Location: One of the most popular tourist areas of the Bodrum peninsula.

The site is located in the heart of the resort town by the sea, it has an open sea view (panorama 180gr.)

Total land area - 10 000 m2.

The current construction permit - 15/30% = 3 000m2.

Thus, in this area you can build a residential complex consisting of 20 apartments with a total area of ​​100m2 and 75m2 of living; as well as 13 detached villas with a total area of ​​150m2 and 115m2 of living.

Square meter, based on the total area of ​​the objects in this region is estimated from 2 000 to 5 000 euros.

Conditions Affecting Pricing:

• The infrastructure of the complex: the existence of pools, a fitness room, sauna, cafe and more.
• Greening territory.
• Quality construction.

Calculation of total investments:

1. The cost of land - 3 000 000 euros.
2. Construction costs - 1 500 000 euros (based on the value of m2 = 500 euros).
3. Beautification of the area:

• asphalt / masonry hiking trails - from 2 000 euros;
• construction of internal infrastructure: 25h10 Pool, 400m3 - 30 000 euros; room fitness room, sauna, etc. - 37 500 euros (based on a total area of ​​150m2, and the value of m2 - 250 euros), the installation of saunas - 10 000 euros.
• landscaping - 25,000 euros (rate of 5 euro \ m2 at the garden area - 5 000m2).

TOTAL = 4,154,500 euros (approximate average calculation).

Timeline for implementation:

1. Obtaining a building permit and approval of the project - from 2 weeks to 2 months.
2. Construction of residential buildings - from 6 to 12 months (in Bodrum building season lasts from September to June).
3. Implementation of residential buildings (retail sales in full) - an average of 6 months to 2 years.

Profit from the project will be - from 6 million to 15 million euros.

Revenue from the project will be - from 1.5 million to 10.5 million euros per year in the implementation of possible property for 1 year.