All real estate in Bodrum, Turkey

Real estate in Bodrum

Location, climate, and economy

Bodrum is a city in the province of Mugla, in the north of the Gulf of Gökova (Aegean Sea), opposite the Greek island of Kos, about 300 km west of Antalya. The city is popular among tourists from around the world and in Turkey itself as an elite premium resort.

The climate is temperate Mediterranean. The weather is formed mainly under the influence of the cooler Aegean than the Mediterranean. Thanks to this feature, the weather in Bodrum is more comfortable in summer compared to the cities of the Mediterranean coast. January and February are the coldest months on the Bodrum peninsula. The air temperature at night drops to 5-7°C, and the average temperature during the day does not exceed 10-13°C.

The local economy is entirely based on tourism. There is no industrial production on the territory of the city. The main occupations of the local population are trade, work in the service sector and housing rental. Wealthier residents can afford to buy housing or small hotels for rent, less well-to-do residents rent out their homes during the holiday period, while they themselves live in temporary buildings.

Market and property prices in Bodrum

Bodrum's real estate market is one of the busiest in the country. Some experts compare this resort with the Cote d'Azur. Many tourists, prosperous nature and developed infrastructure make this city very attractive for foreign investors who want to save and increase their capital. The local real estate market is in constant dynamics and new properties with reasonable prices appear regularly. The return on investment is high (the income from renting an average residential property by the sea is 5-7% per year, prices in Bodrum increase by 8-10% every year).

The average cost of housing in the city varies between 1.5 - 3.5 thousand euros per square meter. A small part of the market consists of luxury properties, often villas, which cost between 1-3 million euros.

Real estate prices vary depending on the location of the objects and their area.

• Estimated price of real estate in Bodrum:
• apartments with two bedrooms in a residential complex with a sea view - from 60 to 200 thousand euros;
•  apartments with two bedrooms on the coast in Yalikavak, Turkbuku or Bodrum itself - up to 500 thousand euros (luxury property under management);
•  villas with 3-4 bedrooms in a residential complex with general conditions (swimming pool, cafe, fitness club) - from 120 to 500 thousand euros;
•  a separate house or villa on the coast - from 500 thousand euros to 10 million euros;
•  mansions (exclusive category of houses) - from 1 to 4 million euros depending on the size, location and land plot.

 Property types for sale

The range of commercial and residential real estate in Bodrum is quite wide and includes both small-sized studio apartments and large hotel complexes that are in great demand.

Bodrum real estate is represented by the following types:

• residential (apartments, villas, apartments, mansions, houses, townhouses, penthouses);
• commercial (hotels, restaurants, cafes, bars, shopping centers, etc.);
• land for construction.

Real estate website in Bodrum (full catalog)

We recommend that you use only expert information and follow the instructions of specialists. The GEOLN.COM real estate website will help with this; it contains the current catalog of verified Bodrum real estate objects.

Buying property in Bodrum by foreigners: the nuances of investing

Investment in real estate in Bodrum in the amount of 400 thousand dollars allows a foreigner to obtain citizenship of the Republic of Turkey. Foreign investors can purchase real estate in Bodrum, which is located on the northern, western and some eastern coasts.

Territories that directly go to the Greek islands, in particular the island of Kos, are prohibited for purchase by foreigners. Other areas are completely safe and open to foreign nationals who want to buy property and land in Bodrum. The procedure for acquiring housing is clearly regulated by law, the process of concluding a transaction is transparent.

With the help of GEOLN real estate specialists, you can choose residential and commercial real estate in Bodrum according to the necessary parameters and preferences, buy or sell real estate, and entrust the purchased property to professionals who will take care of the safe conclusion of the transaction and the submission of the necessary documents to the country's registration authorities.

Buying property in Bodrum is a profitable investment in one of the most popular luxury resort cities in Turkey. This is an attractive investment that guarantees a high income and an opportunity to live in a place created for comfortable recreation and cultural activities.

Real estate prices in Bodrum