Cennet Koy in Bodrum, Mugla, Turkey No.97617

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Cennet Koy  in Bodrum, Mugla, Turkey No.97617
ID97617 min. € 9 375 000
  • EUR €
  • USD $
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Cennet Koy Development description

Cennet Koy is an exclusive and high-end property in Turkey, expertly developed by Armada Praxis. Situated in the vibrant city of Bodrum, this gated community features deluxe 1+1 villas, each providing delightful views of the lush surroundings.

Architecture and Design

These modern, single-storey villas are nestled amidst trees, blossoming flower beds and intricately landscaped gardens. A charming, man-made river blends seamlessly into this idyllic setting. Each villa is designed with a private relaxation area, complete with a decorative pond and comfortable outdoor furniture.

The Villas at Cennet Koy

Each villa spans an expansive area of 2500 square metres. The absence of high fences between them contributes to a harmonious and picturesque community, fostering a sense of openness and unity among the villas. As of May 2023, the villas are priced at USD 10.27 million each. Past trends in the real estate market indicate that similar properties have appreciated by 20-30% upon completion.

In light of this, the developer strongly advises potential buyers to make their choices without delay.

Lifestyle at Cennet Koy

Nestled in the heart of a lush forest, Cennet Koy is an oasis offering pristine, fresh air – an ideal retreat for health-conscious individuals. This secure community is designed to cater to various social groups, including young couples, families with children and retirees. Conveniently within a half-hour drive, essential facilities such as a kindergarten, school and university enhance the community’s accessibility. A short 20-minute journey leads to the Midtown Shopping Centre, a hub of boutiques, restaurants, cinemas and a children's playground.

Cennet Koy: An Investment Opportunity

Ready for immediate occupancy, this residential complex in Turkey presents a promising opportunity for homeowners seeking a stable annual income. Whether acquired for rental purposes or eventual profitable resale amid the rising Turkish real estate prices, the villas at Cennet Koy are a sound investment. The average rental yield for properties at Aegean Sea resorts in Turkey is around 5% annually, with top-notch locations potentially offering up to an impressive 10%. For those considering the option of resale, standalone houses can yield an additional 70% of the initial construction cost, presenting owners with substantial returns on their investment.

Location

  • Close to the bus stop
  • Close to shopping malls
  • Close to the city centre
  • Close to schools
  • In the woods

Features

  • Satellite television
  • Private pool
  • Floor heating in all rooms

Indoor facilities

  • Private parking

Outdoor features

  • 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€ 754.79
Apartment (1 bedroom) Outside of Centre€ 618.38
Apartment (3 bedrooms) in City Centre€ 1 282.24
Apartment (3 bedrooms) Outside of Centre€ 852.55
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre€ 2 864.58
Price per Square Meter to Buy Apartment Outside of Centre€ 2 127.97
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ParametersBodrum
Crime Index25.75
Restaurant Price Index43.63
Property Price to Income Ratio21.45
Climate Index89.14
Safety Index74.25
Rent Index17.59
Health Care Index76.85
Groceries Index42.42
Pollution Index32.27
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ParametersBodrum
Restaurants
Meal, Inexpensive Restaurant€ 7.09
Meal for 2 People, Mid-range Restaurant, Three-course€ 35.47
McMeal at McDonalds (or Equivalent Combo Meal)€ 6.25
Domestic Beer (0.5 liter draught)€ 3.27
Imported Beer (0.33 liter bottle)€ 3.82
Coke/Pepsi (0.33 liter bottle)€ 1.61
Water (0.33 liter bottle) € 0.93
Cappuccino (regular)€ 2.44
Markets
Milk (regular), (1 liter)€ 0.77
Loaf of Fresh White Bread (500g)€ 1.00
Eggs (regular) (12)€ 1.17
Local Cheese (1kg)€ 8.45
Water (1.5 liter bottle)€ 0.23
Bottle of Wine (Mid-Range)€ 9.41
Domestic Beer (0.5 liter bottle)€ 1.74
Imported Beer (0.33 liter bottle)€ 2.08
Cigarettes 20 Pack (Marlboro)€ 1.64
Apples (1kg)€ 0.93
Chicken Fillets (1kg)€ 5.48
Oranges (1kg)€ 1.04
Potato (1kg)€ 0.43
Lettuce (1 head)€ 1.09
Rice (white), (1kg)€ 1.27
Tomato (1kg)€ 1.04
Banana (1kg)€ 1.77
Onion (1kg)€ 0.38
Beef Round (1kg) (or Equivalent Back Leg Red Meat)€ 18.51
Transportation
One-way Ticket (Local Transport)€ 0.59
Monthly Pass (Regular Price)€ 0.00
Gasoline (1 liter)€ 1.10
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)€ 42 068.36
Taxi Start (Normal Tariff)€ 0.87
Taxi 1km (Normal Tariff)€ 0.62
Taxi 1hour Waiting (Normal Tariff)€ 6.94
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)€ 38 358.05
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment€ 46.90
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)€ 13.50
€ 7.95
Salaries And Financing
Average Monthly Net Salary (After Tax)€ 582.01
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate43.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult€ 59.11
Tennis Court Rent (1 Hour on Weekend)€ 10.91
Cinema, International Release, 1 Seat€ 4.09
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)€ 68.20
1 Summer Dress in a Chain Store (Zara, H&M, ...)€ 45.01
1 Pair of Nike Running Shoes (Mid-Range)€ 68.20
1 Pair of Men Leather Business Shoes€ 81.85
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child€ 409.23
International Primary School, Yearly for 1 Child€ 5 047.11
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. 2500 m2
max. 2500 m2
Price
  • Price
  • per m²
min. € 9 375 000max. € 9 375 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺