Appeal and Attraction of Bodrum’s Property Market Intensifying

Published on 27 January 2006 at 03:42 pm
Filed in Property News for Turkey   »   Appeal and Attraction of Bodrum’s Property Market Intensifying

Appeal and Attraction of Bodrum's Property Market Intensifying

The rise and rise in appeal and attraction that Turkey’s stunningly beautiful resort of Bodrum is enjoying has caught the attentions of some of the world’s best architects, developers and hoteliers; this is helping to further boost the tourism numbers and the sheer volume of those wishing to invest in the thriving property market on the Bodrum Peninsula.

An example of the attention the resort has attracted can be seen in the brand new Aegean Hills development launched recently by the award winning BraemoreGemini partnership.  Their initial launch of thirty four stunning villa properties has proved so popular that the partnership is believed to be ready to break ground on phase two, and the entire Aegean Hills project is a perfect example of the types of superior development springing up in and around Bodrum.

The emphasis that the Turkish government has placed on improving the greater Bodrum region has paid dividends – the resort is now one of the most popular with European holidaymakers who are attracted by the sheer sophistication of the town.  Award winning developers and architects like BraemoreGemini are only heightening the sense of chic and luxury style that Bodrum is synonymous with.  The creation of iconic, stylish and sumptuous property has become the order of the day on the Bodrum Peninsula and the entire surrounding area is benefiting as a result.

The appeal of the resort of Bodrum lies in it successfully combining culture, history, sophistication, vibrancy and a laid back charm.  For holiday makers the Bodrum beaches and excellent hotels are an irresistible draw, for families the amount and variety of entertainment options ensures the resort is a favourite for all ages, and the fact that the summer season extends well into October means that all those who wish to enjoy the delights of the region can do so for far longer under the heat of the summer sunshine.

In terms of the property market in Bodrum it has gone from strength to strength hand in hand with the rise in popularity of the resort with tourists.  As Bodrum has gained a greater worldwide audience so the attraction of the town has resulted in a thriving property market as those who seek an investment opportunity realise the rental gains they can achieve and those in search of an idyllic holiday hideaway realise just how perfect a resort Bodrum in Turkey is.  For both groups of people the fact that property prices in Bodrum are starting to heat up means that they have the added bonus of acquiring property that is rising in value and on which they will make substantial gains.

Today you can still buy stunning investment property in Turkey in resorts like Bodrum for about a tenth of the price of similar property in Spain – but this massive discrepancy in property prices is not set to last!  As Turkey moves slowly but surely towards EU accession and more and more investors realise the potential available in Turkey, the prices are starting to rise in line with demand and anyone who wants to buy into the longest period of projected growth and enjoy the delights of Bodrum are seizing the opportunity today. 

For details of investment properties available for sale in Turkey click here.

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