Property in Bitez
Property in Bodrum represents a profitable investment for a combination of reasons.
The Turkish lira is currently making great strides against both the dollar and sterling. This has obvious implications for the future value of the property market. Prices of property along the Bodrum Peninsula have risen by up to 25% in the last 12 months. Such capital appreciation is expected to follow a steady rise as Turkey aligns itself for EU accession. In turn, prices of Bodrum properties will show a gradual correlation with those of similar properties in the hitherto more popular investment areas of Europe. The bottom line: property in Bodrum means a solid long-term investment.
2005 was a record-breaking year for Turkish tourism, with more than 20 million visitors. Bitez is quickly becoming one of the most popular resorts on the Aegean. Its natural beauty, unassuming charm and proximity to some of Turkey’s most well-known historical sites make it an ideal holiday base. Property in Bitez already offers investors highly lucrative buy-to-let investment opportunities. No wonder the real estate market in Bitez is booming!
Investors who intend second home investments in Bodrum will benefit from the region’s already large English community. English is commonly spoken and there is a local British Consulate.
In addition to its wonderful climate and safe environment, Turkey’s property buying process is distinctly straightforward.
Similar Properties
-
Perun Lodge
Bansko, Pirin Mountains - Bansko
Prices from € 64,575 -
Penelope Gardens
Prices from € 169,000 -
Touros Village Beach Resort
Prices from € 75,000 -
Tradewinds
Orlando, Central Florida
Prices from € 148,900
Related Articles
Need Advice?
We at Property Select offer impartial advice on buying property overseas, contact us for more information.
We offer help booking investment trips and viewings of property, contact us today.
