Land plot in Bodrum, Mugla, Turkey

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).