Holiday Lettings news - Bodrum peninsula is Turkey's answer to St Tropez

Bodrum peninsula is Turkey's answer to St Tropez

Turkey's Bodrum peninsula has been recommended to overseas property investors. Described as Turkey's St Tropez, the Bodrum peninsula was once the haunt of artists and intellectuals, but it is now a firm favourite with second home owners.

The jewel in the crown of Turkey's Turquoise Coast, the "fat fist" of the Bodrum peninsula found fame on television's 'A Place in the Sun' programme, reports The Financial Times.

Network Turkey, which represents UK estate agents and construction companies, explained the attraction of the area: "The climate is wonderful and likewise the food and hospitality. And it has a fascinating history." The paper adds that "Turkey has more Greek monuments than Greece and more Roman sites than Italy" and Bodrum in particular boasts over 5,000 years of stories.

There are several overseas property investment opportunities for those interested; from apartments and villas near Bodrum marina to small, exclusive developments outside of Bodrum town. Investors should note that earthquake insurance is compulsory and if you are buying anywhere that overlooks a Greek island, therefore deemed militarily strategic, all foreign nationals must apply for military permission to check that the title is not in a restricted area.

The Bodrum peninsula is home to a third-century BC amphitheatre and the underwater ruins of the ancient city of Myndos. Meanwhile, Bodrum town's marina with "super-sleek yachts bobbing" in the water is in stark contrast to the region's historic monuments.

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