Istanbul is about to become even more accessible to property buyers thanks to the opening of a new route from London Luton to Istanbul in May this year. The new route will be in place just in time for summer 2014 and will be operated by Istanbul-based airline AtlasJet.
The new service will see a 200-seat Airbus 321-200 arriving four days a week at Luton Airport initially before being expanded to a daily service in June once it is established.
Monica Anca, Director of Universal21 commented: “This new route will bring a greater choice of flights from the UK to Istanbul and the increased competition should help to keep costs lower for those who wish to travel independently to Istanbul and elsewhere in Turkey. This is obviously good news for property buyers who may need to travel to Turkey fairly often. It will also bring a further boost to tourism which has already seen some significant growth in 2013.”
Britons are coming a close second to Russians when it comes to investing in land and property in Turkey according to official government statistics. Many of these investors have been attracted by high capital growth and strong rental yields in cities such as Istanbul. Inevitably tourism has played its part in raising Turkey’s appeal to foreign investors with many first discovering the country while on holiday according to Universal21.
Currently Turkish Airlines offers the most flights between the UK and Turkey with flights from Istanbul Atatürk to Gatwick, Heathrow, Birmingham, Edinburgh, Manchester, and from Istanbul Gokcen to Gatwick. Adil Yaman, Investment Director of Universal21 added: “We saw a 30% increase in the number of UK nationals searching for property in Istanbul in January this year compared to January 2013.”
For more information, go online at www.universal21.com