Posted on 22 August 2009
Holiday Lettings.co.uk, arguably the world’s largest portal for private rental properties around the world, has said that the demand for private rental properties in Marmaris and Istanbul is currently outstripping supply, pointing to a hole in the market that property investors could profit from filling.
Easyjet has revealed that it will be launching a new Istanbul route later this year, which will increase the demand for rental properties further still.
Turkey property has been growing in popularity for the last few years, but its growth has accelerated in the last couple of years. Tourism to Turkey is growing faster than demand for property, and this is resulting in supply shortfalls of privately rented properties, and even hotel and commercial accommodation in some cases.
Holiday Lettings also revealed some of the other rising stars in terms of demand for privately rented properties. All of these markets will see demand for privately let properties outstripping supply both for the rest of this year, but especially into the main season next year:
Alanya is also set to be boosted by new flight routes from around the world, now that TAV have successfully opened the Gazipasa airport nearby.