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It has become a sought-after destination. The peninsula’s unique natural beauty, marinas, coves, and luxurious lifestyle standards are increasingly attracting both local and foreign investors to the Bodrum real estate market. From Yalıkavak to Türkbükü, and from Gündoğan to Bitez, each area stands out with its own value dynamics and investment potential.
In such a dynamic market, the most critical way to make the right investment decision is to determine the true value of the property you are considering purchasing or already own through a professional appraisal. An appraisal report protects investors from risks and prevents property owners from selling their real estate below its actual value. Therefore, professional valuation is the most reliable step in the real estate buying and selling process in Bodrum.
What is Real Estate Appraisal?
Real estate appraisal is the process of determining the value of a property objectively, independently, and professionally according to current market conditions. This work is conducted by experts licensed by the Capital Markets Board (SPK) and presented in a detailed report.
When preparing an appraisal report, the following factors are considered:
- Title deed and official records
- Zoning status
- Comparable sales data in the area
- The property’s location and physical characteristics
This report provides a reliable reference point for investors or property owners, making the processes of sale, purchase, and financing much more transparent.
Key Factors Determining Property Value in Bodrum
Even two seemingly similar properties in Bodrum can attract very different prices. This is because many variables affect real estate value in the region. Below are the main criteria that directly influence housing prices in Bodrum:
1. Location
- Yalıkavak has the highest prices due to its marinas and ultra-luxury projects.
- Türkbükü stands out with its prestigious lifestyle.
- Gündoğan is frequently preferred by investors for its more accessible prices.
- Bitez is valuable due to its central location and proximity to the sea.
- Adabükü has emerged as a rising area in recent years with rapidly developing projects, a tranquil lifestyle, and closeness to the airport. Its appeal to investors is enhanced by new housing projects and its nature-integrated location. As in all regions, distance to the sea, view, road access, and the quality of nearby projects directly affect property prices in Adabükü.
Distance to the sea, view, and road access significantly influence property prices.
2. Property Type
Detached villas typically have higher values than apartment units due to larger land shares and greater privacy. Residences and apartments in branded projects attract additional demand thanks to their social amenities.
3. Land Share and Zoning Status
Properties with floor ownership and proper permits are much more advantageous in terms of value.
Properties with zoning issues, unauthorized additions, or joint title deeds tend to have lower prices.
4. Project Quality
Modern architecture, smart home systems, high-quality materials, professional landscaping, and private pools significantly increase a property’s market value. Branded projects stand out due to their security and prestige advantages.
Average m² Prices in Bodrum for 2025
| Area | Price Range (TL/m²) | Price Range (USD/m²) | Price Range (EUR/m²) |
|---|---|---|---|
| Yalıkavak | 100,000 – 150,000 TL | ~4,000–5,000 USD | ~3,300–5,000 EUR |
| Türkbükü | 90,000 – 140,000 TL | ~3,600–4,700 USD | ~3,000–4,200 EUR |
| Gündoğan | 80,000 – 120,000 TL | ~3,200–4,000 USD | ~2,700–3,600 EUR |
| Bitez | 100,000 – 130,000 TL | ~4,000–4,400 USD | ~3,300–4,000 EUR |
| Adabükü | 80,000 – 120,000 TL | ~3,200–4,000 USD | ~2,700–3,600 EUR |
It should be noted that new projects are sold at prices 20–30% higher than second-hand properties. The value increase in foreign currency terms is generally more stable.
How Does the Appraisal Process Work in Bodrum?
A professional appraisal process generally involves the following steps:
- Review of Official Documents
Title deeds, zoning, and project documents are examined in detail. - On-Site Inspection
The appraiser visits the property and analyzes its physical characteristics and environmental factors. - Comparable Analysis
The sale prices of similar properties in the area are studied to form an expert evaluation. - Report Preparation
A detailed appraisal report is delivered within 3–5 days on average.
The appraisal value often differs from the value listed on the title deed, as previous years’ records may have been undervalued. Therefore, professional valuation is the most reliable way to determine the true market value.
Appraisal is Essential Before Investing in Bodrum
If you want to take the right steps in Bodrum’s rapidly appreciating real estate market, an appraisal report is your most reliable guide. It forms the cornerstone for risk-free, transparent, and informed decision-making for both property owners and investors.
Professional Real Estate Consultancy on the Bodrum Peninsula
Receiving professional support during the buying, selling, or appraisal process on the Bodrum Peninsula increases the security of your investment. We provide appraisal and consultancy services across Bodrum, ensuring accurate property valuation and guiding you through the buying and selling process reliably. Whether for investment or personal residence, knowing the true value of your property and taking the right steps is essential. Make a difference in your investments with a trusted real estate consultant in Bodrum.
