Built on the picturesque hills that make up the peninsula, apartments in Bodrum almost universally have views out over the Aegean and Mediterranean seas. Prices for a Bodrum apartment begin at around Euro 50,000 in Gulluk, Euro 60,000 in Gumusluk and Yalikavak and Euro 70,000 in Bodrum Town.
Apartment complexes here are built to a classic Mediterranean design, with whitewashed walls and climbing flowers. Building restrictions forbid construction above two storeys, which means your view will remain unobstructed. Apartments range in size from cosy two beds to spacious duplexes to luxurious penthouse units. Most complexes have at least one pool, and some duplexes even have private pools. A perennial favourite with tourists, the rental potential in Bodrum is fantastic. Depending on your Bodrum apartment, you can expect annual rental returns of up to 8%. Investment in Bodrum is also a fantastic option for anyone hoping to make their money work for them - prices are rising around 10% each year.
Reasons to Buy an Apartment in Bodrum
For many, the biggest lure of buying and owning a flat in Bodrum, whether just using it for summer or as a permanent residence, is the addictive lifestyle. For decades, Bodrum’s hedonistic reputation has attracted people from many countries who pursue pleasure. It is a carefree atmosphere that also makes it one of Turkey’s top three tourist destinations, and number one on the Aegean coast. Drawing influences from worldly cultures, the cosmopolitan vibes also make every stranger feel right at home. Whether indulging in top-notch cuisine, lying beachside, sailing the coastline, or exploring ancient ruins, everyone finds something to do. Flat owners also enjoy a low cost of living, when compared to other countries.
Combine a life of pleasure with the low costs and it is easy to explain why many people buy apartments in Bodrum. Looking at the broader picture, Bodrum is a major player of Turkey’s real estate market and the country is itself experiencing a rush from foreign buyers eager to tap into affordable prices, citizenship by investment schemes and the potential for long term capital appreciation. Since Bodrum is an active market, it also offers high liquidity should investors want to convert their real estate purchase back into hard cash. Additionally, it is a popular destination for Turks but also international buyers, so you have a global audience to market to. Last, who can ignore the delights of Turkey’s weather climate? Hot summers and cool spring and autumn seasons combine with a short rainy season to present an ideal destination for all-year-round residence.
Apartments for Sale in Bodrum: Location is Everything
They say location is everything when buying a new home, and the peninsula is no exception. House buyers have a choice of 19 different areas to look at and each present something unique that appeals to specific demographics. Budget flat buyers would do well to look at the areas of Guvercinlik, Konacik, Adabuku, Gulluk and Bitez. Upmarket buyers looking for luxury penthouses or duplex flats, should look at the town centre, Gundogan, Yalikavak, and Turkbuku that the New Times called Turkey’s Saint Tropez. Areas leading the market include...
Glitzy Yalikavak: This Turkish riviera stronghold overtook the town as the King of the peninsula when the glitzy Palmarina Mega Yacht Marina opened and attracted wealthy and influential people from around the world. However, the old quarter still adheres to time-honoured traditions, and this makes Yalikavak an all-rounder suiting every type of buyer.
Peaceful Gumusluk: Sitting nearby, Gumusluk embraces an atmosphere that seems a world apart from other destinations. This small, peaceful resort is slow-paced hence attracts buyers who want to relax and absorb the simple side of life. The landmark Rabbit Island sometimes attracts curious holidaymakers from other parts of the peninsula, but other than that, think BBQs and walks on the beach every day. The jewel in the crown for Gumusluk though is its seaside restaurants serving delicious fresh fish and seafood throughout summer.
Bodrum Town: This is where it all began and buyers who want the best shopping, nightlife and transport links should look at flats in the town centre. Whether you want an old-style Turkish Bodrum apartment for sale to renovate and make your cosy home, or a new penthouse featuring the latest in decor and design, the architecture of both blends together.
Beachfront Hotel Residences in Bodrum
A popular theme for luxurious penthouse living is beachfront residences, which is no surprise given the peninsula has miles and miles of long sandy beaches and the cool waters of the Aegean to swim in. These appeal to buyers looking for holiday homes and buy-to-let real estate investors looking for rental income. The hotel-style theme means owners can tap into a variety of on-site services including reception desk, restaurants, bars, gyms, saunas, concierge services, swimming pools, and much more. Should owners want to generate an income, the management team also lets out apartments on a hotel basis. Contact us to find out more about this Bodrum apartment lifestyle.
How to Buy a Flat in Bodrum
The first step is to browse through our listings of one to six-bedroom flats and duplex homes. Each listing displays photographs, floor-plans if applicable, key features about the flat, location details and our contact information to find out more about a flat or arrange a time and date for viewing. If you are in the area, pop into our office and meet our local staff who will be happy to answer questions, and show suitable flats for sale in Bodrum there and then. After you have chosen the flat you want to buy, we will walk you through the property buying process from handing over a deposit to signing for the title deeds and putting your keys in the front door. Having helped hundreds of Turks and foreigners purchase apartments in Bodrum, our experienced staff are here to make buying Turkish property stress-free.