Bodrum

Most investors buy in the towns and villages along the Bodrum peninsula. Places such as Bitez, Gumusluk and Yalikavak.
You can still pick up a resale villa here from around ?30,000 but anything in this price bracket will probably need around ?10,000 spending on it to bring it up to scratch. Most properties in this price bracket were built 7-10 years ago, quite often without things like dampproof courses, so make sure when you look at property in this area that you have a structural survey done. New properties of course, do not suffer from these problems and apartments start from around ?35,000 with villas from ?55,000.
Close to Bodrum airport, fantastic beaches and historical sites make Bodrum an excellent area for holiday rental income and good capital gains.>

Bodrum itself is one of the most sophisticated resorts on The Turkish Riviera. Originally a small fishing town, the town has spread out from its historical centre but still retains its atmosphere and a long seafront promenade.
Most investors buy in the towns and villages along the Bodrum peninsula. Places such as Bitez, Gumusluk and Yalikavak.
You can still pick up a resale villa here from around ?30,000 but anything in this price bracket will probably need around ?10,000 spending on it to bring it up to scratch. Most properties in this price bracket were built 7-10 years ago, quite often without things like dampproof courses, so make sure when you look at property in this area that you have a structural survey done. New properties of course, do not suffer from these problems and apartments start from around ?35,000 with villas from ?55,000.
Close to Bodrum airport, fantastic beaches and historical sites make Bodrum an excellent area for holiday rental income and good capital gains.
by Mike Buttery

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