Land for Sale

  • $1,250,000
Kumburgaz, Büyükçekmece, Istanbul, Marmara Region, 34584, Turkey
  • Land
  • Property Type
For Sale

Land for Sale

Kumburgaz, Büyükçekmece, Istanbul, Marmara Region, 34584, Turkey
  • $1,250,000

Description

Payment Plan: Cash

Land Size : 5.300 m2
Net : 0,25 – (Construction Residential Size)
K.A.K.S : 0,75 – (Construction Size)
Zoning : Apartment

Construction Calculation : Land 5300 m2 x 0,25 = 1325 m2 x 3,5 kat = 4,650 m2 x 1,20

Including with ( allownes from local municipality) extra construction = 5.500 m2 construction can build.

5.500 square meter /90 square meter apartment = 60 apartments possible to build.

Approximately market value of apartments : 60 x 450.000 TL = 27.000.000 TL

In case decided to built Villa : Each Villa size 450m2 Totally 12 Villas can be built.

Approximately market value of Villa : Vıllas are on sale 2.500.000 TL – 3.500.000 TL in Market.

Total profit of sale on 12 Villas 30.000.000 TL

Approximately construction expenditure = 7.500.000 TL

CELALİYE, Central location in demand , E-5 Highway 800 meter, 1000 meter distance to TEM Highway

Good location growing every year,
Close to the new subway route(on building process),
Close to E5 and Public Transortation,
Region is getting more investment every year and raises profit margin.
Currently Zoning plan of local municipality allows only 3.5 floor construction permit ,
New zoning plan of local municipality allow 6 floor construction permit.Only approval expected for the new zoning plan.

Details

Updated on April 5, 2022 at 7:53 pm
  • Price: $1,250,000
  • Land Area: 5300 m2
  • Property Type: Land
  • Property Status: For Sale

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Gökhan ÖZBEK
  • Gökhan ÖZBEK