Buy-to-let investors in Turkey have been given a boost after it was revealed that the country’s largest airport has been given the green light.
The Silivri district will be the location of Istanbul’s third airport, which is set to boast a capacity several times greater than the existing Istanbul Ataturk Airport nearby.
Ataturk International is currently the main gateway to Istanbul with nearly 30 million arrivals in 2009 and a 13 per cent increase seen in the first four months of 2010.
“Turkey’s tourism levels … in 2010 have been impressive with a 12 per cent increase in UK visitors recorded in the first nine months taking the total number of international visitors to 23 million so far this year, according to the Turkish Ministry of Culture and Tourism,” said Steven Worboys, managing director of Experience International.
The property expert explains that a large proportion of these visitors have arrived in Istanbul, placing increased pressure on the existing transportation systems and accommodation.