Last Updated on 20/04/2023
Bodrum Turkey, is a port city in Muğla Province. It is a hotspot for vacation and foreign properties buyers attracting many nationalities. With its unique architecture, beautiful beaches, luxurious resorts, and villas, as well as its vibrant nightlife, the village has been the favorite destination of wealthy celebrities and Hollywood stars. It was assimilated to the Turkish version of Saint Tropez, according to New York Times in 2006.
In this article, we will present some interesting facts about Bodrum for those who think about relocating to this marvelous village.
Location of Bodrum Turkey
Bodrum Turkey, is a peninsula situated on the southern coast of the Aegean coast and the Northeastern shores of the Mediterranean at the Entrance of Gökova Gulf. The village of Bodrum is located South of Izmir Province and faces the Greek Islands of Rhodes and Mikonos.
Climate and nature of Bodrum Turkey
Bodrum has a typical Mediterranean climate with hot sunny summer and mild, humid winter. The temperature in summer varies between 33°C to 38°C. While in winter, the temperature shows an alteration between 6°C and 15°C. We should not that January-February are the coldest and the wettest months of the year in Bodrum, Turkey. If you are one of the sun-beach holiday lovers, we recommend visiting Bodrum, Turkey, in May-September. However, if you prefer enjoying the sun in a calm atmosphere and benefit from reasonable prices, you should consider the off-season period.
Bodrum Turkey, is distinguished for its unique landscape. It is mainly famous for its sunny turquoise beaches. Moreover, the village offers breathtaking bays for hiking lovers.
Furthermore, Bodrum, Turkey, has an exclusive architecture featured by prism-shaped houses with White walls and blue doors and Windows. Bodrum architecture is mainly special for its simple design and the use of local materials such as wood, stone, and clay.
Investment and Economy in Bodrum Turkey
During the 20th Century, the economy of Bodrum was mainly based on fishing for years. Later, Tourism became one of the major activities and main income source of locals. Consequently, the abundance of tourists and the development of tourism contributed to the thriving retail and service industry and the real estate in Bodrum.
Bodrum Turkey, remains a fruitful land for investment. The area has recently witnessed increased local and international investment in different sectors. Having one of the most important ports in the world, besides being the closest point to the West, made Bodrum prominent as a transporter and facilitated commerce and trade exchanges.
Tourism Investment in Bodrum
Bodrum Turkey, is one of the preferred destinations for tourism for tourists worldwide. This prominent position is due to a solid, adequate tourism structure featured by abundant resorts, panoramic beaches, and a good transportation network. Moreover, the peninsula is famous for its well-equipped Yacht Marina.
Tourism investment in Bodrum has remarkably increased recently as many investors directed their attention here. It helped enhance the tourism infrastructure such as hotels, resorts, restaurants, and much other equipment. Thus, the area became a tourism and retirement hub mainly for Britons, Germans, Belgians, Polish, and Deutsh. Furthermore, it turned into a preferred destination for wealthy Indian weddings.
This preference for the area increased the demand for the properties for sale in Bodrum, which developed it into a real estate foreign owners center.
Real Estate Investment in Bodrum
Surrounded by sea from three sides. Bodrum Turkey has become a favorite area known for its real estate investment. It is beneficial to buy real estate in Bodrum thanks to its geography and nature, impressive views, and beautiful beaches.
International holidaymakers have directed local and international investors to Bodrum. Thus it remains the favorite destination for celebrities, high-society, and wealthy people. It attracts foreigners globally seeking properties for sale in Bodrum, whether for holiday homes or relocation. Consequently, the high demand for luxury properties in Bodrum increased significantly. We should mention that the most preferred real estate for sale in Bodrum are Sea view villas and luxurious apartments in a holiday resort with the swimming pool as a must.
Bodrum, Turkey, became then an important gateway for foreign investors and holidaymakers thanks to the properties’ low prices and the low cost of living in Bodrum. Furthermore, the ex-pat community that has been created recently encouraged foreigners to come and invest more and more in Bodrum.
Learn more about Real Estate in Turkey.
If you want further details about moving to Bodrum, Turkey, MEO Consultants offer you a complete advisory. Our experienced team gives you also full-service consulting if you seek luxury properties for sale in Bodrum, Turkey.
To know more about our services, please click here.
