Commercial property in Izmir, Turkey No. 9785
5368
ID9785
€ 36 700 000
- EUR €
- USD $
- RUB ₽
- NOK kr
- GBP £
- TRY ₺
Property description
The project is a hotel complex and shopping center in the city of Izmir, Turkey. According to the project documentation it is planned construction of commercial buildings in 24 floors. The total area of each floor - 1 000m2. The first 4 floors (with the lower floor, which will be equipped as a storage room - technical floor) will occupy the shopping center. Basement 2 floors - parking lot. The remaining 18 floors will be equipped as a hotel complex with the total number of rooms - 453, each of which is common (useful) area - 35m2. Technical areas of the hotel complex, as well as restaurant, lobby and so on. Takes about 1 500m2. Starting from the 8th floor of the complex offers a spacious view of the Aegean Sea. The project can be sold entirely and "turnkey". At this stage (passed approval of design documentation in state agencies) project can be modified and finalized. The calculations for the project: Cost of sales of the whole project "turnkey" - $ 48,890,000 (forty-eight million eight hundred and ninety thousand US dollars). A square meter of commercial space shopping center in the region is estimated as: - Selling price - from $ 5000; - Rent cost (per month) - from $ 100. Cost of sales of hotel rooms per day - about $ 100 (12 months a year). Profitability of the project: From the sale of retail space shopping center - from $ 20 million; From leasing retail space shopping center - $ 4.8 million a year - a total return of 5 years! From the sale of hotel rooms (on average) - about 6 million - $ 10 million a year. As well as income from the operation of the restaurant. TOTAL: return on the project will not exceed 3 years from the date of commissioning. * The cost of sales is calculated in euros approximately, the actual payment will be made in US dollars or in the Turkish lira at the time of the transaction.
Izmir - Statistics
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| Parameters | Izmir |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | € 491.78 |
| Apartment (1 bedroom) Outside of Centre | € 360.23 |
| Apartment (3 bedrooms) in City Centre | € 737.04 |
| Apartment (3 bedrooms) Outside of Centre | € 549.37 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | € 1 687.90 |
| Price per Square Meter to Buy Apartment Outside of Centre | € 1 025.83 |
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| Parameters | Izmir |
|---|---|
| Crime Index | 32.46 |
| Cost of Living and Rent Index | 23.37 |
| Purchasing Power Index | 48.38 |
| Property Price to Income Ratio | 10.46 |
| Safety Index | 67.54 |
| Traffic CO₂ Index | 4712.06 |
| Traffic Inefficiency Index | 188.62 |
| Rent Index | 11.52 |
| Health Care Index | 72.89 |
| Groceries Index | 31.73 |
| Pollution Index | 60.13 |
| Traffic Commute Time Index | 39.55 |
| Restaurant Price Index | 27.52 |
| Climate Index | 96.88 |
| Cost of Living Index | 34.11 |
| Quality of Life Index | 140.85 |
| Traffic Index | 160.51 |
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| Parameters | Izmir |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | € 7.26 |
| Meal for 2 People, Mid-range Restaurant, Three-course | € 26.12 |
| McMeal at McDonalds (or Equivalent Combo Meal) | € 5.80 |
| Domestic Beer (0.5 liter draught) | € 2.32 |
| Imported Beer (0.33 liter bottle) | € 3.05 |
| Coke/Pepsi (0.33 liter bottle) | € 1.15 |
| Water (0.33 liter bottle) | € 0.43 |
| Cappuccino (regular) | € 2.38 |
| Markets | |
| Milk (regular), (1 liter) | € 0.90 |
| Loaf of Fresh White Bread (500g) | € 0.56 |
| Eggs (regular) (12) | € 1.77 |
| Local Cheese (1kg) | € 7.17 |
| Water (1.5 liter bottle) | € 0.40 |
| Bottle of Wine (Mid-Range) | € 8.71 |
| Domestic Beer (0.5 liter bottle) | € 1.73 |
| Imported Beer (0.33 liter bottle) | € 2.58 |
| Cigarettes 20 Pack (Marlboro) | € 1.65 |
| Apples (1kg) | € 0.97 |
| Chicken Fillets (1kg) | € 5.15 |
| Oranges (1kg) | € 0.97 |
| Potato (1kg) | € 0.57 |
| Lettuce (1 head) | € 0.91 |
| Rice (white), (1kg) | € 1.51 |
| Tomato (1kg) | € 0.86 |
| Banana (1kg) | € 1.33 |
| Onion (1kg) | € 0.39 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | € 13.41 |
| Transportation | |
| One-way Ticket (Local Transport) | € 0.38 |
| Monthly Pass (Regular Price) | € 17.41 |
| Gasoline (1 liter) | € 1.15 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | € 39 114.71 |
| Taxi Start (Normal Tariff) | € 0.93 |
| Taxi 1km (Normal Tariff) | € 0.66 |
| Taxi 1hour Waiting (Normal Tariff) | € 7.38 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | € 41 768.16 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | € 62.43 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | € 9.53 |
| € 6.92 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | € 648.76 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 28.45 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | € 31.44 |
| Tennis Court Rent (1 Hour on Weekend) | € 13.31 |
| Cinema, International Release, 1 Seat | € 4.50 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | € 49.54 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | € 39.28 |
| 1 Pair of Nike Running Shoes (Mid-Range) | € 78.90 |
| 1 Pair of Men Leather Business Shoes | € 67.55 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | € 279.73 |
| International Primary School, Yearly for 1 Child | € 8 309.48 |
Data are provided by Numbeo.com and are based on its users survey. Turk.estate can not guarantee the validity of these data.
Contact the seller
CityIzmir
TypeCommercial property
RoomsStudio
Price
- Price
- per m²
€ 36 700 000
- EUR €
- USD $
- RUB ₽
- NOK kr
- GBP £
- TRY ₺
Seller
Алиса Малевич
Chief sales and customer service manager