Incredible as it may seem, the coronavirus pandemic has revived the real estate market of the most fashionable and prestigious Turkish resort, Bodrum. The wealthy residents of large cities, tired of quarantine, began to massively buy villas and apartments in Bodrum. The Turkish real estate publication Emlak Kulisi reports that the rise in apartment prices in Bodrum reaches 83 percent per year. Meanwhile, the cost of house rentals in Bodrum has also increased - the demand for property rentals is as high as for properties for sale. The villas, which you could rent at 10,000 liras per month last year, are rented this year for 30,000 lira per month and more. The selling value of villas in Bodrum today starts at 2.5 million liras (about € 291,000).
Located on the coast of the Aegean Sea, Bodrum is a Turkish resort that is popular among world and Turkish stars and wealthy property buyers in Turkey.