Property In Bodrum

February 1, 2023
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Bodrum, located on Turkey’s southwest coast, has been a popular destination and playground for foreign property investors for years. Many think you’ll be part of the property flight set in Bodrum, but there are now plenty of affordable villas and apartments that won’t break the bank.

Bodrum – a savvy investment choice

It’s hard not to fall in love with Bodrum. Located on the shores of the Aegean Sea, Bodrum’s historical beauty and many attractive resorts offer a good mix of tradition and modernity. When people refer to Bodrum, they usually mean both the town itself and the surrounding resorts. Of course, the conditions are different. 

Yalikavak

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For investors looking for one of the best zip codes on the Turkish Riviera, Yalikavak is a good place to consider. Yalikavak is now called the “Queen of Bodrum” and Palmarina is famous for its many hotels, bars, shops, and entertainment. Here, you will see rich people with their big boats glistening in the water and their well-dressed workers walking along the harbor. There is an international vibe, with many foreigners living in the area for six months or more. Yalikavak is a place where you will find land, walled houses, and houses with the latest building technology, helipads, and infinity pools. Many presidents, celebrities, and well-known businessmen have personally signed up for seven sums of money for a luxury house in Yalikavak, but rest assured that those with a limited budget are still saving for it. Yalikavak now has a growing number of Turkish property developments suitable for those who want to live without leaving their savings.

Gumusluk

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If a more traditional place is more your style, Yalikavak’s sleepy neighbor Gumusluk might just be for you. Here, designer clothes are replaced with shorts and bikinis, good food from beach barbecues, and traditional food – the famous coastal area for grilled fish and seafood. Gumusluk is small and relaxed, he is doing something wrong. But, having said that, most of what is sold in Gumusluk is a modern house designed with a simple lifestyle in mind. Beautiful whitewashed villas with sea views and pools typical of Bodrum properties can be found from around.

Gundogan

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Gundogan, a growing fishing village, also attracts investors and retirees who want to escape the tourist crowds and live a quiet life. Then there’s the glitz and glamor of Turkbuku, perfect for those who want to live a luxurious life in a big country house.

Why invest in property in Bodrum?

Regular international flights

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Bodrum is attracting a lot of attention at the moment, and not only from European property investors and holidaymakers. Recent years have seen a surge in ‘Halal concept’ resorts and private villas in Bodrum ideally suited to Arabs that value their privacy. The demand to come to the area has led Bodrum Milas International Airport to run regular flights to Kuwait, Qatar and Dubai. Turkish Airlines has also stepped up and launched a direct flight to London Gatwick this summer to deal with increased bookings from Brits. Bodrum is easy to access. There’s the budget tour operator charter flights, but also the scheduled international flights meaning it’s no longer simply a British holiday hotspot.

Home To Turkey's First Mega Yacht Marina

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Ideally located within easy access to the Greek islands, Yalikavak Marina is Turkey’s first high-capacity marina boasting 620 berths able to moor yachts of up to 135 meters in length. This was a game changer for Bodrum and Yalikavak. Uber-wealthy Russians, Arab royalty and stars started paying visits on their super-yachts, some staying many days. They demanded fine-dining, real designer shops and first-class facilities. Yalikavak and Bodrum quickly adapted to their needs. From humble beginnings, Yalikavak and its neighbouring resorts morphed into the Cannes of the Turkish Riviera. Demand for luxury property in Bodrum rose, as did land and property prices. This has continued to be the case, properties for sale in Bodrum quickly appreciating in value leaving Bodrum a savvy property investment choice whatever your budget.

Easy Living And Great Facilities

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Bodrum is a cosmopolitan town with no end of facilities – it’s easy to live, holiday or retire in the area. There are countless shops catering to your every need, wonderful open markets where you can buy the best organic produce, excellent healthcare and schools for those looking to make a permanent move. There are established expat communities, no end of restaurants and bars, and wonderful bays and beaches ideal for a lazy day topping up the tan. Life in Bodrum is easy, that’s why so many foreigners have chosen to settle in the area.   

A Wide Range Property In Bodrum Suiting All Tastes And Budgets 

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Although the likes of Yalikavak and Turkbuku do cater more to the mid-range and wealthy buyer, there are lots of other locations to consider too. The traditional resorts like Gumbet and Turgutreis should not be forgotten. These areas are charming in their own right with the added bonus that many properties are ideal for investors with a tight budget. Take a look at our site for listings.

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