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Discover Luxury Living in Turkbuku: The Saint Tropez of Turkey

Posted by BlogEditor on 9 July 2024
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Turkbuku, on the Aegean coast of Turkey, is a discreet coastal resort on the sparkling Bodrum peninsula. Mainstream travel publications rarely feature it, and holiday package companies tend to shy away from it. However, there is a good reason for that. While nearby places like Bodrum town centre or cosmopolitan Yalikavak cater to everyone from budget to luxury travellers, Turkbuku has established a selective reputation among the elite, famous, and incredibly rich people of the world.

Nicknamed the Saint Tropez of Turkey, during summer, huge luxury yachts drop anchor in the bay. Exclusive restaurants on the promenade and boardwalk get ready to uphold the high standards expected of them. Top-class bars, nearby luxury hotels, and private rental villas offer quality service to their esteemed clientele.

As one of the most exclusive destinations of the Turkish Riviera, Turkbuku attracts some of the most influential people in Turkey. Lately, wealthy foreigners have also turned their attention to the selective ambiance the resort offers. What was once a small fishing village is now a glitzy collection of establishments catering to every whim. So, is Turkbuku an ideal spot to invest in Turkey?

Average Prices of Property in Turkbuku

Much of the decision to buy property in Turkbuku will depend on your budget because it has some of the highest rates in the country. This is due to several factors. Its elitist status automatically notches the price up, and there is also a lack of surrounding land to build on. It has already merged with the neighbouring village of Gölköy, and a high demand for the small amounts of land available pushes the price up considerably.

Property prices generally start from £200,000. For example, a two-bedroom apartment with a communal swimming pool, just 50 metres from the beach, is a fine bargain in Turkbuku. Another example is a resale two-bedroom, two-bathroom apartment, minutes away from the glitzy restaurants and bars, priced at £249,000.

For penthouses and villas, prices start at roughly £650,000. Top-quality, unique design, modern decor, central locations, and stunning views justify the asking price. A fully furnished three-bedroom penthouse with access to a private beach, mooring facilities for yachts, and a fantastic sea view is a lucrative buy-to-let property, utilizing onsite communal facilities and management teams.

If your budget is higher, the sky is the limit. Renovation and new properties focus on architectural design. For instance, a five-bedroom, ultra-contemporary villa with private beach access and mooring facilities offers over 1000 square meters of living space, incorporating luxury living with natural sea views and modern trends.

Reasons for Property Investment

If Turkbuku fits your budget, the next question is the reason for investing in this area. The area is suitable for buy-to-let properties, but the high-class established clientele market means advertising would need to focus on select niches and publications. As part of the Turkish Riviera, there is a significant client base from yachts and traditional gulet boat cruises following Blue Voyage routes, of which Turkbuku is on. It is easy to make connections with this market through utilizing contacts in Bodrum town centre to advertise and source holiday rentals for you.

For anyone looking to make a long-term investment of twenty years or more, Turkbuku is a winner. In the past fifteen years, mortgages have become widely available, leading to a spate of building across the country. While the property market is in full flow, it is still very much in its infancy stages, and long-term projections for property prices are favourable.

If you are looking for a private home for year-round living or holidays, Turkbuku fits all the boxes. Its elite status ensures mainstream tourism crowds avoid it, keeping it a selective resort away from the hustle and bustle of modern-day living.

Facilities and Amenities

While Turkbuku may appear to be a remote utopian heaven, modern day-to-day living is easily managed. The resort has all necessary facilities and amenities, including supermarkets, taxis, doctors, and bars. Just a 30-minute drive away, Bodrum town centre offers essential services like private hospitals, cargo companies, shopping malls, and selective trades such as yacht maintenance companies. One of the biggest benefits of the Bodrum region is its own airport, just a 40-minute drive away from Turkbuku.

Language and Communication

Turkbuku sits on the Bodrum peninsula, which has been a bohemian hangout for worldly artists, writers, celebrities, and foreigners for the last 50 years. It was also one of the first places in Turkey to embrace mainstream tourism, so English is widely spoken. Most locals also know English to accommodate their foreign visitors. It is possible to live in Turkbuku and get by without speaking Turkish, but teachers can be hired for those who want to learn the language. For official purposes, translators operate throughout the Bodrum peninsula.

Now is the perfect time to own your dream property in Bodrum! Experience the enchanting atmosphere of Bodrum, with secure and peaceful living spaces, stunning beaches, and exceptional social amenities. The pearl of the Aegean, Bodrum, is brimming with opportunities to elevate your life. Click now for more information and to be directed to our Bodrum real estate page, and don’t miss out on these incredible opportunities!

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