In a recent October 2017 public statement at a tourism gathering by Bodrum mayor Mehmet Kocadon, he stated, ‘’As we continue to resolve the water and electric infrastructure, my suggestion is to liquidate your current real estate investments, and invest in property and land in Bodrum, whether or not it has planning permissions. The reason is that in two years’ time, you may not be able to.’’
Kocadon continued ‘’With multi-billion dollar projects including another Swissotel due to open in 2018, the Four Seasons and the latest 8 trillion USD project by Agaoglu in conjuction with China, these investors obviously continue to see the huge potential in the area.’’
