Bodrum, Turkey Properties A Sweet Investment
10 December 2010
Nicknamed the 'St.Tropez' of Turkey, Bodrum is a popular holiday resort on the Aegean Sea. This area has been a popular location for foreign investors for quite some time now, because the prices are still reasonably and the properties offer a high return on investment. Now, with Bodrum becoming even more of a hot travel destination, property for sale in Bodrum is becoming more and more desirable.
The sustained marketability and high demand for rentals in this area makes property for sale in Bodrum a very enticing option, and the natural beauty of this location on Turkey's sunny south coast, only sweetens the deal. Boasting a new state of the art marina, many sophisticated restaurants, and a fascinating Museum of Underwater Archaeology, Bodrum has plenty to draw the curious visitor. In the high season, the night life in the town is thriving and residents can always find somewhere to party. During the off season, Bodrum mellows down to the pace of a relaxing resort.
Many clever investors are snapping up Turkey property for sale and then renting it out for part or all of the year to tourists. These property owners are watching their homes grow in value year after year as the tourism-focused economy strengthens in Turkey, as well as earning a constant supplementary rental income. Another advantage to purchasing in Turkey is the strength of the Pound, Euro, or Dollar against the Turkish Lira. This means that the average property for sale in Bodrum will likely be cheaper than a similar property in a location in Europe.
Turkey is only predicted to continue its trend of strong economic growth, so if you are interested in investing in a holiday property, now is a golden moment of opportunity that won't last for long.
Article by Hannah Morris
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