A Place in the Sun

Hot Properties in Bodrum

 

Property in Bodrum

The Bodrum peninsular on Turkey’s Aegean Coast is one of the biggest hotspots for British buyers on the Turkish Riviera, although it’s long been a Turkish favourite. In fact President Erdogen was holidaying there with his family when the failed coup kicked off.

With its upgraded international airport terminal, three international marinas and two shopping malls, it is easy for year-round living too. Many restaurants stay open in winter months and despite a lack of sandy beaches, its location is perfect to discover the Greek Islands; the World Heritage site of Ephesus and the local fishing villages, bays and marinas.

It’s also very international since Turkey relaxed its property buying laws. Many of the new (wealthy) buyers coming from Jordan, Ukraine, Russia and Oman are keeping prices at the top end very high - back to pre-recession levels.

Some five-star brands have arrived there in the past few years - Kempinski, Mandarin Oriental - and the Zuma restaurant - catering to the high-end market of the peninsula, which also offers some stunning contemporary viillas by top architects. Model Kate Moss is a regular visitor for detox holidays at a retreat nearby.

But there’s a wide choice of homes for different budgets, a well-established Turkish market making re-sales easier and a strong rentals market.