2009 'could be good for Turkish property'

Tuesday February 17th , 2009

Turkey could see a rise in interest for its properties during 2009, according to Obeliks Investment Property.

While the country's winters might not be as warm as those enjoyed by its rival Egypt, its summer season is long and substantially cooler than its competitor.

Furthermore, investment properties have risen as the country has garnered a reputation as top tourist destination.

Many of Turkey's resorts are practically untouched, unlike many of the concrete-heavy sites in Greece, France and Spain.

Turkey's tourism statistics indicate that visitor figures increased by a massive 13.1 per cent during the first ten months of 2008 – which indicate the country's popularity even during the economic downturn.

James González, market analyst at Obelisk said: "The signs are that it's set to become more established during 2009 and Turkey certainly offers some excellent investment opportunities."

It was recently reported in the Hurriyet that Turkey's popularity as a health tourism destination is continuing to grow.
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