Increase in Real Estate Prices in Bodrum

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Real estate unit prices and annual increase rate in many districts of Muğla, especially Bodrum, which was exposed to a great migration wave with the pandemic, sat at the top of Turkey.

According to the REIDIN 2022 Bodrum regional report of Zingat, the prices of houses for sale in Bodrum have increased by 20.93% in the last month. While the average residential square meter prices in Bodrum district were 18,193 TL, the payback period was calculated as 21 years. Accordingly, in the real estate index and regional report of 2022, the average price of a 100 square meter house purchased in Bodrum district was between 1,364,499 TL and 2,274,200 TL.

When the change in Bodrum sales prices in the last 1 month is examined, an increase of 20.93% was observed. Looking at the change in the last 3 years, an increase of 233.2% is striking. Due to the rapid increase in prices, it is inevitable for real estate investors to evaluate the Bodrum market.

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