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320m²
Size
- Bedroom
- Bathrooms
- Garage
- 0 Hall
- 0 Kitchen
Facilities & Features
Detailed information about the land:
- Location : kagithane - Istanbul
- Neighborhood of Seyrantepe
- Land area : 320 SQM
- Land now is empty
- Price of the land : 230.000 $
- Suitable for Turkish citizenship
Distances:
- Land is very close to TEM highway
- 500 meters away from Seyrantepe metro station
- 16 km away from Taksim sqaure
- 30 km away from Istanbul airport
Project suggestion:
It is possible to obtain a construction permit with a number of 5 floors, and extract 8 apartments 2+1 and 2 duplex apartments ... which will be a total of 10 apartments.
Cost of construction : 200.000 $
NOTE : we are ready to participate in the construction with the investor
Return on Investment ROI:
According to our studies of the area and prices .... This project will get at least the following profits :
- 25 % minimum profit in case you sell the apartments directly after finish the construction
- 5 % minimum yearly return in case you want to rent the 10 apartments