Posted on 16 October 2018
The Bodrum region of Turkey, sitting on the west coast is a popular destination for foreign property buyers. Having long promoted a hedonistic lifestyle, it attracts all levels of society from budget buyers to world-renowned millionaires.
It has an extensive portfolio from one-bedroom apartments to 8-bedroom villas with private pools, gyms and saunas. However, people buy houses there for many reasons including…..
- Easy access via the nearby Milas Airport
- Buy-to-let income
- Capital appreciation potential
- Active shopping and nightlife scenes
- Beach, beach club and marina lifestyle
- Competitive prices per square meter
- Impressive transport network to the rest of the country
- Unique architectural styles
- Established expat communities
- Wide choice of districts
How Much is a House in Bodrum?
Prices depend on the region and style of housing. Villas in less well-known resorts like Torba average 110,000 pounds. In Yalikavak, a destination favoured by wealthy international business executives, a luxury house can cost as much as 3 million pounds. Some couples and families opt for apartments instead of houses and prices range from £60,000 to £900,000.
How to Buy Property in Bodrum
If the buyer has finances and legal documentation in place, we can complete the straightforward process in as little as a week. Contact us to receive details of properties via email that suits your budget and requirements.
We arrange viewing trips, to see properties and explore neighbourhoods with a local and knowledgeable sales rep. Once you’ve chosen your new home, we’ll sort out legalities such as tax numbers, and opening bank accounts. If you don’t already have a lawyer, we can recommend one to perform a translated and notarised contract.
Once the title deeds are ready for signing over, we’ll make sure you are in the right place at the right time. We also offer a wide range of after-sales service. Read about the process of buying property in Turkey here.
Bodrum Region of Turkey: Where to Buy Property?
This decision is based on your lifestyle preferences and whether you want to be in the heart of the action, want peace and quiet in a secluded spot, a beachfront location or prefer inland with fantastic landscape views. Many people opt for apartment complexes with facilities and amenities on their doorstep while others buy houses for privacy. Certain areas are more popular than others for a variety of reasons.
Without a doubt, the rising star is Yalikavak, on the north-west side of the peninsula. For decades, it was a quiet fishing village, turned popular holiday resort. When the government changed laws to allow foreigners to buy, it also became a popular expat destination. The construction of the Palmarina boosted it to international fame though, and it is now a popular jet-setting location, with millionaire houses for sale. However, anyone with a middle-class budget will also find a home to suit their budget and requirements.
- Guide to Yalikavak on the Bodrum peninsula of Turkey
- How the Yalikavak Real Estate market became an Ideal Investment
Gumusluk is a small village stuck in time, and that’s the reason it attracts buyers. The heart of the village, a splattering of restaurants, bars, a few hotels and a central bus station is where all the low-key action happens. Backing the beachfront, the land elevates as it goes inwards, to give off a fabulous view of the Aegean Sea and Rabbit Island, its most famous landmark. (Why Buyers Love Gumusluk.)
The time-honoured town centre is where Bodrum’s journey to fame began and even though, Yalikavak has overshadowed it, it is still a hotspot. Separating into the new and old parts of town, life is as traditional or as modern as people like. The marina is one of the best in Turkey, and shopping malls and an excellent bus network, makes it ideal for first-time buyers.
Much focus is on Gokcebel, on the outskirts of Yalikavak. The old part, a traditional village with stone houses promotes a quiet way of life, while expansion in the new part focuses on modern, and luxury villas with an ideal location close to the seafront. For somewhere off the beaten track, but within close distance to shops, bars, and restaurants, Gokcebel could just be the destination.
As another coastal resort that sprung from the roots of a small fishing village, Turgutreis does well with British buyers, who find connections in the existing expat community. Its varied portfolio encompasses a wide range of apartments and villas offering some of the best square meters prices in the Bodrum region.
- Our news and information about Bodrum include the latest developments and property related discussions.
- If you want to buy property in Turkey and would like to speak to a sales representative, contact us today via email, telephone or by dropping into one of our local offices.
- We also have a vast portfolio for the region, and you can see it here. For more information about any home, just fill in the right-hand side enquiry form.