Buying real estate in Bodrum on the Turkish Riviera will give you a laid back yet sophisticated lifestyle.
Property in Bodrum can be found in several areas, you can find many resorts around the shores of the peninsula all offering crystal clear turquoise waters and stunning sandy beaches.
If you are searching for accommodation for sale in Bodrum the area you choose will affect your budget, with Yalikavak currently being Bodrum’s property investment hotspot. Yalikavak has gained an exclusive title over recent years with the newly renovated Palmarina, with its high class shopping mall, chic boutiques and fine dining restaurants, and the recent introduction to Turkey’s second branch of the world famous Billionaire Beach Club.
The marina has transformed Yalikavak from being a summer holiday home destination to a very elite and sought after area for all year living especially amongst yachting enthusiasts.
Yalikavak offers an extensive range of properties with excellent rental yields whatever your budget, from affordable apartments to exclusive luxury mansions with glorious panoramic views of the bay.
A tip for property investors in Yalikavak, is to never compromise in the views available when buying property, as the discerning visitors that the area attracts are always willing to pay that little extra for the best sea views, though it may set you back a little more initially, you will soon reap the rewards with the higher rental yields received.
Bodrum Town is the pulse of the area, where real estate has always been in high demand, and still stands as a firm favourite today. The vibrant town, with its buzzing nightlife and diverse culture, has very little land available with building permission therefore capital appreciation is excellent as prices do increase with demand.
Homes in Bodrum Town can be affordable to match a smaller budget yet they can easily stretch into the millions with luxury homes with sea views and views over the ancient St. Peters castle. The town offers a multitude of property styles too, with modern, contemporary, and traditional homes.
Gumusluk on the western shores of the peninsula, one of the oldest settlements in Bodrum remains an authentic fishing village and has kept much of its charm, as much of the area is protected from huge development. Bargain hunters will love the area as seafront land can be picked up at a fraction of the cost of other areas as do many of the properties too, perfect for those on lower budget who like to be close to the exclusivity of Yalikavak as the marina town is only a short drive away.
Turkbuku, on the northwestern shores, is a bay of two halves, Golkoy being on one side and Turkbuku in the other, jointly named Golturkbuku. The Turkbuku area has been a huge favourite with Turkish celebrities for a number of years, and hosts some of the most expensive Bodrum properties, mostly summer homes for rich Turkish people from the bigger cities.
Turkbuku, unlike Yalikavak and Bodrum town, is a seasonal resort, therefore, if you are an investor searching for possible year round rentals, it may not be the area for you, however, rental yields are extremely high for the summer season.
Gundogan sits on the northern most tip of the peninsula, a stunning authentic Turkish village, located between Yalikavak and Turkbuku. Another popular area for those on lower budgets, for those who like to mingle with the celebrities and mix with the elite of the yachting world, as both areas are within a short drive from Gundogan. A quite summer resort, perfect for holiday homes, where you can pick up a bargain property or a luxury home with a high price tag.
These areas are just a few areas where you can buy property in Bodrum, Turkey, with many more areas available, though there are areas that foreign buyers are forbidden to buy, especially those that overlook the local Greek Islands, always a good idea to check the area when you are looking to buy accommodation in Bodrum , Turkey.
No matter where you choose your Bodrum property, you will never be far from exclusivity, stunning beaches, nightlife, culture, history, and amenities and without doubt you will be able to enjoy the wonderful Aegean climate and clear blue sea.
Turkey Homes will guide you to your ideal Bodrum property for sale, taking in to consideration, your lifestyle requirements and budget.
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