The investment of Çağdaş Holding, which is one of the leading groups of Bodrum in the field of hospitality and construction, has been based on 200 million euro in the last 5 years. Çağdaş Holding, which introduced Bodrum to Swissotel in 2015, is hosting the second Swissotel next year.
Explaining that they have developed 30 projects in Bodrum until today, Çağdaş Holding Executive Committee Member Dağlarca Çağlar explained that the investments made in the last 5 years reached 195 million euros.
Çağlar stated that they were introducing the province with Swissotel Bodrum Beach for the first time and said "Now we have invested 100 million euros in Yokusbasi to handle Swissotel Bodrum Hill and we will get this hotel next year."
Real Estate Prices Rose
Bodrum has entered the radar of investors with the rising real estate prices. In Bodrum, which is at the forefront of the investment plans of the world's leading luxury hotel chains, real estate prices have increased by 100 percent in the last few years parallel to this demand.
Çağlar stated that the average price of a real estate project in January 2013 was 2.664 TL, this figure reached 4.420 TL at the beginning of 2017 and that the price per square meter has increased over 5 thousand TL in the summer. "This figure is in the luxury projects, It goes up to 10 thousand euros. However, prices are not in the desired level in Bodrum as a good alternative to summer. "