Business for Sale in Bodrum Muğla | Commercial Real Estate in Bodrum Muğla

Located on the southwestern coast of Turkey in Muğla, Bodrum is attracting the eyes of both local and international investors with its increasing value of commercial hubs. This tourist haven is improving its infrastructure, transportation links, and expanding amenities each year for expats. These improvements make it a perfect destination for a long-term investment in commercial property in Bodrum for you.

Available Commercial Property Types

With its primary focus on tourism, you may find a spectrum of commercial real estate in Bodrum. These types of properties heavily depend on the business strategies you are planning:

Retail Spaces: These are usually situated in high-traffic areas, such as touristic zones or city centers. If you are in the market for retail properties, these locations are ideal for shops, restaurants, and cafés.

Office Spaces: Increasing demand for luxury lifestyle opens a market for modern office spaces. Additionally, growth of local businesses and startups has affected the types of businesses newly built. These properties typically offer amenities that cater to business requirements.

Hospitality: Complimenting the luxury lifestyle of Bodrum, the hotels and resorts offer world-class amenities and services. People who are looking for business for sale in Bodrum prefer these properties because they range from boutique hotels to large luxury resorts.

Mixed-Use Developments: The multifunctional nature of these real estates enhances their appeal among a variety of tenants and investors. They often include retail shops on the ground floor with apartments for sale in Bodrum or offices above, while providing high rental income.

Average Price Range for Commercial Properties

The pricing ranges for commercial real estate in Bodrum varies solely based on property type and location. On average, prices hover around 4,500 dollars per square meter. The prices are usually influenced by these factors:

Location: Real estate prices are higher in tourist-heavy or near the coast areas. For now the places that are offering higher to lower price ranges include (in order) Türkbükü, Kumbahçe, Gölköy, and Yalıkavak.

Market Trends: Increasing demand for commercial real estate in Bodrum leads to rising prices. There has been a 68.06% annual increase in property values in recent years.

Type of Property: Different types of commercial properties (e.g., retail spaces, hotels, offices) have varying price points. Especially luxury hotels may significantly differ in price from retail spaces or offices.

Top Investment Locations

If you are interested in commercial real estate in Turkey, Bodrum, these are the prime locations for your needs:

• Yalıkavak: Famous for its beautiful marina and luxury homes, it appeals to a clientele of wealthy buyers and tourists.
  
• Bodrum Town: The high tourist traffic heavily influences diverse commercial opportunities of this town center.
  
• Gümüşlük: With its tranquil setting and growth potential, it is gaining popularity by charming people every day.
  
• Turgutreis: This popular holiday destination has 5 km of sandy beaches, waterfront restaurants and bars. Turgutreis offers a more community-oriented feel because of its close proximity to these amenities.

Things to Consider Before Buying Commercial Property

As Investors, you may have to evaluate several important factors before purchasing:

Local Market Trends: Check to see If you can understand the current conditions of the market. This will help you acquire insight on the future property values.

Legal Consideration: Ensure compliance with local laws regarding property ownership and zoning regulations.

Due Diligence: With careful inspections and assessments of the property, find the best commercial real estate for your needs. You may even inspect the place online with our virtual home-buying system TeleProperty ®.

If you need help with purchasing real estate, you can check our Turkish property buying guide.

Best Areas to Buy Commercial Property

Here are some of the most promising neighborhoods in Bodrum from a purchasing perspective:

• Yalıkavak: Including luxury amenities and lively social scene, this neighborhood is an ideal location for upscale retail and hospitality ventures. Its excellent location makes it suitable for those who want to buy land in Bodrum, Turkey.
  
• Town Center: It is a prime area for retail investment as well as buying; in addition to cultural venues that enhance the appeal of commercial properties.
  
• Ortakent: This neighborhood is known for its budget-friendly prices while providing great access to tourist attractions. Ideal for those seeking to start a journey into investment.

Upcoming Commercial Property Developments

In addition to infrastructure developments that were made by the government, there are also several planned projects in Bodrum: High-end resorts and residential projects, revitalization projects and mixed use developments are just to name a few. Additionally, prime amenities such as sea view, private pool, and proximity to beaches along with these positive changes set up a great place for people interested in buying a house in Bodrum.

Average Rental Yields for Commercial Properties

In Bodrum, the rental yields range from 5% to 10% depending on the type of property and its location. The demand for short-term holiday rentals and long-term rentals affects the competitive yield rates as well. During the peak tourist season you can observe these effects more clearly.

Comparison with Other Turkish Cities

What makes Bodrum stand out from other big cities like Antalya or Istanbul? Countless qualities could be named, but Bodrum’s commercial property market offers unique advantages compared to other cities:

• Tourism Focus: The economy in Bodrum is almost solely based on tourism, providing increasing demand for rental properties. This international tourist traffic opens up opportunities for local businesses, creating a vibrant commercial ecosystem.
  
• Lifestyle Appeal: Bodrum attracts many high-net-worth individuals with its natural beauty and luxury lifestyle. Whether they are seeking vacation homes or investment properties, Bodrum has them all. Upcoming sustainable and eco-friendly developments contribute to this demand as well.
  
• Cultural Richness: Its rich history and cultural offerings enhance its appeal as a desirable destination for both tourists and investors.