Armada Praxis Yalikavak Geris in Bodrum, Mugla, Turkey No.97539

1270
Armada Praxis Yalikavak Geris  in Bodrum, Mugla, Turkey No.97539
ID97539 min. € 1 750 000
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Armada Praxis Yalikavak Geris Development description

Armada Praxis Yalikavak Geris is an upcoming residential complex in Turkey developed by Armada Praxis. Currently under construction, the completion of the project is scheduled for the fourth quarter of 2023. The complex comprises 13 villas, each featuring 3 bedrooms. The residences offer panoramic views of the sea and the green surroundings.

Architecture and Design

The villas in the complex boast clear lines and right angles. Swimming pools and relaxation areas with tables and sofas are strategically placed near the houses. A significant portion of each yard is covered with lawns, shrubs and trees. All the houses in the complex will be equipped with quality appliances and a "smart home" system, enabling you to control the living area with a mobile application. Additionally, floor heating will be instaled in all the rooms in the villas.

Villas in Armada Praxis Yalikavak Geris

The single-storey villas with 3 bedrooms have an area of 180 square metres.

In addition to 3 bedrooms, these villas have a living room, 3 bathrooms and a dressing room.

The two-storey villas with 3 bedrooms have an area of 250 square metres. In addition to 3 bedrooms, they have a living room, 3 bathrooms, a dressing room, a pantry and a laundry room.

All the houses are situated on plots of land ranging from 450 to 550 square metres. Each plot includes a garage and a swimming pool with a relaxation and sunbathing area.

Lifestyle

The residential complex is situated in a tranquil resort location, making it an ideal choice for families with children and older individuals. The secluded environment allows you to lead a serene lifestyle, surrounded by greenery on your private plot of land. The well-maintained landscaping ensures clean air and a good overall ecological environment.

The complex’s location is exceptionally quiet, with key city facilities within a 30–50-minute drive. For instance, Bodrum Milas Airport is a 45–55-minute drive away, while the nearest medical clinic is only 35 minutes away. Beaches, restaurants and cafés are easily accessible within a 35–40-minute drive.

Uniqueness

The houses in Armada Praxis Yalikavak Geris will be equipped with high-quality home appliances and a "smart home" system, allowing you to control the living area using a mobile application. Video intercoms will be instaled in all the houses and floor heating will be implemented in all the rooms in the villas.

The entire shared territory of the residential complex will be under 24-hour video surveillance and a security checkpoint will be positioned at the entrance to the community.

Villas in Armada Praxis Yalikavak Geris for Investment

Investing in real estate in this area of Turkey is a prudent allocation of funds, providing housing buyers with a stable income in the foreseeable future. The proximity of the residential complex to the sea and beaches will contribute to the high profitability and liquidity of the residential properties. The average ROI for long-term rentals in Bodrum is 4–5% annually.

After the project is commissioned, apartment prices are expected to increase by 10–20%, offering owners the opportunity to profit from property resale if desired.

Specialists with extensive experience are available to assist you in buying real estate in a new building in Turkey for investment. Whether for moving to a permanent place of residence or profitable real estate in a residential complex under construction in Turkey, they will help you select a residence to suit your needs Contact us via online chat or by phone and our specialists will address any questions you may have.

Location

  • Close to the bus stop
  • Close to shopping malls
  • Close to the city centre
  • Close to the airport

Features

  • Video intercom
  • Smart Home system
  • Satellite television
  • Private pool
  • Floor heating in all rooms

Indoor facilities

  • Private parking

Outdoor features

  • CCTV
  • Security
  • Landscaped garden
  • Landscaped green area
  • Electric generator
  • Car park

Location

Bodrum - Statistics

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ParametersBodrum
Rent Per Month
Apartment (1 bedroom) in City Centre€ 594.30
Apartment (1 bedroom) Outside of Centre€ 429.73
Apartment (3 bedrooms) in City Centre€ 1 078.89
Apartment (3 bedrooms) Outside of Centre€ 777.17
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre€ 2 880.09
Price per Square Meter to Buy Apartment Outside of Centre€ 2 139.49
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ParametersBodrum
Crime Index25.75
Restaurant Price Index43.26
Property Price to Income Ratio21.45
Climate Index89.14
Safety Index74.25
Rent Index14.71
Health Care Index76.85
Groceries Index45.14
Pollution Index32.27
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ParametersBodrum
Restaurants
Meal, Inexpensive Restaurant€ 8.23
Meal for 2 People, Mid-range Restaurant, Three-course€ 27.43
McMeal at McDonalds (or Equivalent Combo Meal)€ 6.86
Domestic Beer (0.5 liter draught)€ 2.47
Imported Beer (0.33 liter bottle)€ 3.43
Coke/Pepsi (0.33 liter bottle)€ 1.10
Water (0.33 liter bottle) € 0.40
Cappuccino (regular)€ 2.41
Markets
Milk (regular), (1 liter)€ 0.81
Loaf of Fresh White Bread (500g)€ 0.85
Eggs (regular) (12)€ 1.59
Local Cheese (1kg)€ 9.79
Water (1.5 liter bottle)€ 0.33
Bottle of Wine (Mid-Range)€ 8.23
Domestic Beer (0.5 liter bottle)€ 1.87
Imported Beer (0.33 liter bottle)€ 2.70
Cigarettes 20 Pack (Marlboro)€ 1.65
Apples (1kg)€ 0.87
Chicken Fillets (1kg)€ 5.59
Oranges (1kg)€ 0.91
Potato (1kg)€ 0.55
Lettuce (1 head)€ 0.92
Rice (white), (1kg)€ 1.72
Tomato (1kg)€ 1.09
Banana (1kg)€ 1.96
Onion (1kg)€ 0.51
Beef Round (1kg) (or Equivalent Back Leg Red Meat)€ 17.78
Transportation
One-way Ticket (Local Transport)€ 0.60
Monthly Pass (Regular Price)€ 0.00
Gasoline (1 liter)€ 1.10
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)€ 42 296.11
Taxi Start (Normal Tariff)€ 0.88
Taxi 1km (Normal Tariff)€ 0.62
Taxi 1hour Waiting (Normal Tariff)€ 6.98
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)€ 42 811.99
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment€ 58.13
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)€ 8.50
€ 8.87
Salaries And Financing
Average Monthly Net Salary (After Tax)€ 585.16
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate30.09
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult€ 59.43
Tennis Court Rent (1 Hour on Weekend)€ 10.97
Cinema, International Release, 1 Seat€ 4.11
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)€ 46.35
1 Summer Dress in a Chain Store (Zara, H&M, ...)€ 37.60
1 Pair of Nike Running Shoes (Mid-Range)€ 68.57
1 Pair of Men Leather Business Shoes€ 87.77
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child€ 364.64
International Primary School, Yearly for 1 Child€ 5 074.44
Data are provided by Numbeo.com and are based on its users survey. Turk.estate can not guarantee the validity of these data.
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CityBodrum
TypeDevelopment
Living spacemin. 180 m2
max. 250 m2
Completion date2023
Price
  • Price
  • per m²
min. € 1 750 000max. € 2 500 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺