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Apartments Abroad grows eastern Mediterranean portfolio

Apartments Abroad is expanding its presence in the eastern Mediterranean by adding new hotels, apartments and cruises in Turkey, Crete and Rhodes.


The accommodation-only specialist has increased its Turkish property portfolio by up to 30% to around 50 properties in eight resorts although the main focus remains on Altinkum and Marmaris. Six, seven and eight-day gulet cruises sailing from Marmaris and Selimiye are also available.


In Crete five additional apartment complexes in Malia have been added, while new self-catering accommodation is also available in Faliraki, Rhodes.


The additions are the second phase of expansion in the area. Apartments Abroad kicked off 2008 with the launch of a new Cyprus programme featuring around 40 new hotels, villas and apartment complexes.


Managing director Ian Thirlwall said: “We constantly evaluate and tweak our portfolio to ensure it meets the changing demands of the market. This saw us significantly increasing our eastern Mediterranean programme at the beginning of the year whilst these latest developments are largely informed by agents reporting untapped demand.


“Turkey is holding its own in difficult market conditions because it’s good at providing family-friendly accommodation, which, crucially given current economic concerns, offer excellent value.


“On Crete and Rhodes there’s increased demand for properties suited to the younger end of the market. Of course younger clients are more immune to economic worries, having fewer financial commitments and relatively high disposable income.”

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