Land plot in Bodrum, Mugla, Turkey No. 178937

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Land plot  in Bodrum, Mugla, Turkey No. 178937
ID178937 € 1 000 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺

Property description

Property type: Land Location: one of the most popular tourist areas of the Bodrum peninsula, 200 meters from the sea and the blue-flag beach, the distance to the historical center of Bodrum is 10 km, the distance to the international airport is 35 km. For sale are offered 3 plots of land located next to each other. It is possible to purchase both individually and collectively. The total area of ​​each land: 3 500 m2. Permission for construction: 15/30% (1050m2). All communications are summed up. The cost of each site is 1 000 000 euros. Calculations for the project: With the purchase of one plot of land, the investor can build 7 villas of 150 m2 of residential and 200 m2 of total area, the area of ​​each villa will be about 500 m2. Construction costs - 525 000 euros (at the rate of 500 euros / m2). Expenses for upgrading the territory of the complex: fencing territory, walking paths, landscaping and landscaping - 70 000 euros. The cost of retailing villas - from 500 000 euros (is the actual market value of villas of similar size at a given distance from the sea on the Bodrum peninsula).
The total cost of the project is 1 595 000 euros (cost of construction and land plot). 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, the investor can build either 21 villas according to the same scheme, or a small hotel + villas or apartments on the territory. Terms of implementation: Obtaining permission for construction and approval of the project - from 2 weeks to 3 months. Construction of residential facilities - from 4 to 12 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 space3500 m2
To sea200 m
To city center10 m
Price
  • Price
  • per m²
€ 1 000 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺
Seller
Алиса Малевич
Алиса Малевич
Chief sales and customer service manager