Real estate appraisal in Kumbahçe
Kumbahçe is a coastal-strip neighbourhood in the centre of Bodrum, stretching around the castle and marina. With Kumbahçe Beach, the seafront promenade, its café and restaurant economy and its view of the castle, it is one of the peninsula’s most central and in-demand coastal points.
This page covers the appraisal factors in Kumbahçe and the property types commonly encountered. Appraisals are prepared by an SPK-licensed appraiser, using area-based comparables and in accordance with regulations.
The structure of the area
The Kumbahçe market contains the multiple segments characteristic of a central coastal fabric:
- Coastal-strip and view homes: High-demand apartments overlooking the sea and the castle — the area’s most valuable segment.
- Central apartments and detached houses: Homes suited to year-round resident use.
- Commercial property: Cafés, restaurants, hotels and retail units along the seafront and within the streets.
- Tourist/investment apartments: Homes with summer rental potential.
Appraisal factors
Location and view
In Kumbahçe, distance to the coast, the quality of the castle and sea views, and walking distance to the marina and centre are the key determinants of value. Coastal-strip rules and frontage position are reflected in the appraisal.
Commercial potential and pedestrian footfall
For commercial properties along the seafront, pedestrian footfall, frontage width and the type of business are decisive for value. For investment apartments, summer rental potential brings the income capitalisation method to the fore.
Building condition
In the central fabric, building age, floor level, parking and shared areas affect the appraisal.
Frequently asked questions
What is decisive in a Kumbahçe appraisal? Distance to the coast and to the centre, castle and sea views, frontage position, building condition and commercial/investment potential are the prominent factors.
How is the value of a commercial property determined? Frontage width, pedestrian footfall, position relative to the seafront, the type of business and the lease status are assessed.
Is an appraisal mandatory for a sale to a foreigner? Since 2019, an SPK-licensed valuation report has been mandatory for sales to foreigners. The report is submitted to the land registry office and is valid for 3 months. For details, you can reach us via the contact page.