Turkey property rentals thrive in 2009
2009 has been a successful year for Turkey property rentals, according to leading overseas letting companies.
“Demand for rentals is going from strength to strength as travellers realise they can rent a whole home for less per head than a hotel and stretch their budget even further by taking advantage of self-catering facilities,” explained Courtney Wylie, Managing Director of Holiday-Rentals.
Holidaylettings.co.uk reported a 70% increase in the number of enquiries about Turkey rentals in 2009 and, furthermore, revealed Turkey had outshined usual favourites Portugal and Florida in September and October.
These figures are supported by statistics released by the Turkish Minsitry of Culture and Tourism revealing that Turkey received over 26 million tourists in 2009.
This is great news for property owners in desirable locations, such as the coastal regions of Bodrum. Already a tourism hotspot, Bodrum is set to further gain from Turkey’s rising tourist numbers, making the region an attractive option for investors looking to capitalise on its growing popularity and Turkey’s thriving rental market.
Emphasising Turkey’s investment potential, Dominic Whiting, editor of the Buying in Turkey guide commented:
“With the private rental market growing in such a successful manner, investors can expect solid returns. The future certainly looks bright for Turkey.”
Source: Quest Turkey and Hurriyet Daily News