Turkey's buy-to-let market is 'very strong'

Monday February 2nd , 2009

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.

She added: "In 2008, Turkey was the number one tourist destination for Europeans with an excess of 20 million visits.

"Also, with the budget airlines opening up more routes to the Aegean and Mediterranean coastlines, this is a very attractive market."

Ms Gentile highlighted the Bodrum peninsula, Altinkum and Didim as hotspots for British investors to look at.

She also pointed to the popularity of the Antalya and Fethiye areas on the south Mediterranean coast, saying that the "low cost of living and friendly locals" were particularly attractive to holidaymakers and investors alike.

The Turkish property market is to receive a boost by rising tourist numbers and various cultural events, a news provider has stated.

According to propertywire.com, tourist numbers are expected to "increase significantly" in the next two years as Istanbul is the European Capital of Culture in 2010.
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