Biophysical areas and resources have been privatized, and subjected to market in response to requirements of the capital accumulation with the view of overcoming the crisis of capitalism in the 1970s. Natural areas previously untouched or used for local production have become “spatial fixes”, to which global capital switched, through state regulations. In other words, there has been an increasing intervention into natural areas, and occurred an intense form of commodification of nature. Privatization, commodification and marketization of these areas lead to environmental degrading. Besides, enclosure of these areas to prevent access of local people to use these natural sources causes them not to able to keep on their livelihood activities. Local people who have been taken away from their common lands or private properties by being deprived of use or ownership are becoming increasingly impoverished and dispossessed. Neoliberal practices after 2000 in the Karaburun Peninsula are striking examples of commodification of nature and accumulation by dispossession. This study examines neoliberal regulations, policies and practices, the overlap between the natural areas and investments, and ownership of these areas in Karaburun Peninsula. As a result, it is seen that the pasture areas used by the villagers to earn their living have been narrowed; their properties have been expropriated and then allocated for wind power generation and industrial olive cultivation. Moreover, the increase of mining investments, fish farms and secondary dwellings on state lands, agricultural lands, pastures and coastal areas have led to privatization of natural areas and restriction of local access.