Sea & lake views land licensed for villas construction for sale in Buyukcekmece

  • Location: Buyukcekmece - Istanbul
  • Size : 12,540 M2
  • Price : 1,727,500 $
  • Price Per Square meter: 138 $
  • Land Code: LA 10
  • Land Type: Residential

The Land is located in Büyükçekmece (European Istanbul) near the E80 Highway, Istanbul University, many schools in a green and quiet area, far from any traffic, and many distinguished residential projects in addition to the wonderful view of the sea and Büyükçekmece Lake.

The land is 1 km from the luxurious Demir Life project by Demir Construction, which includes a shopping area consisting of 52 shops, restaurants and cafes to meet all needs, and it is 2 km from the huge metro shopping center.

The land area is 12,540 square meters, at a square meter price of 138 USD.

The land is ready for construction and allocated to build 10 villas, with the availability of infrastructure such as water, electricity, gas, telephone and an open road.

The total price is 1,727,500 USD

According to the financial study, the profit return from building a single villa reaches 130%, so assuming when building 10 villas on the land, at a cost of 4.189 million Turkish Lira per villa (of which 1,089 is the cost of land and 3,100 is the cost of building and finishing), with a selling price of 9.650 million Turkish Lira, making the profit per villa 5.461 million Turkish Lira, or 130% of the original cost.

Istinye Hospital 7.0 km
E80 Highway 4.1 km
Alkev Middle School 3.3 km
Meb Alkent Kindergarten 1.1 km
Cumhuriyet High School 1.5 km
MEV Primary School 3.4 km
Istanbul University 4.5 km
Kids Park 1.3 km
Muhammed Osman Mosque 1.0 km
Akbati Mall 7.1 km
The Sea 7.1 km
Bus Stop 1.2 km
Istanbul Airport 36.7 km
Taksim Square 40.0 km
Fatih Mosque 35.4 km

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