The newspaper has reported that Bodrum region offers both financial and lifestyle benefits to foreign buyers, such as its fabulous Mediterranean climate and booming tourist market. The property values are going up across the peninsula due to increased number of tourists, which is located in south-west Turkey. The publication predicted that the Bodrum region could provide a lifetime investment, particularly since it had the potential to be more lucrative than a property purchase in the UK.
The governor of Mugla region in an interview to TurkishPress.com stated that Bodrum and Fethiye are set to attract more tourists this year. The increase in the number of tourists is good news for owners of rental accommodation in places such as Bodrum, as it means that property is in strong demand among tourists.
Therefore, property owners are set to collect high returns from their investment, particularly as the demand has a positive impact on house prices in the region.
According to the UK-based newspaper the Independent, house prices in the country went up by 20 per cent in 2007.
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