Bodrum starting to attract billionaires - The Times
This article was featured in The Sunday Times on the 7th October 2012, a UK newspaper, and was written by Karen Robinson and is titled ‘Sultans of bling’.
The article focuses on the recent trend of several millionaires and billionaires looking towards Turkey’s Bodrum Peninsula to purchase luxury homes due to the large marina presence in Bodrum being perfect for their mega yachts and boats.
Karen delves further into investigation to argue that Bodrum may well be on its way to becoming more popular than St Tropez for its glamorous lifestyle and idyllic waterfront real estate on offer – resulting in billionaires are buying up homes and being attracted to the life attained in Bodrum and the ease of access to the water.
Featured in the article, are two clients from Property Turkey who both bought properties in Yalikavak area of Bodrum and why they chose Bodrum rather than other Mediterranean seafront locations after spending years researching into potential countries and regions – Bodrum came out on top.
The article makes a mention of the new top quality Yalikavak Marina and the impact this is due to have on value of property in the area and the type of people who are going to be attracted towards this development – evident by the recent snapping up of shop fronts along the marina road by world famous high class shopping brands.
The article is a general positive perspective of the Bodrum real estate market and the future of investing in the area. With the development currently ongoing in Bodrum, Property Turkey notes that there will be no slowing down in the flock of billionaires and millionaires heading to Bodrum.
To read the full article in The Sunday Times, please click here.