Overview
- 13.972 m2
- 8.662 m2
Description
Land investment in Mersin’s rapidly developing Davultepe district is a No Brainier! This newly zoned area invites you to the area with magnificent opportunities.
The reason for Land Investment in Davultepe
- Buy under market value!
- Ideal for mid-term to develop or sell on in 2-3 years.
- Construction can start in Q4 2023.
Location
Davultepe, once a destination for summer homes, just 20 km to the West of the Mersin city centre is now a part of Greater Mersin and a neighbourhood of the Mezitli District.
Mezitli is Mersin’s currently most preferred location for settlement, due to its coastal location, newer buildings stock, more spacious homes, and lower density land investment ideal for Villa Development.
This excellent land investment comprises of 3 adjacent plots currently being used as lemon gardens.
Location is hill top with excellent nature and sea views. Fatih Sultan Mehmet Street is 713 m, D-400 is 1,12 km, and the coast is 1,42 km away.
Land Investment Features
Plot 134
Total area: 5.107,11 sqm
After Zoning: 3.167 sqm
Zoning: Residential E=0,60 Maximum 5 Floors
Plot 135
Total area: 4.088,33 sqm
After Zoning: 2.535 sqm
Zoning: Residential E=0,60 Maximum 5 Floors
Plot 136
Total area: 4.776,21 sqm
After Zoning: 2.962 sqm
Zoning: Residential E=0,60 Maximum 5 Floors
Total buildable land 8.664 sqm and with E=0,60 you could build a building of:
Sellable area: 8.664 x 0,60 = 5.199 sqm plus %20 open extensions, 5.199 x 1,2 = 6.239 sqm is the total sellable area. This land investment is ideal for a branded project with ‘the sea view family homes’ feature.
Total construction area: 6.239 x 1,25 = 7.799 sqm
Development ideas for this land investment
After the earthquake in February 2023 the demand in low rise homes increased and this not only drives the prices in this part of Mersin up, but also makes developers consider building lower rise buildings such as villas.
We could develop a mixed project here with a low rise 5 storey apartment block on the top plot with 10 units. 175 sqm x 10 = 1.750 sqm plus block’s common areas total building area 2.200 sqm
We used about 2.900 sqm of the land investment for the apartments. The remaining land will be villas and terraced duplex apartments. Total construction area left including common areas is about 6.600 sqm. The units will be looking towards the valley and sea and the design will use the slope to create views for each unit.
We can build a variation of 250 to 650 sqm 3+1 to 6+1 units on this land.
Let’s talk about your idea and we have got the team to deliver the good for you!
