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Property in Bodrum


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.

Bodrum is a hugely and increasingly popular tourist destination, offering investors lucrative buy-to-let opportunities. 2005 was a record-breaking year for Turkish tourism, with more than 20 million visitors. In addition to the great value for money enjoyed by foreign visitors, Bodrum offers a stunning coastline, a feast of shopping, sightseeing and entertainment, and a new and well-connected airport.

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.


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