Gewerbeimmobilie zum Kauf in Didim, Aydın

Plot of land with a project on the shore Distance from the sea - 0. Distance from the center is 1 km. A plot of 66,000 m2 with a building permit. In accordance with the construction permit, this site can be used to build 844 residential units with a total area of 80 m2 each (2+1 apartments) and commercial space, the construction of which has already begun, and in accordance with the development plan, it is planned to build the following buildings: a sports complex, a restaurant, a swimming pool, etc. 70% of commercial space is built up. At this stage, 62 units of residential space have been sold for a total amount of about 2,000,000 euros. The profit from the sale was credited to the account of the land owner's company and will accordingly be transferred along with the company to the new owner. Calculations: The cost of the land is 8,500,000 euros. The total cost of construction, including the share of land for each residential unit, is 35,000 euros. Project profit: According to the market value for residential space in this region, the average price of such apartments (2+1, 80m2) is estimated at 85,000 euros or more. Thus, the profit from the project will be from 71,740,000 euros, and the profitability will be from - 42,200,000 euros, i.e. 143%, presumably per annum, when the property is sold in full during the year.