Property in Bodrum
Property in Bodrum: It is also convenient for year-round living, thanks to its refurbished international airport terminal, three international marinas, and two shopping malls. Many restaurants remain open during the winter months, and despite the absence of sandy beaches, its position is ideal for seeing the Greek Islands, Ephesus, and the surrounding fishing villages, bays, and marinas. Although it has long been a Turkish favorite, the Bodrum peninsular on Turkey’s Aegean Coast is one of the most popular sites for British buyers on the Turkish Riviera. In reality, when the botched coup began, President Erdogen was vacationing there with his family.
In recent years, Kempinski, Mandarin Oriental, and the Zuma restaurant have opened, catering to the peninsula’s high-end market, which also includes some spectacular contemporary villas designed by prominent architects. Kate Moss, the model, is a frequent visitor to a neighboring detox resort. It’s also highly international now that Turkey’s property-buying laws have been eased. Many of the new (affluent) buyers from Jordan, Ukraine, Russia, and Oman are keeping top-end prices high, returning to pre-recession levels.
However, there is a large range of residences for different budgets, as well as a strong rental market and a well-established Turkish market that makes resales easier.