Focus On Turkey Part I - Bodrum Property

Bodrum is one of the most beautiful places in theoff plan. That said: Bodrum was one of the first
world, not least because it is built on the shores oflocations in Turkey to receive foreign buyers, and as
two bays, separated by a land-bank which is homesuch to see developments aimed at foreigners, for
to the Castle of St Peter.that reason there are some turn-key new-build
 properties currently on the market, at prices
As well as being beautiful with great beaches and acomparable to those found off plan, which makes
warm climate, Bodrum is also known as one of thethem exceptional value for money.
most cosmopolitan towns in Turkey. It has literally 
dozens of dining options, pubs and even nightclubs,Most of the properties currently on the market in the
not to mention a marina and yacht club.resort are apartments, the villa market is relatively
 under-supplied, and it is therefore villas that are
This all combines to make Bodrum one of the mostcurrently regarded as the best investment properties.
popular tourism hotspots in Turkey, and to makeThat said coastal villas in Bodrum are among the
Bodrum property among the most popular withmost-pricey in Turkey, but given the factors
foreign and local second home buyers and investors.mentioned above this is not to say that they don't
 offer spectacular value for money. Currently a 3
As a result of a combination of those facts, Bodrumbedroom coastal villa will set you back in excess of
property is among the most expensive in Turkey,£200,000, whereas if you come inland a km the
with 2 bedroom apartments costing from aroundprice is halved.
£63,000 off plan. Speaking of which, prices of 
quality property in Bodrum have largely held firmComing inland is not such a bad option in Bodrum
during the downturn, and in previous years showedthough. Because the town is built sloping upwards
some of the most impressive growth potential.away from the sea, one can find properties
 800-1000m inland that still have impressive views out
Resort property in Turkey is currently the mostover the ocean.
popular with foreigners, and there is very littleAll in all Bodrum properties have a lot to offer the
availability in terms of the resale market, with mostlifestyle buyer or investor that is willing to pay a little
properties currently on sale to foreigners being soldmore for a great location.