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Property description
LOCATION : Protected area near the popular tourist area of Turkey - the resort of Marmaris. The plot is bordered by a forest patch leaving for the reserve and is only 100 m from the shore of the Aegean Sea. Gyokova is a national nature reserve of Turkey, a very popular place among European tourists, and our compatriots are just beginning to discover this wonderful place with its pristine beaches and pristine nature. The proposed site is the only one in this region that has a building permit, all other lands here are park areas, citrus and olive orchards, pine groves, etc., where any construction is prohibited. Not far from the site there are only a few ancient residential buildings. The location is ideal for building a small complex of villas or a large private residence. The site is located directly opposite the legendary island of Cleopatra, which is famous for its marvelous sand. The distance to the center of Gökova is 7 km. Distance to Marmaris - 35 km. Distance from Dalaman International Airport is 70 km. The plot has an open view to the sea. Distance to the beach - 100 meters. The total area of the site is 1 260m2. Effective building permit: 20/40% = 504m2. According to the existing building permit, it is possible to build two-storey buildings with a total covered area of 504m2 on this plot, and the area with balconies and terraces can reach 650m2. This is an ideal place to build a large private manor, or several villas for sale. In addition, the building permit for this site assumes the possibility of building a boutique hotel. The cost of the land plot is 320 000 euro. Calculations for the construction of a residential complex consisting of 5 villas: The total area of each villa is 130m2 (of which 100.8m2 is the inner living area). The cost of construction at a rate of 500 euros / m2 will be about 325 000 euros. The cost of building private pools of villas - about 10 000 euros x 5 = 50 000 euros. Thus, the total construction costs will be about 375 000 euros. And the cost of the finished project is only 695 000 euros. REVENUES FROM SALES: The estimated rental income for these villas will be about 1,000-1,500 euros per week. Thus, the total revenue in the summer season (from May to October) can be up to 135,000 euros. And the full payback of the project in this case will be only 5 years! When selling a square meter of housing in this area, according to realtors, can be estimated at 1,800 - 2,000 euros. Thus, the sale price of each villa will be - from 200 000 euros. The profit from the sale of villas complex will be - from 1 000 000 euros. And the recoupment of the project in this case will be only from 1 year! The project implementation period (construction) is 8 months.
Excluzival Group
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