Wednesday, November 12, 2008

Economy of Bodrum

A quiet town of fishermen and sponge divers until the mid-20th century, Bodrum was popularized among Turkey's educated classes by a group of intellectuals centered around the writer Cevat Şakir Kabaağaçlı, who himself had first come here in exile. Since then, Bodrum constantly endeavored to attract people with artistic backgrounds, encouraging them to choose the region as a location for their secondary residences and many of the these people gradually became regulars who would stay throughout the year. Bodrum now hosts many poets, singers, artists, as well as commercially-minded investors and package tourists. Differences between the sensitivities of the first groups of residents, adamant in defending Bodrum's heritage and soul, with the interests of the latters is an always imminent issue and one that surfaces frequently. For example, a group of trees felled in Bodrum for any reason is very likely to make local and even national news in Turkey.

The Bodrum region has attracted considerable foreign and domestic investment in real estate, specifically in second homes for customers from across Turkey as well as from Western Europe.

The current permanent population for the town of Bodrum was recorded as 32,227 in 2000 census although it is certainly much higher in reality, and reaches several times that figure in summer.

The sheltered anchorage contains yachts and locally-built gulets used by seafaring tourists.

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