Land plot in Bodrum, Mugla, Turkey No. 178936

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Land plot  in Bodrum, Mugla, Turkey No. 178936
ID178936 € 800 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺

Property description

Location: the center of one of the most popular tourist areas of the Bodrum Peninsula, about 600 meters from the sea, the promenade and sandy beaches, the distance to the historical center of Bodrum is 15 km, the distance to the international airport is 45 km.
The total area of ​​the land: 2 072 m2.
Building permit: 10/20%.
All communications are conducted.
The cost of the plot is 800 000 euros.
Calculations for the project:
It is possible to build 4 villas with 100 m2 of living space and about 150 m2 of total area, the area of ​​each villa will be about 500 m2.
Construction costs - 75 000 euros (at the rate of 500 euros / m2).
Expenses for upgrading the territory of the complex: fencing of the territory, gardening and landscaping - 25 000 euros.
The cost of retailing villas - from 550 000 euros (is the actual market value of villas of similar size in this area of ​​the Bodrum Peninsula).
Total costs of the project - 900 000 euros (cost of construction and land).

The income from the project is € 2,200,000.
The profit from the project is about 150%.
Terms of implementation:
- Obtaining permission for construction and approval of the project - from 2 weeks to 3 months.
- Construction of residential facilities - from 3 to 8 months (construction season in Bodrum lasts from September to May (this includes only the erection of load-bearing structures, the work on interior decoration of the premises is allowed year-round)).
- Realization of residential objects (sale in retail in full) - can begin to be carried out from the moment of approval of the building plan. On average, the full implementation of objects is achieved in a period of 6 months to 1.5 years.

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
TypeLand plot
RoomsStudio
Living space2072 m2
To sea600 m
Price
  • Price
  • per m²
€ 800 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺
Seller
Алиса Малевич
Алиса Малевич
Chief sales and customer service manager