Bodrum Peninsula 'tourist area' planning
The following link gives recent planning ruling details regarding the Bodrum peninsula, with particular reference to the N and NW coastal region.

Mayors support gov’t plan for Bodrum region

This may temporarily affect some buying and selling of properties along the coastal strip which fall into the zone being re-established for buildings planning (as a result of the Mugla Provincial Authority led re-evaluation)
This will ultimately lead to an increase in desirability for coastal fringe properties as infrastructure enhancements and improvement grants become available.
 
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Bodrum Peninsula 'tourist area' planning
Yes,I read this recently and the question that came to mind was....WHAT ARE THE PLANS??......ANY IDEAS??
 
Bodrum Peninsula 'tourist area' planning
Apparently to improve the 'tourist experience' within, and immediately around the towns, of the peninsula and improving the quality of the general infrastructure (accomodation,roads, services and supplies) to the outlying areas along the coastal fringe where many tourists 'stay' - and of course where many people, including Turks, live.
 

Sunny Seasider

Life is so precious
Bodrum Peninsula 'tourist area' planning
Does it affect the selling process though? And if it does this should impact.
 

hammers

Member
Bodrum Peninsula 'tourist area' planning
the infrastructure certainly need some investment and tourism is the life blood of the peninsula so bring it on i say
 
Bodrum Peninsula 'tourist area' planning
Does it affect the selling process though? And if it does this should impact.

As you know the selling process is affected in regard to properties falling within the 'seashore zone' in that the transfer of Tapus is currently restricted to Turkish nationals (until the planning issues are resolved) However houses can still be traded if purchasers buy with the added protection of an Hypothec (legal charge on the property in their name).
Understandably this may be an issue in that there is, as yet, no definitive time scale for the final Tapu transfer to take place (but how many people who have bought in Turkey as a whole are still awaiting their Tapu?) and so some may feel that there is an inherent risk in the process - this is one negative impact but it could be outweighed by the increase in property values when the legislation is passed..........who knows??
 
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