2009 'will be the year of Turkish property'

Friday February 6th , 2009

Turkey will establish itself on the international property market this year, it has been claimed.

According to investment firm Obelisk, the country's property market offers "some excellent investment opportunities", with the unspoilt coastline being a particular hotspot.

The firm stated: "Perhaps best of all for the investor planning a lifestyle purchase and/or looking for a buy-to-let is Turkey's coastline.

"Barely touched by the concrete that lines a lot of the French, Greek and Spanish seashores, many of Turkey's resorts are virtually unspoilt. In Turkey, beautiful coastlines are a given."

Tourism in Turkey rose by 13.1 per cent in the first ten months of 2008, while the country's status of European Capital of Culture next year is predicted to increase visitor numbers further.

Meanwhile, the buy-to-let market in Turkey is currently very strong, it has been claimed.

According to Giovanna Gentile, the PR executive of Atlas International, the strength of the buy-to-let market is due in part to the number of developers offering rental guarantees with the projects.
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