Turkey Property UK

Turkey Property UK
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1st August 2010

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Turkey tipped to be 2010 property hotspot for British buyers

Analysts predict property boom as tourist numbers continue to grow

Turkey tipped to be 2010 property hotspot for British buyersVery attractive property prices coupled with increases in tourist numbers and a favourable currency exchange rate are predicted to make Turkey a favourite destination for the British property buyer this year

Internet Portal, Property Abroad has predicted a boom in the Turkish property market as investors look to capitalise on the country's growing popularity with tourists. They report that data released by airline network news and analysis web site, Anna Aero has revealed Turkey as one of the fastest growing tourist destinations in Europe after it enjoyed a 7.3% rise in airport traffic from Europe in 2009 and a 9.4% increase from the UK in the same year.

Whilst the pound has weakened dramatically against the Euro, therefore making property purchases in the Eurozone much more expensive, it has remained relatively strong against the Turkish Lira meaning property prices in the country remain low for British buyers.

According to Property Abroad, 2010 is likely to see more active property buyers in the Turkey market, as demand increases along with tourist numbers with the Association of British Travel Agents forecasting 20 to 25% more Brits will visit this year.



About Turkey Property UK

James & Debbie Espin are Directors of Overseas Property UK, the parent Company of Turkey Property UK which specialises in the promotion of property for sale in Turkey. They have built up a widespread knowledge of locations, property developments and the buying process in Turkey.

For Editors

James & Debbie Espin are available to comment on Turkey and its property market. Please contact them by telephone in the UK on +44 (0)1347 824800 or by email.