Buying a property in Bodrum is an attractive investment option for foreigners who want to invest in a holiday home or permanent house. Prices for houses and apartments in southwestern Turkey are rising by 5-10% per year, making investments quick and safe.
The city is located in southwestern Turkey and covers an area of 650 km². The population of Bodrum is about 40 thousand people, but this number swells during the summer months. About three times more people live in rural areas adjacent to the city.
Real estate in Turkey on the Aegean coast is continuously in demand by investors from all over the world.
Quick adjustment: There is a large expat community here in Bodrum and they are friendly and happy to help out with language issues and to help you find the best ways of doing things here in Turkey.
Reasonable prices: Food and clothing in the city are 2-3 times cheaper than in Europe. Getting around Bodrum by bus or taxi is also relatively inexpensive and easy.
Compactness: Clinics, shopping centres, consumer services and recreation parks are within walking distance of the coastline.
Profitable investment: Over the past ten years, housing in Bodrum has steadily risen in price - an average of 10% per year. Even though costs are 40-60% less than similar facilities in Spain or Italy, buying real estate in the city in 10 years will fully pay off and begin to make a profit. You can also invest in Turkish real estate in the resort area to earn money on rental housing: villas and apartments near the coastline are in steady demand among tourists.
The absence of a visa barrier: Foreign citizens do not need a visa to visit Turkey. During a visa-free stay in Bodrum (90 days), you can pick up a property and register it. Owning a house or apartment in Turkey gives a foreigner the right to obtain a residence permit and stay in the country for five years.
Citizenship: If you buy a property with a value of more than $4000,000, then you can apply for Citizenship. (June 2022 updated fig.) This is a simple process that we at Summer Homes can assist with.
Airport: The airport, which services Bodrum, is only 31.5 km away and is called Milas-Bodrum. Many transfer companies are available to help you get to your property quickly, and it can take around 40 minutes.
Charm: This pretty town has oodles of charm and old-fashioned Turkish hospitality. Stunning coves surrounded by the warm turquoise sea make this a must-visit place.
Climate: The climate in Bodrum is temperate. In the summer months, the air temperature during the day is + 26 to + 30 ° C. 5 ° C cooler in spring and autumn. In winter, air temperature rarely drops below 12 ° C during the day. Most rain falls between December and February.
Houses and apartments in Bodrum are often sold with decoration and furniture, air conditioning and other household appliances,especially if they are in the resale market. Housing options in a new building and the secondary market differ only in the price: the first is 10-20% more expensive.
Many tourists during their vacation prefer to move around the peninsula in a rented car.
You can hire a car at the airport or in the city. To do this, you must have an international driver's license. The price is approximately 9 euro per day.
For fans of sea sports, this area is home to sailing and yachting. Divers should head to Orak Island.
To get acquainted with the ancient architecture and culture of the city, we advise visiting the following:
There are many exciting excursions in Bodrum:
Buying a house or apartment in Bodrum could be the start of a whole new life for you. Using a reputable real estate company such as Summer Homes will ensure that the process is simple and easy for you. We will help you choose the best district and type of housing and properly explain how to draw up documents for the house and residence permit.