Overview
- 18.339 m2
- 31.893 m2
Description
This kind of investment opportunity does not come every day in life. In Mersin’s development area, Mezitli, we are proud to present this great option. This group of residential investment lands make a total of 18.339 sqm and the total construction area allowed is about 30.000 sqm both residential and commercial.
The location of the Residential Investment lands
Davultepe is the first neighbourhood of Mezitli once you have past the Soli Holiday Complex towards the West. For many years this area had residential holiday resorts by the sea, and mainly Citrus Gardens to the North of the D-400.
Today, it is a totally different story, and we are on the verge of seeing it all. Our group of investment lands are part located right on the D-400 and part on the next street parallel to it. Please see the map below for a detailed explanation.
Especially the piece right on the D-400 carries good upside potential as the direction from Mersin to Antalya is more active commercially. At the moment to the seaside almost all plots have been developed as residential complexes. There are some branded, luxury residential compounds like MarVista Premium, where prices are over $500.000 luxury apartments.
Property Details
Currently the lands are clear from the citrus trees. The total area of 5 agricultural plots is 31.893,60 sqm. After the deductions the Urban Plans bring the area will turn to a new residential area and meet expanding Mersin’s needs. The below image shows the lands’ location on the Zoning Map and you can see the NET area of each plot.
As you can see above, 3 pieces of land are visible. If we start from the smallest piece and order them clockwise below, we can share more details on their features orderly.
524 sqm piece
This is a compact size land ideal for a boutique project of 5 floors and 10 apartments with 3 bedrooms. Zoning for this piece is E=1.00 and maximum height allowed is 8 stories.
It allows a building of 760 sqm.
14.025 sqm piece
The most substantial of the 3, this piece is a rare find. It has the same zoning as the small piece, however it allows a boasting 21.000 sqm which will give the architects a lot to work with. An exquisite project can be created on this land!
3.790 sqm piece
In terms of profitability, we saved the best to the last. This land’s zoning is E=1.60, Residential-Commercial, maximum height allowed is 10 floors.
It allows a building of 9.000 sqm. This means large stores, showrooms and spacious units above them.
For more information and about this options investment value please give us a call.
