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Page 7 of 8


Anatolian Delight
BODRUM, TURKEY

homme_turkey.jpg
Cemal Emden
A BREATHTAKING PENINSULA jutting out into the lapidary waters of the Aegean, the southwest coast of Turkey—and Bodrum in particular—is booming. From apartments to villas, Bodrum is on the vanguard of Turkey’s coastal building renaissance. With its secluded sandy beaches, watersports including windsurfing and world-class sailing, and some of the bluest waters in the Western world, the area is as alluring now as it must have been to Homer thousands of years ago. (Those who remember their forced marches through Latin and Greek in high school might be intrigued to learn that Bodrum was both the birthplace of Herodotus and the site of the Mausoleum of Halicarnassus, one of the Seven Wonders of the Ancient World.)

With truly electric nightlife (dozens of clubs and bars dot the maze of waterfront streets) and a buzzing expat contingent, Bodrum is the Turkish vacation spot du jour, particularly for Europeans. The British have made the biggest inroads in terms of property ownership here, with plenty of well-off Turks in search of seaside villas also scooping up land.

But just as things were exploding, the government yanked the reins with a new law that bans foreign companies from procuring title deeds.  And though insiders and brokers think the ban isn’t here to stay—a similar thing happened in 2005 and lasted for just six months—buying a property here should be researched meticulously. In the meantime, agents are still making sales and construction crews are still laying stone, betting that in the time it takes to get a deal done, the ban will be lifted. The revelers carry on as well.

EXPECT TO PAY
$750,000–$2,250,000

ACCESS
Direct flights leave daily from Istanbul Ataturk Airport for the one-hour flight to Bodrum.

ATTRACTIONS
With stunning beaches, diving, sailing, and a thrumming party scene, Bodrum is an Anatolian Ibiza.

POLITICAL UPDATE
In April, the government ordered a freeze on issuing title deeds to foreign companies. Insiders say it’s temporary.

HOT FACTOR
Very Hot Dubbed the Turkish St. Tropez, Bodrum is seeing a huge influx. Skip the luxury apartments in town and get a villa outside city limits, perhaps in the olive-tree-lined hills near Yalikavak.

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