Bodrum Property & Properties for Sale in Bodrum Turkey
Property in Bodrum has long been a popular choice for investors due to its value for money and strong returns. Often dubbed the ‘St Tropez’ of Turkey, Bodrum has established itself as a tourism hotspot, as a result property for sale in Bodrum is in high demand.
Located on the South Coast of Turkey, the region has gained huge acclaim by the world’s elite. Surrounded by the Aegean Sea, the popular region boasts its own harbour, with many shops, bars and restaurants that line the streets under the spectacular Bodrum Castle. Bodrum has a number of beautiful bays, beaches and traditional Turkish villages creating the perfect balance for a fantastic holiday experience. This is why properties for sale in Bodrum, Turkey are so highly sought after given their sustained marketability and high demand for rentals.
Due to a steady increase in demand over the past 5 years, Bodrum property has experienced strong capital appreciation. The advantages of its tourism-focused economy works two-fold, the increased tourism has lead to higher occupancy rates and therefore higher rental yields. Not only do owners of Bodrum properties enjoy strong year-on-year price growth, but they also gain regular rental returns due to the property’s rental yield.
Not only do properties in Bodrum benefit from the country’s growing tourism, but Turkey also offers excellent value for money due to the strength of the Lira compared to the Pound, Euro and Dollar. Average Bodrum beach property prices are considerably lower than the European equivalents meaning fantastic lifestyle investments are available.