property for sale Bodrum

Tourism

A Major Boost

To Demand And Sale Of

Property In Bodrum

 

The Bodrum district in Mugla Province is a port city. In ancient times, it was called Halicarnassus of Caria. It is situated in the southwestern part of Aegean region. This quite city is home to sponge divers and fishermen. Nightlife and attractive coastline have made it an attractive destination for the northern European population. It serves as a major point of tourist attraction with yachting as the major activity. However, the scenario changed after the middle part of the twentieth century. Every summer this quiet and beautiful city is home to visitors and tourists from different parts of the globe, who over the years have invested in the individual holiday apartments.

 

The emerging market for real estate in the country has impacted different cities scattered in a different region of the country. Bodrum has also leveraged from this market condition. You can find many bargains on properties here that will suit your pocket well. You can get a wide assortment of Turkish properties in this city that mingles local hospitality with that of European standards of living. Luxurious villas, off-plan developments, sea-facing apartments, holiday apartments and normal apartments in affordable price bracket are among few popular properties in the city. Various properties in the city are perfect for vacation, investment, and long-term living.

 

For investment purposes, properties of the city have turned out to be a great option.It has been noticed that visitors and tourists of the city are loyal, and they return to the city each year. Since tourists resort to the same accommodation, there has been a rise of rental property in this port city. Duration between the months of September rental properties is in high demand for rental properties. However, apart from the summer season these properties are also profitable if you wish to sell those. Almost seventy percent appreciation is noticed in prices of villas and apartment according to the recent trend.

 

As the chances of Turkey becoming a member of EU, it is expected there will be a steep increase in prices of properties. A major reason for a boost in real estate in this city is because of its topography. Panoramic view of the sea and gentle breeze in summers, direct flights from various European nations has led to greater footfall of European tourist in the country. If you want to purchase a property in Bodrum then, the most strategic location is the region adjacent to the castle. This area speaks of age-old history and culture.

 

 Cafes, markets and bars situated in this arena have made it a popular hotspot among residents as well as among families who are on a day trip. The investors mostly prefer apartments that overlook the harbor. You can also opt for another location on the peninsula that is adjacent to sandy beaches. This area is preferred mostly by the young investors. Over the years, with appreciation in real estate arena, price of plots have shot high dramatically. Various brokers and management companies can help you to identify appropriate property for sale Bodrum and have a dream home in the Aegean region of the country.