Buy-to-let investors to benefit as Turkish tourism levels rise?
Those choosing investment property in Turkey for buy-to-let purposes could be set to benefit, as arrivals to the country have been increasing.
Figures from the Ministry of Culture and Tourism revealed that a 5.2% increase was recorded in September - compared to the same month in 2008 - putting the total number of visitors at 3.14 million.
The statistics come after Marks & Spencer revealed that Turkey is becoming more popular among British holidaymakers, with the pound's strength against the lira highlighted as one of the potential reasons.
Last month's growth in visitors followed a decline of 0.05% in August and contributed to an overall rise of 1.47% for the first 9 months of 2009 as a whole.
Buy-to-let property investors could be seeing an increase in demand, as according to Reuters, Turkey is one of the top destinations in the Mediterranean - having attracted nearly 22 million people so far this year.
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