Działka na sprzedaż — Bodrum, Muğla

An excellent investment project on the Bodrum Peninsula! Property type: Land Location: one of the popular tourist areas of the Bodrum Peninsula, 200 meters from the sea and the blue flag beach, the distance to the historic center of Bodrum is 10 km, the distance to the international airport is 35 km. We offer for sale 3 plots of land located next to each other. It is possible to purchase both separately and all together. The total area of each plot of land is 3,500 m2. Building permit: 15/ 30% (1050m2). All communications are connected. The cost of each plot is 1,000,000 euros. Project calculations: When purchasing one plot of land, an investor can build 7 villas with 150 m2 of living space and 200 m2 of total area, the plot area of each villa will be about 500 m2. Construction costs - 525,000 euros (at the rate of 500 euros/m2). The cost of improving the complex: fencing, walking paths, landscaping and landscaping - 70,000 euros. The retail price of villas starts from 500,000 euros (this is the actual market value of villas of this size at a given distance from the sea on the Bodrum Peninsula). The total cost of the project is 1,595,000 euros (construction and land costs). The income from the project is 3,500,000 euros. The profit from the project is 1,905,000 euros (almost 120%). When purchasing all three plots, an investor can build either 21 villas using the same scheme, or a small hotel+villas or apartments on site. Implementation period: Obtaining a construction permit and approving the project - from 2 weeks to 3 months. The construction of residential buildings takes from 4 to 12 months (the construction season in Bodrum lasts from September to May (this includes only the construction of load-bearing structures, interior decoration is allowed all year round)). The sale of residential properties (full retail sales) can begin from the moment the development plan is approved. On average, the full implementation of facilities is achieved within 6 months to 1.5 years.