Commercial property in Bodrum, Mugla, Turkey No. 178880

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Commercial property  in Bodrum, Mugla, Turkey No. 178880
ID178880 € 270 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺

Property description

Location - one of the most popular areas of the Bodrum peninsula, only 500m from the sandy beaches. The plot has an open view of the green valley and the urban landscape. Some of the residential units will be constructed to have a partial sea view. Total land area - 2 400m2 The total built-up area - 10 \ 20 = 480m2. The cost of construction will be about 500 euros per m2. In this area there is a possibility to build 10 apartments 2 + 1 living space of about 50m2 and the total area - 75m2, or 4 villas of about 120m2 living space and a total area - 170m2 with balconies and terraces. The selling price of similar apartments in the area - from 120 000 euros. The selling price of similar houses in the area - from 300 000 euros. Offered to the investor to finance the construction of residential facilities in the area, and to own half finished residential units, according to the contract equity participation in the construction, which will be pre-compiled and approved by the parties in the state agencies.
The amount of investment will be around 270 000 - 290 000 euros, considering landscaping, construction of swimming pools in the complex, etc. The total profit of the project will range from 1 200 000 euros. Investor's profit of 600 000 euros, ie more than 50% of total investments. The area where the land is considered to be one of the most popular and promising areas of the Bodrum peninsula. The site is surrounded by an elite construction of several luxury residential complexes of villas and apartments. In the immediate vicinity are a number of large super-markets. Distance to the exclusive international marina and "Billionaires Club" is only 2 km., A little further is the elite line of fish restaurants. Real Estate annually gives an increase of the price in the region of 20-25%. Timing of the project: Project approval in the bodies of the municipal administration - 1 - 1.5 months The construction period of 4 to 8 months Object implementation can start immediately after the approval of the project construction. Full implementation of real estate can be expected from 1.5 months to 1 year.

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
TypeCommercial property
RoomsStudio
Living space2400 m2
To sea500 m
To city center1 km
Price
  • Price
  • per m²
€ 270 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺
Seller
Алиса Малевич
Алиса Малевич
Chief sales and customer service manager