of passengers compared to the same period in 2013."

The upgrades will appeal to British investors as the airport is currently in talks with carriers regarding new routes from the UK.

Airlines currently operating either charter or scheduled flights into Gazipasa include SAD, Finnair, Thomas Cook, SunExpress, Pegasus, Transavia, Corendon, Onur Air, AnadoluJet and Turkish Airlines.

"As an indication of really serious capacity and potential, SunExpress already operates five flights to Gazipasa and SAS operates six, with Finnair and other airlines adding to this," explained Sen.

He continued, "I am happy to say that interest has finally started to build among carriers from the UK and we have already started receiving contacts of serious intention. Meanwhile, UK fliers can reach Gazipasa via a transfer in Europe or at Istanbul," he added.

Direct flights from the UK to Antalya and Turkey's Mediterranean coastline currently include Easyjet, Turkish Airlines, Monarch, Thomas Cook and Thomson Airways.

The province of Antalya is already considered a property hotspot for foreign investors and further growth in the market is expected as a direct result of the improvements to Gazipasa airport which will improve the regional infrastructure considerably.

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