Konacık 2+1 Apartment | Bodrum's Lowest Entry Point, New Build

Located within a residential complex in Bodrum's Konacık district, this 2+1 apartment offers 82 m² gross / 65 m² net living area. At TRY 6,750,000 (approximately €169,000), it ranks among the lowest-cost entry points to property ownership on the Bodrum peninsula.

The apartment is sold unfurnished, giving the buyer two distinct advantages: first, the flexibility to furnish according to personal taste or rental strategy; second, control over the furnishing budget. When investing for rental purposes, tailoring furniture to the target tenant profile directly impacts occupancy rates.

Konacık is one of the Bodrum peninsula's most central and commercially developed districts. Hospitals, banks, government offices, major supermarkets, and commercial businesses are concentrated here. This infrastructure density makes Konacık one of the most practical addresses for year-round living in Bodrum — and consequently one of the strongest for annual rental demand.

Property Specifications

Location: Why Konacık Leads for Annual Rental

Konacık is one of the Bodrum peninsula's commercial and administrative hubs, sitting 5–10 minutes by car from Bodrum centre. The concentration of hospitals, private clinics, banks, government offices, and large retailers makes Konacık one of the most practical year-round living addresses in Bodrum.

The district's strongest investment feature is its annual rental demand — among the highest on the entire peninsula. The tenant pool is broad: hospital staff, bank employees, local business owners, teachers, construction-sector workers, and government employees transferred to Bodrum. This diversity reduces dependency on any single tenant segment.

Milas-Bodrum Airport is approximately 30–35 minutes away. Access to all peninsula districts is straightforward from Konacık.

Investment Analysis

At TRY 6,750,000 (~€169,000), this is among the lowest entry points available on the Bodrum peninsula in 2026. The investment profile differs fundamentally from resort districts — here the target is not seasonal tourist rental but twelve-month annual rental income.

• Annual rental yield: Monthly annual rent for a 2+1 apartment in Konacık ranges between TRY 25,000 – 35,000. Annual gross income: TRY 180,000 – 264,000. Against the TRY 6,750,000 investment, this translates to approximately 2.7% – 3.9% gross annual yield.
• Zero maintenance fee = net yield advantage: This property carries no complex maintenance fee. In Bodrum, complex fees typically range TRY 1,500 – 5,000 monthly; eliminating this cost saves TRY 18,000 – 60,000 annually, directly improving net returns.
• New-build advantage: The 2025 build date means maintenance and renovation costs remain minimal for at least 10–15 years. The property is exempt from older-building risks (plumbing, insulation, roofing).
• Seasonal rental option: While Konacık is not a primary tourist district, its proximity to Bodrum centre generates some short-term summer demand. Weekly rates of TRY 15,000 – 25,000 are achievable. A hybrid model (summer short-term + winter annual) can boost total income.
• Low entry, portfolio diversification: At TRY 6.75 million, Bodrum property ownership becomes accessible as a portfolio diversification play. Two lower-cost properties in different districts can create a more balanced risk profile than a single expensive property.

Who Is This Property For?

• Lowest-budget Bodrum investors: One of the most accessible options for buyers wanting to own property in Bodrum under TRY 7 million.
• Annual-rental-focused investors: Investors who prefer not to manage short-term seasonal rental operations and seek steady twelve-month income.
• Portfolio diversifiers: Investors looking to add a low-cost, low-risk Bodrum property to an existing portfolio.
• Bodrum-based professionals: Professionals working in the Konacık area who prefer property ownership over paying rent.
• First-time real estate investors: New investors wanting to enter real estate with low risk and gain market experience.

Frequently Asked Questions

What is the difference between construction title and freehold, and how does it affect this property?

Construction title (kat irtifakı) is the deed status of completed buildings that have not yet transitioned to freehold (kat mülkiyeti). Since this property has a valid occupancy permit, there are no issues for practical use (living, renting, utility connections). The difference arises in two scenarios: some banks prefer freehold title for mortgage lending, and informed buyers may prefer freehold upon resale. The transition process is typically completed through coordination between the complex management and the municipality. House Bodrum can provide detailed guidance on this process.

Does the lack of parking affect rental potential?

Konacık has a strong public transport and minibus network, making the car-free tenant segment significant. Annual rental tenants in this area are typically single-car or car-free professionals; for this segment, the absence of parking may not be a decisive disadvantage. However, for seasonal tourist rental — particularly families — no parking can reduce preference. For an annual-rental-focused strategy, the impact is low.

Is seasonal rental feasible in Konacık or is annual the only option?

Both models work. Konacık is not a primary tourist district, so seasonal rental volume is lower than Bitez or Gümbet. However, proximity to Bodrum centre generates short-term demand in summer months. The optimal strategy: June–August (peak season, 10–12 weeks) short-term rental, September–May annual rental. This hybrid model can increase total income by 20–30% compared to annual-only rental. Note that short-term rental requires a GİYK licence.

Viewing and Contact

To schedule an on-site viewing or request further details about this property, please contact the House Bodrum team. Viewings are available Monday to Friday 09:00–19:00 and weekends 10:00–17:00. We provide full support throughout the purchase process, including legal guidance and title deed transfer.