Strong euro good for Turkey investors

Friday May 9th , 2008

Owners of rental accommodation in Turkey could stand to benefit from the current strength of the euro.

John Bevan of Lastminute.com recently revealed that the European country is now its "number one" destination, partly because it is so much cheaper than many eurozone members.

Speaking to the Daily Mail earlier this month, he said Turkey has even displaced Spain and France in terms of the amount of bookings it has received.

This has been followed by a report in the Guardian, which singled out the country as a good destination for Britons who want to travel somewhere with a more favourable exchange rate.

The newspaper stated that France for example is "more expensive than ever", which means Turkey could be an ideal alternative.

Commenting on the country, the Guardian said: "Large stretches of the south coast are a bargain bagger's bliss, offering the obscenely blue waters and startling scenery for a much lower premium."