2of2_Portfolio_Investment Opportunities in Turkish Property Market_March 2016 Issue

www.unapro.com.tr, unapro@unapro.com.tr

Id Headlines Area (m2) Type Classification City Town/District District
3 SOLD 225,090 land İstanbul Büyükçekmece Akçaburgaz
1 attractive location for residential develoment with short/mid-term return potential 21,264 land İstanbul Büyükçekmece Güzelce
2 very high return potential subject to further land development in a perfect location 45,420 land İstanbul Büyükçekmece Fatih
7 midterm high return opportunity in a high potential location 26,256 land İstanbul Silivri Gümüşyaka
5 short/mid-term return opportunity in a high potential perfect location 27,160 land İstanbul Silivri Kavaklı
6 short/mid-term return opportunity in a high potential perfect location 10,532 land İstanbul Silivri Çanta
10 4 separate lots next to each other, one with a villa perfect location for upscale development 10,874 land Kocaeli Darıca Bayramoğlu
8 a valuable piece of land in an industrial town in a very good location 9,495 land Tekirdağ Çerkezköy Veliköy
9 short/mid-term return opportunity in a high potential perfect location 499,887 land Tekirdağ Çorlu Yenice
11 best for low rise luxurious apartment or private enclave of 12 villas High return potential in short/midterm 8,065 land Bursa Mudanya
106 A perfect Villa / Estate for multiple choice! Either invest and enjoy as it is or develop it for further gain 8,800 land & building residential villa Kocaeli Darıca -
107 most demanded area, highest returns, opportunity to expand for a brandmark mix-use development 3,600 land İstanbul Ataşehir Küçükbakkalköy
12 one of the best location for a mixed use development project! 22,870 land İstanbul Büyükçekmece Mimarsinan
13 one of the best location for a mixed use development project! 19,008 land İstanbul Esenyurt Zafer
31 a land with high mid-to-longterm return opportunity! 2,737 land İstanbul Pendik Kurna
30 short/mid-term return opportunity in a high potential perfect location 28,554 land İstanbul Tuzla Tepeören
14 Perfect Location for a 5 Star Hotel Development! 46,322 land İstanbul Büyükçekmece Mimarsinan
15 Perfect Location for a Luxurious Resort Hotel Development! 54,360 land İstanbul Silivri Mimarsinan
16 a wonderful spot for health tourism facility! Sea,mountains,oxygen,hotsprings! 17,641 land Yalova Çınarcık
105 A hidden touristic gem! price & perfection all together! 225,000 land İzmir Karaburun Çatalkaya
104 SOLD 102,911 land İzmir Dikili Bademli
20 Good location for a Hotel with Convention & Exhibition Center 152,375 land Tekirdağ Çorlu Seymen
17 a key property with huge potential for a developer! Perfect location! 2,150 land & building İstanbul Kartal Soğanlık
18 for big players / developers! Located at one of the Europe's busiest financial & business district 2,664 land İstanbul Şişli Mecidiyeköy
19 best commercial location for logistics center, retail trade or shopping center development 23,145 land Kocaeli Kartepe Uzunbey
29 midterm return opportunity in a high potential location 125,000 land İstanbul Tuzla Tepeören
32 midterm return opportunity in a high potential location 16,700 land İstanbul Silivri Fenerköy
33 short/mid-term return opportunity in a high potential location 45,000 land Kocaeli İzmit Akmeşe
34 midterm return opportunity in a high potential location 93,024 land Tekirdağ Çorlu Ahimehmet
103 short/mid-term return opportunity in a high potential perfect location 3,141,346 land Yalova Çiftlikköy -
102 a big piece of land in a high demand area expected to be zoned as residential soon! 86,000 land İstanbul Pendik Göçbeyli
101 SOLD 7,604 land Kocaeli Darıca -
35 perfect location for farming & agriculture. Huge mid-to-long term return potential 52,625 land Tekirdağ Çerkezköy Kızılpınar
21 You wish this should be your office in istanbul! Locatıon, elegance, quality. In high demand. 1,698 building İstanbul Bakırköy Florya
22 for the ones who want to be in the game at rising Ataşehir district nearby to IFC 3,385 building İstanbul Ataşehir Küçükbakkalköy
36 Perfect beachfront location for midsize businesses! 720 building İstanbul Bakırköy -
24 positioned well next to hıghway good for company headquarter, suitable to convert private hospital or school 8,438 building İstanbul Sancaktepe Samandıra
26 about to complete whole commercial & office building for sale. Great location reasonable price! 4,908 building Bursa Nilüfer -
25 invest and operate as shopping center or convert it to health center or private college, university 15,105 building Kütahya Vefa
23 A property which land is now more valuable than the existing building! 2,200 land & building residential & commercial İstanbul Ataşehir Türkiş
28 retail/office/shop space in a newly built elite district. $50-60K rental income potential! Invest, rent, earn! 572 shops Bursa Balat -
PROPERTIES LIST
residential
residential & commercial
commercial & tourism
shops
commercial
residential expected
farming & agricultural
office & commercial

RESIDENTIAL - Lands & Building

3 SOLD 225,090 land İstanbul Büyükçekmece Akçaburgaz
1 attractive location for residential develoment with short/mid-term return potential 21,264 land İstanbul Büyükçekmece Güzelce
2 very high return potential subject to further land development in a perfect location 45,420 land İstanbul Büyükçekmece Fatih
7 midterm high return opportunity in a high potential location 26,256 land İstanbul Silivri Gümüşyaka
6 short/mid-term return opportunity in a high potential perfect location 10,532 land İstanbul Silivri Çanta
10 4 separate lots next to each other, one with a villa perfect location for upscale development 10,874 land Kocaeli Darıca Bayramoğlu
8 a valuable piece of land in an industrial town in a very good location 9,495 land Tekirdağ Çerkezköy Veliköy
9 short/mid-term return opportunity in a high potential perfect location 499,887 land Tekirdağ Çorlu Yenice
11 best for low rise luxurious apartment or private enclave of 12 villas High return potential in short/midterm 8,065 land Bursa Mudanya
106 A perfect Villa / Estate for multiple choice! Either invest and enjoy as it is or develop it for further gain 8,800 land & building residential villa Kocaeli Darıca -
residential

106. Building - Residential - Exclusive Villa / Estate
~600m2 building on 8,800m2 Land @Kocaeli-Dar ca
Investment Properties @Turkey 330/357

Features of Property
• 8,800m2 Land comprises of 3 lots and a ~600m2 farmhouse/estate/villa on it
• ~900m to shoreline
• ~5km to Eskihisar –Topçular Ferry Terminal
• ~15km to Izmit Bay Crossing Bridge
• Very close to Istanbul border (~3km) 40mins to Istanbul Centre
• Estate has a big size of land with featured landscaping including various fruit and
pine trees, tennis court, indoor sauna with pool & outdoor swimming pool
(22mx6m heated) , horse barn, poultry barn and a small barn for sheep / goats
for hobby farming, a servant house.
• Direct sea view with ecstatic sunset!
• Entrance (1st ) floor: 1x huge living & gathering (majlis) room, 1x dining room, 2x
bedroom, 1x bathroom, 1x guest toilet, 1xmaid room with own bathroom
• 2nd floor: 1 living & gathering (majlis) room, 1 master en-suite bedroom, 2
bedroom, 1 Bathroom, 1 sauna with Area is well known by having major
businessmen summer villas, estates, farmhouses
• Basement floor: 1 heating system room, 1 water tank room, 1 storage room , 1
MEP Systems room
• Estate has permit and its own 2x artesian wells for clean water supply
• Asking Price $2,235,000 ($254/m2 of land size or $3,725/m2 of villa size)
Why should You invest in this property?
• According to existing zoning plan land is categorized as agricultural/farm land
with 10% construction permit. Nevertheless, in 1-2 years time it is highly
expected zone planning will upgrade status of region to residential with 40%
construction permit. That means land will get total nett 3,520m2 building permit
allowing on each
• Major Resort, Summer Villas, Estates Area for Upscale residents,
• At one of the best junction of Northern Marmara-Istanbul and Southern region-
Yalova & Bursa,
• Close to heavenly Sapanca Lake Area,
• ~1.5-2hrs distance to Uluda Ski Center & Resort Area
• This province is attracting more attention thanks to the yacht marina, highway
connections, Izmit Bay Bridge and Marmaray connected railway lines. It is
estimated that the population of will increase from 160 thousand to 300
thousand. In order to ensure that, Zeytinlik agricultural zone will be opened to
low-density construction.
• Rumors says that either himself or first degree relatives of United Arab Emirates
Ruler has bought a 100,000m2 land in Darica in 1984.
• Turkey’s one of the biggest marinas, with a capacity of 2500 yachts, will be built
in -Darica, Istanbul’s old summer resort area.
• Elit Group has begun the construction of a 5-star hotel on shore with an
investment of 60 million dollars.

Vision…
Invest …
• OPTION 1-Have your own superb mansion with ~200m2
extension and first grade restoration & renovation, enjoy it with
your loved ones in a great location!
• OPTION 2-Wait 1-2 years till residential zoning received. Then,
build 2-4 more luxurious residential villas (680m2-1360m2 each
on 1,750-2,900m2 land) on other 2 parcels and sell $2,500-
$3,000/m2 each with up to ~175%-275% ROI for sale option. In
avg. 3 years duration with total investment and return that
means avg. 20-40% capital appreciation per year! + You have
your own villa free!
• OPTION 3-Do nothing. Keep the land. Enjoy avg. ~15 % capital
gain annually for next 5 years! Sell double price after max. 5
years. ~200% ROI in 5 years.

3. Land - Residential – 225,090m2
@Istanbul-Buyukçekmece-Akçaburgaz
• This single lot 225,090 m2 size of land In Büyükçekmece with the full
view of Büyükçekmece lake and partly overlooking the Marmara Sea
over an inclined hill
• a ‘not to miss’ opportunity for a potential luxurious/exclusive villa real
estate investment project.
• Existing zoning plan of the land has ~27,000m2 residential ~3,000m2
commercial development permit.
• just ~1km far from E-80 motorway. Multiple connection roads of the
area to the motorway is currently under construction to be complete in
2015.
• Mentioned land plot is surrounded by branded luxury exclusive villas
and townhouse development projects each consists of high standards
dwellings with ~5,000-10,000m2 land size and a ~1250-1500m2 GLA
(Gross Buildable Area), exceedingly attracting local High Nett Income
Individuals, European and Arab Investors from Gulf Region

• Average Age of Properties on Sale in this neighborhood is
~6.2 years old,
• average size of the villas is around ~6.3+1.7 room, 621m2
with 2,242m2 garden size
• Average Sale Price is ~$1.498.023 which is ~$2,500/m2
• Actual Projects launching in the area currently like EMAAR
Toscana Orrizzonte, , Valle Lacus are demanding
$3,500-$4,000/m2 turnkey sale price from prospective
clients for bigger size exclusive villas
• There are very few single lot land available like this in
Istanbul which easily might attract big developers
• Asking price $29,500,000 ($131/m2)
• For such location, price is very cheap in comparison to other
equivalent (in terms of location and size) available lands
Vision
• OPTION 1 -You like class! Exclusivity! We believe a signature architecture
for ~750m2 size exclusive villas on ~5000m2 land supplied to market
around $5000-$6000 /m2 can easily have demand. ~160% ROI in 2-3 years-
avg. ! (~60% CAGR!)
• OPTION 2- You are an entrepreneur. You need high return in reasonable
time. A project -similar to statistical average of existing developments- with
90 x luxurious 3 storey villas with ~350m2 nett size on ~2500m2 land can
easily earn ~80% ROI in 2-3 years-avg. ! (~34% CAGR!)
• OPTION 3- You don’t like construction. It is messy.. Divide & conquer! You
need reasonable return in short time. Buy land (~$131/m2 current rate)
develop it partially in ~4000-5000/m2 lots and sell with ~$200/m2 current
market rate . ~40% ROI in ~2 years (~19% CAGR)!
• OPTION 4- You are an environmentalist and go green! buy land ($131/m2
current rate), let someone cultivate it for you with beautiful sunflowers! It
will be shelter for birds, animals sell it after 3-5 years with min. ~$400-
$500/m2. ~85% ROI in ~5 years (~13% CAGR)!
Currently there is no another such size land available in such location
with that price
Since no political instability is expected after all elections over, This
property attracts major investors nowadays

1. Land - Residential - 21,264m2
@Istanbul-Büyükçekmece-Güzelce
• ~1300m from seaside
• ~1000 m from E-5 (D-100) highway, located near
Villas.
• Located in a district with high Infrastructure standards
• away from the crowd and noise of the city.
• Nice environment and mild climate
• Possibility of sea view from upper floors
• New transportation projects like Güzelce and Büyükçekmece
Marinas and subway line crossing to reach Silivri.
• Enticing region for low rise mid to upper grade real estate
investment
• Asking Price $9,750,000 ($375.2/m2)

An architectural concept study for the best use of land like that ….
is estimated to have ~40% ROI for development of the project
(in addition to capital gain of the land) of around ~13-15m$ total investment

@Istanbul-Büyükçekmece-Fatih
• Direct Seaview on an inclined hill,
• Right next to E-5 Highway and metrobus station,
• Istanbul Ataturk Airport is 15 minutes away,
• TÜYAP Exhibition Center, shopping malls,
hospitals, schools, universities are within walking
distance.

• Land with a huge capital gain potential in mid-
term,
• Possibility to further develop by working with local
government, city planning department
• After further geotechnical investigation and proof
of good geotechnical conditions or in condition of
ground improvement permitted construction area
might significantly increase and value shall
increase
• Asking Price $22,500,000 ($495.4/m2)

@Istanbul-Silivri-Gumusyaka
• In one of the most demanded and high capital gain
region of Silivri/Istanbul,
• Right next to D-100 highway
• Close to the entrance of the Northern Marmara
Motorway connecting to 3rd Bosphorus Bridge,
• 15 min. to Silivri downtown,
• 1hr. -100 and TEM
highways,
• At a distance of 40 min. to the 3rd airport under
construction

Why you should invest in this property?
being
• Just at the beginning of European side Northern Marmara
Motorway via 3rd Bosphorus bridge,
• At the proximity to Istanbul Grand Airport, Istanbul’s 3rd
international Airport
• far from hassle of the city
Makes this land attractive to mid to long term investors
• Asking Price $2,284,272 ($87/m2)
Our advice invest now either build your own house or wait,
price will get doubled in ~4 years max. that means 15-20% avg.
annual capital gain.

@Istanbul-Silivri-Kavakl

• At a distance of 15 min. to Silivri downtown,
• At a distance of 35 min. to (Atatürk Airport)
via D-100 and TEM highways,
construction,
• Lot is nearby to Kavakli Town center
• Neighborhood is covered by villas, farmhouses,
cottages, mansions by upper mid and upper class
residents
• Asking Price $2,607,360 ($96/m2)
• Invest now
– build your own summer house
– Or keep the land maximum 3-5 years price will get doubled
that means 15-20% annual average capital gain.

4- Land - Residential - 19,504m2
@Istanbul-Silivri-Kavakl

about Silivri…
• Silivri District, on the European side, is located in the
western part of the Istanbul peninsula. Neighbor with
Büyükçekmece and Catalca in the east, and with Tekirdag at
the West.
• one of Istanbul's first cottage areas with an easy access to
North and Western Istanbul.
• A State Hospital, few Private University Campuses, and all
major primary government institutions are located in the
County,
• rare arable lands of Istanbul is abundant in Silivri and
sounds very attractive to the ones who are interested in
organic farming in the close proximity to central Istanbul

construction,
• Lot is nearby to Kavakli Town center
• Neighborhood is covered by villas, farmhouses,
cottages, mansions by upper mid and upper class
residents
• Asking Price 2,184,448 ($112/m2)
• Invest now
– build your own summer house
– Or keep the land maximum 3-5 years price will get doubled
that means 15-20% annual average capital gain.
A view from parcel toward Kavakli town center..

@Istanbul-Silivri-Çanta

• In one of the most demanded and profitable region of
Silivri/Istanbul,
• In the middle of 2 different state highways and at the
entrance of the Northern Marmara Motorway
connecting to 3rd Bosphorus Bridge,
• Property located on 2 parcels within the residential
zoning area,
construction
about Silivri…
• Silivri District, on the European side, is located in the
western part of the Istanbul peninsula. Neighbor with
Büyükçekmece and Catalca in the east, and with Tekirdag at
the West.
• one of Istanbul's first cottage areas with an easy access to
North and Western Istanbul.
• A State Hospital, few Private University Campuses, and all
major primary government institutions are located in the
County,
• rare arable lands of Istanbul is abundant in Silivri and
sounds very attractive to the ones who are interested in
organic farming in the close proximity to central Istanbul

Why you should invest in this property?
being
• Just at the beginning of European side Northern Marmara
Motorway via 3rd Bosphorus bridge,
• At the proximity to Istanbul Grand Airport, Istanbul’s 3rd
international Airport
• far from hassle of the city
Makes this land attractive to mid to long term investors
• Asking Price $2,232,784 ($212/m2)
Our advice invest now build your own house or wait, price will
get doubled maximum in 3-5 years that means 15-25% annual
average capital gain.

@Kocaeli-Dar ca-Bayramo lu
• Land comprises of 4 separate lots
• Lot 114/2 has an estate including two
buildings on it
• Area is well known by having major
businessmen summer villas, estates,
farmhouses
• Very close to Istanbul border (~3km)
40mins to Istanbul Centre
• This province is attracting more attention
thanks to the yacht marina, highway
connections, Izmit Bay Bridge and
Marmaray connected railway lines. It is
estimated that the population of will
increase from 160 thousand to 300
thousand. In order to ensure that, Zeytinlik
agricultural zone will be opened to low-
density construction.
• Rumors says that either himself or first
degree relatives of United Arab Emirates
Ruler has bought a 100,000m2 land in
Darica in 1984.

Turkey’s one of the biggest marinas, with a capacity of 2500 yachts, will be built in
-Darica, Istanbul’s old summer resort area.
Elit Group has begun the construction of a 5-star hotel on shore with an investment of
60 million dollars.

Why should You invest in this land?
• Major Resort, Summer Villas, Estates Area for Upscale
residents,
• At one of the best junction of Nothern Marmara-Istanbul
and Southern region-Yalova & Bursa,
• ~1.5-2hrs distance to Uluda
• A land with upto 8,500-9,000m2 building permit!
• Asking Price $5,000,000 ($460/m2)
• Invest
– Build your own mansion
– Build luxurious residential villas with up to ~90% ROI for sale
option
– Do nothing. Keep the land. Enjoy avg. ~20-30% capital gain
annually for next 5 years!

@Tekirda -Çerkezköy-Veliköy

• To Organized Industrial Zone 4 km.
• To Çorlu -Çerkezkoy Highway 2 km.
• Çerkezköy - Istanbul Access Road 2.2 km
• To Çerkezköy City center 7 km.
• To Çorlu Center 18km
•
• To Istanbul Center 110km
• Edirne - Istanbul high-speed train project, will improve
transportation to the district and increase land values.
• Asking Price $3,562,500 ($375.2/m2)

@Tekirda -Çorlu-Yenice

• 1,5 km. to the Sea,
• 1 km to Main Highway (E-5),
• ~5 km to planned K - freeway (golden ring),
• 1-1.5 hour to Airport,
• 15 minutes to and Çorlu Town Center
• Land is capable of 640 pieces of blocks which has
dimensions between 300m2-1,000m2 according to
1/1,000 scale Zoning Plan (1,600 m2 is reserved for
social facility area, 1,600 m2 for commercial area and
2,500 m2 for religious facilities.)
• Proximity to main Highways (E-5 and TEM), Çorlu
Airport, High-speed rail line extending to Europe

Noteworthy Features of the Region..
• The Izmit Bay and Dardanelles Strait crossings will create a golden ring for
the region. Connecting the top cities of the region within four (4 hours) at
most. Part of the ring connecting -Çanakkale- section via
Dardanelles Strait Crossing will positively affect land prices up on the
region within next 3-5 years
• Plans for the decentralization of industrial zones in Istanbul and level it
through Northern Marmara along a segment between around Tekirdag-
Çorlu- -Gebze – Kocaeli even extending to Yalova (after
completion of Bay Crossing) will result more accelerated change in
the region. Çorlu will gain more importance and increased level of
interaction with other cities around the sea of Marmara like Bursa, Yalova
and Çanakkale.
• Being a connection gate between Trakya and in terms of
location, logistics opportunities and economic relations makes Çorlu the
most strategic and operationally important town in Trakya. The Project
Golden Ring which will be performed around the Marmara Sea has the
scale of 1/100.000 and will connect Çorlu to with the help of
proposed connection routes between and Marmara .

Vision:
• Asking Price $28,700,000 ($57.4/m2)
• Invest now In 3-5 years time, price will increase min
100%. That means min. 15-20% avg. annual capital
gain potential.

RESIDENTIAL&COMMERCIAL - Lands

107 most demanded area, highest returns, opportunity to expand for a brandmark mix-use development 3,600 land İstanbul Ataşehir Küçükbakkalköy
12 one of the best location for a mixed use development project! 22,870 land İstanbul Büyükçekmece Mimarsinan
13 one of the best location for a mixed use development project! 19,008 land İstanbul Esenyurt Zafer
30 short/mid-term return opportunity in a high potential perfect location 28,554 land İstanbul Tuzla Tepeören
residential & commercial

107. Land-Mixed Use Residential & Commercial
@Istanbul-Ata -Küçükbakkalköy 3,600m2

• Located on a very popular street in rising property star
• At the intersection of Merdivenköy Yolu and Tevfik Fikret
streets,
• ~400m to O-2 Freeway connection road, 1km to D-100(E-5)
highway
• Just 2km to International Financial Center!
• ~400m to Carrefour Shopping Mall, ~700m to Allianze
Tower, ~500m to Marriott Hotel, many upscale private
hospitals, gourmet restaurants around
• Possibility to buy nearby lots 2086 & 2088 to increase land
size upto 14,000m2
• Perfect spot for mixed use development project including
shopping center at ground and high rise residential
apartments
• Asking price $13.25 million ($3,690/m2)

Vision
•Option 1- buy lot (3,600m2) develop 8000 m2 boutique
residential project 4 units (500m2)/floor 16 storey
apartment consisting of 40 units with 2,000m2
commercial space
Total Cost: $19 Million ($13.25m land + $5.6m construction)
Sales:2,000m2x$7000+6,000m2x$1500=$25 million
ROI= ~30% (in 2 years) (14% CAGR / annual return)
•Option 2- buy neighbor lots, total 14,000 m2 land.
develop a brandmark mixed use project ~ 30,000 m2
Total Cost: $76.5 Million ($52m land + $24.5m construction)
Sales:7,500m2x$10,000+22,750m2x$1,500=$109 million
ROI= ~42% (in 2 years) (19% CAGR / annual return)
•Option 3- buy, wait 3-5 years, sell appreciated price
ROI= ~70% (in 5 years) (8-10% CAGR / annual return)
About Ata stanbul International Financial Centre
• International Financial Centre is a macro scale finance themed
Property Development Project directly orchestrated by Turkish Government via
Major Contractors to attract major public and private finance and banking
players providing support and direction to major Turkish commercial
institutions & organizations together with international players which provides
consultancy to International & Local Investors, Business owners. Purpose is to
create synergy by bringing physically scattered those major institutions
together. Central Bank, Regulatory Authority of Banking and other Major banks
( such as ZiraatBank, HalkBank, Vak fBank) which majority owned by public and
EmlakGYO (REIT) are some of well-known tenants of the projects
• Project is going to conclude a whopping 4.2 million sqm. Office, residential,
commercial, conference, hotel and carpark space to be occupied by above
mentioned customers.
• Developing such project is not accidental; it is strategically aligned with the
period when Turkey is rising amongst the ranks of countries attracting most
foreign investment and FDIs . Project targets to create finance & banking hub
or neighborhood to result more synergies.
• Construction of the Financial Center/District has started in 2009 and it is
targeted to complete construction by late 2016.

12. Land - Residential & Commercial
22,870m2 @Istanbul-Büyükçekmece-Mimarsinan

remarkable features…
• 250m from the beach,
• very close to D100 highway,
• Many prestigious branded residential housing projects around,
• Shopping malls, markets, cafes, banks, schools and restaurants
in this area,
• Unoccupied clear land for the construction, mildly sloped land
toward sea
• Easy access to & from region by public transportation,
• Direct sea view starting from ~1st floor,
• Many higher education institutions in the region like Fatih
University, Beykent University, Arel University and Kadir Has
University,
• A hospital right at next

Vision….
• Site characteristics, volume and mix of pedestrian
traffic, population density is perfect for a profitable
mixed use development project
• Current Zoning Plan allows 53,000m2 mixed use
(42,000m2 residential & 4,000m2 commercial) area
construction
• Attached concept foresees ~90% profit with current
market rates and ~$72m total investment! (~49.5m land +
~$22.5m construction and other)
• Invest to earn ~90% ROI by developing it!
• Asking Price $49,350,000 ($2,157.85/m2)

13. Land - Residential & Commercial
19,008m2 @Istanbul-Esenyurt-Zafer

Background Analysis…
Istanbul’s growing population, mass migration from rural areas, scarcity of
large single piece of lands in central parts have forced federal and local
governments to act decisively to decentralize population and urban growth.
In the past 15 years, satellite towns and major sites outside of central
Istanbul have been formed for growth areas. In the late 1980s, Esenyurt has
become an attractive location for real estate investment and development
projects.
The demand for the region has reached the highest level with the launch of
the TEM link road.
In this context, Beylikdüzü and Esenyurt Districts have become gravity
centers where residential projects blossomed such as; Regnum Astrum
Towers , Solar Kent , Emlak Bizimkent Evleri, Isthanbul Evleri, Ihlas
Marmara Evleri, Modernist Fi –Tower and Innovia as well educational
institutions such as; Okyanus Koleji, Fatih University, Beykent University and
shopping malls such as; Migros , Real , Carrefour, Beylicium and Marmara
Park took place.

Outstanding features of the property..
• 2 km from E-5 (D 100) Highway.
• 6.5 km from .
• 7 km from Büyükçekmece.
• Ataturk Airport is 17 km away.
• TEM highway is 3 km and the Bosphorus Bridge is 49 km away.
• Fatih Sultan Mehmet Bridge is 44 km away.
• Zoning plan allows 10 to 12-storey residential apartments in the
vicinity of the property. It is a perfect location for a modern
architecture mixed use residential & commercial condominium
development project targeting upper-middle & upper income
customer segment with all social, sporting and welfare facilities
rising on a fantastic infrastructure.

A concept like above reflecting permitted
construction area by zoning plan….
• Allows
– ~42,500m2 residential area ( ~420 units)
– ~15,200m2 leasable commercial area
in total ~65,000m2 construction area
• By investing ~$41m for Land + ~$26m for construction
etc. you gain potential to make a galloping ~$105m
profit ~150% ROI with current market rates! Assuming
3 years time between overall investing and getting
returns; 37% capital annual growth rate! If exist, it is
rare in the world!!!
• Asking Price $40,950,000 ($2,154.36/m2)

30. Land – Residential - 28,554m2 @
Istanbul-Tuzla-Tepeören

Education
Residential
Commercial
Latest Zoning Plan

Features of the Property
• Land is located in Istanbul-Tuzla-Tepeören District.
• Right next to Old Ankara Highway
• ~2km to E-80 Highway, Sabiha Gökçen Int. Airport is just ~9km away
• Approved Land Zoning Plan allows to develop Educational,
Residential and commercial facilities on the land
• ~3-5% of the land should be allocated to the road passing through
• Rising demand from the areas Gebze, for small and large
scale industries taking place in the immediate surroundings of the
related parcel makes property value increasing.
• The development of Small & Medium Size Manufacturing
Industry Coperation , -Turkish Electricity Distribution JSC and
many other important industrial companies in the immediate
vicinity of the plot are the positive factors driving property price up
• Asking Price for the property is $10,500,000 ($367.7/m2)
Why should you invest in this property?
• One of ‘Two Cities for and Europeaon side’ announced by President, Recep
Tayyip will be set up in Tuzla. This new city that will be built in the zone of
Tuzla- - will be the center of attraction.
• Life, work, social life, education and health activities being designed together in an
integrated way through the new city project which will be built on the area
covering 2 million square meters including residences, apartments, hotel, home
office, retail stores, office buildings, arts and cultural facilities, education campuses,
hospitals and shopping centers. the inclusion of environmental friendly engineering
and green architecture concepts such as reuse of rainwater by collectors and
treated to be use for day to day use are important features of this new city
• Nearby (~9km away) Sabiha Gökçen Airport being made to serve 45 million
passengers per year after the new runway is so put into service.
• The town of Tuzla, where 7 Universities currently operate in, the number will rise
up to 11 with the addition of 4 more Universities that are pending approval from
Higher Education Board.
• One of the Northern Marmara Motorway -linked to 3rd Bosphorus bridge-
connection is ~2km away

NewCity@Tuzla
• Istanbul Growth Plan (2009) foresees horizontal growth.
That’s why several eastern and western districts were
identified as growth centers,
• Tuzla NewCity planned to be set up on 2 million sqm is one
of those growth centers,
• 1st stage of NewCity was kicked of on an area nearby to
Sabiha Gökçen Airport on a piece of land sized ~260,000 m2
with a mixed use development project,
• Project will be connected Istanbul Metro Network,
• Urban plan of area is complete. Architectural plans
developed by a german architectural firm ASP won the
competition for the development,
• Apart from local contractors & investors, there are many
international investors interested in investing the project
Proximity of Tuzla NEWCITY Stage-1 to Airport

About Tuzla..
• Tuzla, the town located far south side of Istanbul, is one of the
moderately populous towns of Turkey. Turkey’s largest shipyard and the
only Formula 1 track are located in Tuzla. With a surface area of 86 km2
area, the town has 13 km length of coastline in the Marmara Sea.
• A large number of residential building projects are happening especially in
south of the railway and so called the main Tuzla district. Where a portion
of the construction was completed and opened to settlement, a large
portion of residential construction is still ongoing. Currently, the empty
plots in the form of field and land are the candidates for the same future.
• Drinking water, sewer system and a large part of other infrastructure of
the town is complete. Large-scale treatment facilities takes place in Tuzla.
Tuzla’s coastal side is fully developed. Many restaurants are located in the
coastline of Tuzla. Especially, the visits of the enthusiasts in the summer
times lead to a social vitality in the area. On the contrary to southern
part, coastline of Tuzla, Northern side of it where our properties located
will be the areas are expected to reach same level of growth and
development in near future. This is another reason to invest in the area
now.

31. Land – Commercial & Residential Expected –
17,737m2 @Istanbul –Pendik – Kurna

Features of the Property…
• Location…Location…Location….
• Located in Pendik, one of the growth centers in Istanbul
• Right next to E-80 Freeway
• On the Opposite to Viaport Outlet Center
• ~4km to Sabiha Gökçen Int. Airport
• In ~7 km distance there are several 5-Star Hotels (Crowne
Plaza, GreenPark, Miracle, Radisson Blu, Double Tree by
Hilton)
• There are many branded residential projects in the region
and many ongoing projects by well known contractors Such
as Dumankaya, FiYapi, Teknik Yapi,DAP Yapi
• Asking Price for this Property is $3,000/m2
– Parcel 1-2,737m2- $8,211,000
– Parcel 2-15,000m2 - $45,000,000

14 Perfect Location for a 5 Star Hotel Development! 46,322 land İstanbul Büyükçekmece Mimarsinan
15 Perfect Location for a Luxurious Resort Hotel Development! 54,360 land İstanbul Silivri Mimarsinan
16 a wonderful spot for health tourism facility! Sea,mountains,oxygen,hotsprings! 17,641 land Yalova Çınarcık
105 A hidden touristic gem! price & perfection all together! 225,000 land İzmir Karaburun Çatalkaya
104 SOLD 102,911 land İzmir Dikili Bademli
20 Good location for a Hotel with Convention & Exhibition Center 152,375 land Tekirdağ Çorlu Seymen
17 a key property with huge potential for a developer! Perfect location! 2,150 land & building İstanbul Kartal Soğanlık
18 for big players / developers! Located at one of the Europe's busiest financial & business district 2,664 land İstanbul Şişli Mecidiyeköy
19 best commercial location for logistics center, retail trade or shopping center development 23,145 land Kocaeli Kartepe Uzunbey
commercial & tourism
commercial

14. Land -Tourism – 46,322m2
@Istanbul-Büyükçekmece-Mimarsinan

Outstanding features of the property..
• 4 km from E-5 (D 100) Highway.
• 7 km from Büyükçekmece town centre
• Ataturk International Airport is ~30mins away.
• 50 km to Bosphorus Bridge
• Current state of property is in its basic condition, naked land and open to
develop to carry out geotechnical investigations and liaise with local
government and authorities to extract more value and increase
investment potential of the land.
• Existing zoning plan states property as tourism zone which allows to build
hotel, resort, holiday village etc.
• Under current conditions size (Gross Building Area) of any touristic hotel
would be around ~14,000m2.
• Asking Price $46,322,000 ($1000/m2)
A concept in its simplest way…..

Vision….
• Option 1: Develop
Site characteristics, size and location is perfect for a profitable mixed use
development project similar to Madinat Jumeirah in Dubai including a marina
with 200-300 berths, a 5-6 star resort hotel (one&only?..), a world class spa
(Henri Chenot ?...), boutique restaurants (Celler de Can Roca, Osteria
Francescana, The Ledbury?..) cafes. Bringing class and high value brands will
automatically extract more and more value from the property and increase ROI
on cost of investment on property
• A property in a perfect location with high potential of more and more
appreciation and annual capital gain.
• A complicated property to make a calculation of ROI… It all depends on your
vision and imagination..
• Invest $1000/m2 to have all the potential!
• Option 2: invest & do nothing! Min. avg. 15% capital gain due to market
appreciation
• Option 3: invest, develop the land, extract more value (geotechnical
investigation, ground improvement –if required, increase buildable area)
increase value of your property and sell it with a premium!

@Istanbul-Silivri-Mimarsinan

Site Features
• ~5 mins drive to Silivri Town Center
• ~500m away from D100 (E-5) Highway
• ~9km from Northern Motorway (under construction) connection
• 25 km to Çorlu Airport
• 35 km to 3rd Istanbul Grand Airport
• 60 km to Atatürk Int. Airport
• 76km to Istanbul Old City
• An exclusive location surrounded with elite development projects such
as beach villas, estates, residences
Outstanding Features of the Property...
• 54,363m2 nett land size for development
classified as Tourism Zone
• allowed ~10,000 m2 building footprint area, up to
~50,000m2 area buildable area permit for max. 5
storey for a 5-Star Hotel Building
• All infrastructure is at the property border
• ~400m shore line with natural beach
• Perfect location for Marina
• Perfect location for water sports

About Silivri…
• Istanbul’s second largest town in terms of its land size with current
population around 170,000
• Owns one of the Istanbul’s longest shoreline, ~49km
• close to major land, sea and air transport centers,
• Very convenient for organic farming / agriculture with big size high grade
arable land and a very convenient climate and rainfall statistics,
• very close to highly industrialized zones of Çorlu, Çerkezköy, Lüleburgaz,
• It is on the way of all year round fresh, full oxygen air currents sourcing
from ~300 km long Istranca Mountains parallel to Black Sea,
• In terms of abundancy of oxygen in the air, One of the best location for
Asthma and other Respiratory System Patients together with Yalova-
-Armutlu region,
• High education rate (5-6 university campuses in the region)
• High Infrastructure standards,
• Well established & executed urban development standards,
• Chosen as a high quality living residential area by high net income
individuals seeking exclusivity,
• Well established hospitality culture, availability of resources for Tourism
industry
Why should you invest in Silivri Region?..
• Proximity to all major motorways transport routes airports, seaports
• Nearby connection to Northern Marmara Motorway under construction,
• It is on Golden Motorway Ring of Marmara region (Istanbul-Tekirda -Çanakkale-
-Bursa-Yalova –Kocaeli-Istanbul)– max. travelling time 4hrs on the ring
• Planned as one of the major growth centers in Istanbul Urban Development Plan
(1/100 000) published in 2009 targeting 2023 (100th Year anniversary of
establishing Republic of Modern Turkey)
• It was identified and planned as the highest growing region of Istanbul, reaching
a population of total 1.5m by 2023! (550,000 is estimated to be working
population by then),
• New cities, residential districts shall be built,
• Istanbul’s 4th airport is planned to be built in the region somewhere near to one
of Silivri’s provinces, Kad ~20km
• Planned seaport, lightweight railway system for public transport and 2x logistics
centers, 1x racecourse are some important features of Istanbul Urban
Development Plan
• There are many demand supporting factors in the region such as increasing
population, high level of education, branded developments, quality residences,
high nett income settlers, readiness of infrastructure, growth supported by local
& federal government, suitable land etc.

Sunflower Villas
Land -Tourism – 54,360m2 @Istanbul-Silivri-Mimarsinan

Klasis Resort Hotel

Vision…
• Option 1: Invest in Land Property and Develop a 5-Star Hotel!
Site characteristics, size and location is perfect for a lucrative 5-Star
destination Resort Hotel (Aman Resorts, Fairmont Resorts, Belmond, Banyan
Tree, Mandarin Oriental, Jumeirah, Taj Hotel & Resorts, ?..) development
project positioning in Luxurious Leisure, Congress & Meeting Hotels Segment
including a marina with ~200 berths, a 5 star hotel, a world class spa (Dior
Institut, Joëlle Ciocco, Givenchy Spa, Daniela Steiner Beauty Spa, Spa by
Clarins, Guerlain Spa?...), boutique restaurants (Celler de Can Roca, Osteria
Francescana, The Ledbury?..) cafes. Bringing class and high value brands will
automatically extract more and more value from the property and increase ROI
on cost of investment on property
• A property in a perfect location with high potential of more and more
appreciation and annual capital gain.
• A complicated property to make a calculation of ROI… It all depends on your
vision and imagination..
• Invest to have all the potential!
• Option 2: Invest & do nothing! Minimum avg. 15% annual capital gain due to
market appreciation. Doubled Market Value in max. 5 years time. Possibility to
hit Market Value ~ $1500-$2000/m2 in ~8-10 years time
• Asking Price $48,518,977.5 ($892.5/m2)
• Huge appreciation and high average annual capital gain (15-20%)
potential,
• Located in such an region which is going to be a rising star of Istanbul
Property Market – already signs of take off visible-and preferred location
for all year round living for high net worth individuals who looks for class
and exclusivity
• conditions of value appreciation exists such as complete infrastructure,
living region of choice, nearby major shopping mall, proximity to major
transportation arteries, planned seaport and 4th airport–ease of moving!-
one of Turkey’s biggest racecourse –fun!- mild climate, clean air with high
level of oxygen, opportunity of living organic & healthy, beautiful
environment and surrounding area
• Announced to be a growth center by Istanbul Urban Development Plan
and supported by all means
• Expected residents population to increase to 1.5 million from existing
~160 thousands , tourist population expected to increase to ~3-3.5 million
from existing ~1 million during summer season
• New planned major residential areas are now at early stages of
development

Why should you invest this property to
develop a 5-Star Hotel & Resort?
• Best seaside location for such Hotel & Resort
concept development,
• Shortage of similar 5 Star hotels when considering
increasing record number of local & international
tourists visiting Istanbul ,
• Increasing number of tourists visiting Silivri,
• Increasing upscale image and brand of Silivri as a
destination for living and vacation

@Yalova-Ç narc k

-Yalova, Bursa Region…
• The fastest growing region in terms of attracting foreign investment for
property:
– property sales to foreign investors grown ~5.5 times to ~2000 transaction
/year combined with Bursa since January 2013
– Total share in overall property sales in Turkey to foreign investors has tripled
to 15%
• Typical mild Mediterranean climate features; not very hot summer,
moderate winter
• Fascinating nature and flora ( one of the richest endemic region in the
world due to size and variety)
• One of the richest oxygen producing spots on the world thanks to rich &
unique flora of Kaz Mountains and unique air currents. International
recognition and recommendation to asthma and other respiratory disease
patients,
• World famous hot springs areas (Termal & Armutlu) for treatment of
many illnesses ; nerve system to skin, rheumatism , gastro-intestinal
system, gynaecological, heart & artery diseases ,and obesity. Chemistry &
Physical Properties of Hot springs are superior to the ones existing in
Europe.
About -Yalova, Bursa Region…
• around ~210-240 days long health tourism season.
• A region with historical significance for the one who are
interested in Ottoman History and Islamic Culture as Bursa was
once the first capital of Ottoman Empire before Istanbul .
• Proximity to other major touristic destinations such as
Ski & Resort Center, Aegean shoreline packed with numerous
B.C. Ancient Greek and Roman sites
• Availability of both Land & Sea transportation means to Istanbul.
• Daily Ferries to istanbul
• ~1-1.5hr reduced travelling time to Istanbul after opening of
Bay Crossing Bridge in March 2016, .
• Relatively lower property price availing in comparison to
Istanbul

Remarkable features of the Property
• ~2km to sea, 7km to Termal Hot Springs, 14km to Yalova,
75km to Istanbul Sabiha Gokçen Int. Airport, 78km to Bursa
Town Center, 120km to Ski Center
• Having both sea & wonderful mountain view
• Possibility to bring hot springs via pipeline
• Tourism zoned Land allowing any kind of touristic facility
such as hotel, timeshared apartments with current total
buildable area permit up to ~34,000m2 with possibility to
increase up to expected ~50,000m2 (due to ongoing zoning
upgrade study at the region)
• A tranquil location for recuperation at one side beautiful sea
view at the other side majestic mountain view close to all
centers of attraction such as Termal, Yalova, Bursa, Istanbul
Vision
• Invest in land $7.1m (~$402.5/m2)
• Option 1: Develop a 5-Star Hotel serviced by specialized Doctors,
Dieticians, healthcare personnel specialized in Beauty & Health
Tourism with hot springs spa pools, zen gardens targeting
segment who are after staying young, beautiful, maintaining
better health, in need of supportive & natural treatment of
diseases
• Option 2: Develop a timeshared apartment complex
– 160 no.s of 1+1 ~85m2 Units for time shared (30 yrs) sale ~$12,000 /
2-weeks in a year each and 90 no.s of 2+1- ~110m2 Units for time
shared sale ~14,000/2-weeks in a year.
Avg. Total Investment Period:~1 yr, Avg. Total return period:~3yrs .
Expected ROI: ~120% Avg. Annual Return: ~30%
• Option 3: invest in land, do nothing. Enjoy min. avg ~15% annual
capital gain (i.e. price will get doubled in 5 yrs time) resulting
from market appreciation

An Architectural Concept for Option 1 or 2 might look like..

105. Land - Tourism & Residential & Commercial –
225,000m2 @ Izmir-Karaburun-Çatalkaya

features of property - I
• Property is located on Karaburun Peninsula near to
district of Karaburun in Izmir close to very
popular tourist destinations such as (~45km),
(~40km).
• 75km to Town Center, 82 km to Int. Airport
• Area is one of the hidden treasures in Turkish Riviera not
much discovered by masses but very much known amongst
locals by it is beauty
• Property has special zoning permit divided land into
– Tourism preferred residential zone (72,658m2),
– Touristic Facility Zone (94,548m2),
– Excursion Tourism Facility Zone (46,425m2)
– Commercial Facility Zone (6,446m2),
– Administrative Facility Zone (4,476m2)

Features of Property - II
• According to zoning plan Total 46,304.85m2
construction area allowed in following way:
TYPE of ZONE
LAND AREA
(m2)
Permitted
Construction Ratio
(KAKS), hmax
Construction Area
(m2) -Allowed NETT
Residential 72,658 m2 0.30 ; hmax= 6.5m 21,797 m2
Tourism Facility 94,548 m2 0.20 ; hmax= 6.5m 18,910 m2
Excursion Tourism Facility 46,425 m2 0.05 ; hmax= 4.5m 2,321 m2
Commercial Facility 6,446 m2 0.30 ; hmax= 6.5m 1,934 m2
Administrative & Infrastructure 4,476 m2 0.30 ; hmax= 6.5m 1,343 m2
TOTAL 224,553 m2 46,305 m2

Proposed Concept
• Residential & Touristic (Resort Hotel) Facilities
39,465 m2
• Administrative Buildings 1,400m2
• Commercial Shops, Retail Stores 2,000m2
• Spa 550m2
• Restaurant 600m2
• Diving Center & Sailing Club 200m2
• Kids Club & Game Garden
• Swimming Pools
Vision…
• Asking Price €16,875,000 (€75/m2)
Invest in Land
• OPTION 1: develop a 5-Star Resort Hotel!
Site characteristics, size and location is perfect for a world class 5-
Star destination Resort Hotel (Aman Resorts, Fairmont Resorts,
Belmond, Banyan Tree, Mandarin Oriental, Jumeirah, Taj Hotel &
Resorts, ?..) development project positioning in Luxurious Leisure
Hotel Segment including a descent size marina with ~200 berths,
a 5 star hotel, a world class spa (Dior Institut, Joëlle Ciocco,
Givenchy Spa, Daniela Steiner Beauty Spa, Spa by Clarins, Guerlain
Spa?...), boutique restaurants (Celler de Can Roca, Osteria
Francescana, The Ledbury?..) cafes. Bringing class and high value
brands will automatically extract more and more value from the
property and increase ROI on cost of investment on property

Vision…
• A complicated property to make a calculation of ROI… It all depends
on your vision and imagination..
• Invest to have all the potential!
• OPTION 2: Invest in Land & do nothing!
Izmir is planned to be second istanbul in order to maintain
economic growth of Turkey. Current – freeway which
Bay Crossing Bridge is part of that vision. Expected Minimum
avg. 10% annual capital gain due to market appreciation. Doubled
Market Value in max. 7-8 years time.
Option 1-Feasibility…
• In Touristic Facility Zone;
either for Time-Shared or for Managed Hotel Apartments
– 36 Apartments (60 - 90m2 sizes)
– 168 Villas (70-240m2)
In total area of 25,600m2
• In Residential zone;
Either for sale or for rent
– 100 Apartments (60-90m2)
– 173 Villas (70-240m2)
Makes total 477 independent sellable/leasable units with 54,209m2

Option 1-Feasibility…
Costs= Land + Construction & all costs (net present value)
Income= Sales & Lease(net present value)
Costs = €16.875m+54,209m2x$1,000/m2 (all costs)
= $18.5m+$54.5m=$73m
Income =54,209mx $2500/m2
= $135.5
• ROI=Income/Cost ROI=86% over ~5 years time between average
total investment made and average total income received
• average annual return 13% per year

18. Land - Commercial – 2,664m2
@Istanbul- i li-Mecidiyeköy

• Located in the commercial & financial heart of Istanbul
• ~1.5km to Levent-Maslak Business Center Zone, ~3km to
Bosphorus Bridge, ~5km to Taksim, ~6km to Fatih Sultan
Mehmet Bridge, ~9km to Old-City , 22 km to Atatürk Int.
Airport
• Zoned as Commercial Land, with current permits land allows
upto 10,000 m2. There are existing low rise buildings on
land.
• It worths to develop a high rise building, considering the
location and value of the land
• It is on sale for $85million ($31,906/m2)
• An architectural concept study developed for the land looks
like as following

17. Land - Commercial – 2,150m2
@Istanbul-Kartal-So anl k

This is the key to open ~30,000m2 Area of
Attractive Real Estate Possibilities…
• Lots offered are total 2,150m2 part of whole ~30,000m2
island consists of old commercial buildings in varying sizes,
storeys with various owners… However They are willing to
be part of a transformation project ending up with modern
buildings, commercial spaces, possibly residential towers
• Location..Location…Location..At the intersection of D-
100(E-5) Highway Samandira-Kartal Connection, on very
popular E-5 highway corridor in Kartal which is chosen one
of the growth centers in latest Istanbul Urban Development
Plan-2009
• Valuable location with huge potential to develop for almost
guaranteed growth
• 2150 m2 Land comes with a 2200m2 two storey commercial
building with a modest rental income

Vision…
• ~30,000m2 land after combining all lots owned by various
users in condition to have a Construction Agreement on
‘Flat for Land’ basis -without paying for cost of land but
paying for cost of construction- a total estimated building
area of 120,000m2 area can be developed. Current
prevailing market rates for sale of such mixed use
development project in this area is ~$3500/m2. An
expected ROI would be around ~105% with ~27% avg.
annual development project return rate in 3-5 years
development & sale cycle
• Start investing whole world of possibilities in this valuable
~30,000m2 island by investing $6m (~$2800/m2) for this
2,145m2 size piece of land
• Let us support you in such development process!

19. Land - Commercial - 23,145m2
@Kocaeli-Kartepe-Uzunbey

Features of Property…
• Land is on same parcel with Metro Grossmarket -right behind of
it- next to D-100 (E-5) Highway
• Direct ingress & egress from D-100 Highway
• Perfectly located on a commercial & industrial zone with
important commercial & industrial facilities nearby
• ~5km to Izmit Town Center
• Izmit is located in the Eastern part of Marmara region and
Marmara Sea, on the connection hub of Asia to Europe. It is
surrounded by Black Sea in the north, Sakarya in the east; Bursa
in the south and Yalova and Istanbul in the West.
• Izmit region is one of the most advanced commercial & industrial
zone in Turkey with rich access to highway, railway, seaway and
airway connections.
• It is a strategic location for marine transportation with 5 state
ports and 43 private docks.

Vision
• Upto 68,000 Buildable Area Permit on 23,145m2
land
• Perfect location for a logistics center, Retail Trade
or a shopping center
• Invest in Land $22 million ($950.5/m2)
• Option 1: develop a logistics center, Retail Trade or
a shopping center
• Option 2: do nothing, current market trends and
property appreciation in 2-3 years will bring you
30-45% income in case of sale. That means 9-13%
compounded annual growth rate.

20. Land - Social & Cultural Facilities –
152,375m2 @Tekirda -Çorlu-Seymen

About Çorlu...
• In last 15-20 years Çorlu become one of the major industrialized region in Turkey.
Plans for the decentralization of industrial zones in Istanbul and level it through
Northern Marmara along a segment between around Tekirdag-Çorlu- -
Gebze – Kocaeli even extending to Yalova (after completion of Bay Crossing)
are currently resulting more accelerated change in Çorlu. Inevitably, Çorlu has
gained more importance and increased level of interaction with other cities around
the sea of Marmara like Bursa, Yalova and Çanakkale.
• Being a connection gate between Trakya and in terms of location, logistics
opportunities and economic relations makes Çorlu the most strategic and
operationally important town in Trakya. The Project of Golden Ring which will be
around the Marmara Sea will improve Çorlu- connection in a faster route
than existing D-100 highway.
• The Izmit Bay and Dardanelles Strait crossings will create a golden ring for the
region. Connecting the top cities of the region within four (4 hours) at most. Part of
the ring connecting -Çanakkale- section via Dardanelles Strait
Crossing will positively affect land prices up on the region within next 3-5 years
• Due to high industrialization level, region received high migration from rural areas
and increasing working population fueled the growth and made Çorlu one of the
highest growing region in Turkey.
• Çorlu International Airport has capacity to handle major cargo planes and
International flights. That’s way It is expected, Çorlu Airport will take some of
Atatürk International Airport heavy air traffic load

Features of the Property...
• 3km to Çorlu International & Cargo Airport,
• 10km to Çorlu Town Center, 36 km to Tek town center, 106 km to
Istanbul, 130 km to Edirne and 115 km to .
• It is closer to Istanbul compared to other provinces. Corlu is located
opposite the airport. Being close to the airport is an important factor for
international exhibitions particularly. This is the most important
advantage compared to and locations in neighboring provinces.
• Proximity of Land to International Çorlu Airport which is planned to serve
as an airline cargo base for and proximity to 5-star Silverside
Hotel located right next to the land makes this piece of land valuable and
worth for investment.
• Existing Urban Zoning Plan classifies land as “ Social & Cultural Facility
Zone” which might make investors to consider land to be developed as a
‘Congress & Exhibition Centre’
• Existing permit allows to 110,000m2 total buildable are
• Asking price for the land is around $150/m2 or ~$22.85million for whole

FARMING/AGRICULTURAL (Residential Expected)- Lands

32 midterm return opportunity in a high potential location 16,700 land İstanbul Silivri Fenerköy
33 short/mid-term return opportunity in a high potential location 45,000 land Kocaeli İzmit Akmeşe
34 midterm return opportunity in a high potential location 93,024 land Tekirdağ Çorlu Ahimehmet
103 short/mid-term return opportunity in a high potential perfect location 3,141,346 land Yalova Çiftlikköy -
102 a big piece of land in a high demand area expected to be zoned as residential soon! 86,000 land İstanbul Pendik Göçbeyli
101 SOLD 7,604 land Kocaeli Darıca -
residential expected
farming & agricultural

29. Land – Residential - 205,000m2 @
Istanbul-Tuzla-Tepeören

• Land is located in Istanbul-Tuzla-Tepeören District.
• very close to the Istanbul Park Formula track.
• ~6km to E-80 Highway, Sabiha Gökçen Int. Airport is just ~10km
away
• Rising demand from the areas Gebze, for small and
large scale industries taking place in the immediate surroundings
of the related parcel makes property value increasing.
• The development of Small & Medium Size Manufacturing
Industry Coperation , -Turkish Electricity Distribution JSC
and many other important industrial companies in the
immediate vicinity of the plot are the positive factors driving
property price up
• Asking Price for those two big plots of land is $150/m2. Namely,
– Parcel 1238 (125,000m2) $18,750,000
– Parcel 1232 (79,800m2) $11,970,000

• One of ‘Two Cities for and Europeaon side’ announced by President,
Recep Tayyip will be set up in Tuzla. This new city that will be built in the
zone of Tuzla- - will be the center of attraction.
• Life, work, social life, education and health activities being designed together in
an integrated way through the new city project which will be built on the area
covering 2 million square meters including residences, apartments, hotel, home
office, retail stores, office buildings, arts and cultural facilities, education
campuses, hospitals and shopping centers. the inclusion of environmental
friendly engineering and green architecture concepts such as reuse of rainwater
by collectors and treated to be use for day to day use are important features of
this new city
• The town of Tuzla, where 7 Universities currently operate in, the number will
rise up to 11 with the addition of 4 more Universities that are pending approval
from Higher Education Board.
NewCity@Tuzla
• Istanbul Growth Plan (2009) foresees horizontal growth.
That’s why several eastern and western districts were
identified as growth centers,
• Tuzla NewCity planned to be set up on 2 million sqm is one
of those growth centers,
• 1st stage of NewCity was kicked of on an area nearby to
Sabiha Gökçen Airport on a piece of land sized ~260,000 m2
with a mixed use development project,
• Project will be connected Istanbul Metro Network,
• Urban plan of area is complete. Architectural plans
developed by a german architectural firm ASP won the
competition for the development,
• Apart from local contractors & investors, there are many
international investors interested in investing the project

About Tuzla..
• Tuzla, the town located far south side of Istanbul, is one of the
moderately populous towns of Turkey. Turkey’s largest shipyard and the
only Formula 1 track are located in Tuzla. With a surface area of 86 km2
area, the town has 13 km length of coastline in the Marmara Sea.
• A large number of residential building projects are happening especially in
south of the railway line and so called the main Tuzla district. Where a
portion of them are complete and opened to settlement, rest is still
ongoing. Currently, the empty plots in the form of field and land are the
candidates for the same future.
• Drinking water, sewer system and a large part of other infrastructure of
the town is complete. Large-scale treatment facilities takes place in Tuzla.
Tuzla’s coastal side is fully developed. Many restaurants are located in the
coastline of Tuzla. Especially, the visits of the enthusiasts in the summer
times lead to a social vitality in the area. On the contrary to southern
part, coastline of Tuzla, Northern side of it where our properties located
will be the areas are expected to reach same level of growth and
development in near future. This is another reason to invest in the area
now.

32. Land – Farming & Agricultural & Limited
Residential 16,700m2 @ Istanbul – Silivri- Fenerköy

About Silivri…
• Istanbul’s second largest town in terms of its land size with current
population around 170,000
• Owns one of the Istanbul’s longest shoreline, ~49km
• close to major land, sea and air transport centers,
• Very convenient for organic farming / agriculture with big size high grade
arable land and a very convenient climate and rainfall statistics,
• very close to highly industrialized zones of Çorlu, Çerkezköy, Lüleburgaz,
• It is on the way of all year round fresh, full oxygen air currents sourcing
from ~300 km long Istranca Mountains parallel to Black Sea,
• In terms of abundancy of oxygen in the air, One of the best location for
Asthma and other Respiratory System Patients together with Yalova-
-Armutlu region,
• High education rate (5-6 university campuses in the region)
• High Infrastructure standards,
• Well established & executed urban development standards,
• Chosen as a high quality living residential area by high net income
individuals seeking exclusivity,
• Well established hospitality culture, availability of resources for Tourism
industry
Why should you invest in Silivri Region?-I
• Proximity to all major motorways transport routes airports,
seaports
• Nearby connection to Northern Marmara Motorway under
construction,
• It is on Golden Motorway Ring of Marmara region (Istanbul-
Tekirda -Çanakkale- -Bursa-Yalova–Kocaeli-Istanbul)
– max. travelling time 4hrs on the ring
• Planned as one of the major growth centers in Istanbul
Urban Development Plan (1/100 000) published in 2009
targeting 2023 (100th Year anniversary of establishing
Republic of Modern Turkey)
• It was identified and planned as the highest growing region
of Istanbul, reaching a population of total 1.5m by 2023!
(550,000 is estimated to be working population by then),
• New cities, residential districts shall be built,

Why should you invest in Silivri Region?-II
• Istanbul’s 4th airport is planned to be built in the region
somewhere near to one of Silivri’s provinces, !
~20km
• Planned seaport, lightweight railway system for public
transport and 2x logistics centers, 1x racecourse are some
important features of Istanbul Urban Development Plan
• There are many demand supporting factors in the region
such as increasing population, high level of education,
branded developments, quality residences, high nett
income settlers, readiness of infrastructure, growth
supported by local & federal government, suitable land etc.
• ~8km to the planned 4th Airport Site around -Silivri district, ~10km
to Silivri Town Center, ~40km to 3rd Int. Airport Istanbul Grand Airport
currently under construction planned to open by 2016, ~70km to Atatürk
Int. Airport,
• Land is just ~1km close to the planned Northern Marmara Motorway of
which early stage segments’ are being constructed as 3rd ring road
on/around the Istanbul
• Although, Actual zoning of the land is Land for farming & agriculture,
Surrounding Area including the property has been shown area for
potential residential for chosen growth center
• Asking Price $479,000 ($29/m2)
• It is obvious zoning of the land will be changed to min. residential status
due to above mentioned. But critical question is when? We estimate this
period around ~4-5years. Nevertheless when change happens price of the
land will be min. ~$100/m2
• That means 345% ROI in 5 years with average annual 28% return rate.

33. Land – Farming & Agricultural & Limited
Residential – 45,000m2 @ Kocaeli – zmit – Akme e

features of the property…
• This property is a piece of natural beauty amidst lush
greenery, small hills, small lakes, farmlands conquered
by wild flowers and bees..
• It is 13-15 km far from Sakarya, Adapazari Town
Centers and almost same distance to Sapanca Lake,
and ~100km to Istanbul border, ~28-32km to both
Marmara Sea on the west and Black Sea on the
north..
• In ~4km radius there are 7 villages as the nearest one
is Korucuk ~800m away which was opened to several
summer house residential project

why should you invest in this property?
• Land Zoning is primarily for farming & agricultural use with
limited residential building allowed. It is a perfect spot for a
farmhouse either for organic farming or horse farming
• 414km long Northern Marmara Freeway goes parallel with D-100
Freeway way starting from 3rd Bosphorus bridge location and
emerges with D-100 somehere in Kizilcikorman Village, ~10km
Before Hendek Town. While gettting that direction freeway
passes around ~1km distance from our property in the south
• Additionally, Due to its proximity to Korucuk, and having 5 storey
apartments in ~500m to the property, in mid-future (3-5 years
time) it is very likely this land might have residential zoning and
permit and its value doubled minimum (tripled expected). In
worst case scenario, That means ROI in 5 years 200% and
average annual return will be min. ~15% and in best case
scenario, it might go up to 25% for 5 years duration!
• Asking price for the property is $2,250,000 ($50/m2)

34. Land – Farming & Agricultural –
93,024m2 @Tekirda -Çorlu-Ahimehmet

features of the property
• Located almost in the gravity center of three major industrial
towns Çorlu (~23km) and Lüleburgaz(~30km) and
Çerkezköy(~30km) Surrounded by D-100 highway (~1.5km) , E-80
Freeway (~7km), Çerkezköy-Çorlu highway (~1km) and High
Speed Railway line (~2km)
• Property consists of 13 separate parcels existing on the area
bounded by above mentioned highways
• ~8km to nearest High Speew Railway Station at B .
~130km to Istanbul.
• There are many major manufacturing/production facilities
around mainly on D-100 highway. Thats why in, high potential for
residential buildings are expected in the region!
• Proximity to above mentioned major transportation axis and
near feature (~2-3 years) increased pressure for residential
housing land in the area make those parcels valuable
• Asking Price is $50/m2

About the region..
• The Izmit Bay and Dardanelles Strait crossings will create a golden ring
for the region. Connecting the top cities of the region within four (4
hours) at most. Part of the ring connecting -Çanakkale-
section via Dardanelles Strait Crossing will positively affect
land prices up on the region within next 3-5 years
• Plans for the decentralization of industrial zones in Istanbul and level
it through Northern Marmara along a segment between around
Tekirdag-Çorlu- -Gebze – Kocaeli even extending to Yalova
(after completion of Bay Crossing) will result more accelerated
change in the region. Çorlu will gain more importance and increased
level of interaction with other cities around the sea of Marmara like
Bursa, Yalova and Çanakkale.
• Being a connection gate between Trakya and in terms of
location, logistics opportunities and economic relations makes Çorlu
the most strategic and operationally important town in Trakya. The
Project Golden Ring which will be performed around the Marmara
Sea has the scale of 1/100.000 and will connect Çorlu to with
the help of proposed connection routes between and
Marmara .

103. Land - Residential Expected –
3,237,000m2 @ Yalova-Çiftlikköy

features of the property
• Property is located at Yalova’s Çiftlikköy district in two major lots for sale
namely parcel No:1599 (529,105m2) and No:1600 (2,612,241m2)
• 7km to Yalova Town Center, 7km to Ferry Terminal to other side of the
Izmit Bay namely Kocaeli & Istanbul
• 15km to the new Izmit Bay Crossing Bridge under construction
• The property is opposite to the Yalova Airport
• Parcel No:1599 is right next to D-575main road Parcel No:1600 is at
behind covering hill behind
• Other side of the D-575 Higway on the beach side along the shore is a
popular location full with summer beach front houses, Country Clubs,
resorts and Hotels
• Both parcels have full sea view almost from any location on it,
• Those parcels are currently zoned as Agricultural & Farm Land with
limited residential allowed. Nevertheless upcoming 1/100,000 scale
Zoning Plan of the region is expected to change status of the property to
favorable residential due to being at the down stream of Izmit Bay Bridge
which is quite close.
• Asking price for the property is $123/m2 namely Parcel 1599 price would
be ~$65million and Parcel 1600 would be ~$320million
Why should you invest in this property ?
• At the opposite side i.e. Kocaeli-Istanbul side of Izmit Bay
Bridge similar properties in similar features are priced
around $200-250/m2 once connected with bridge price of
the land at Yalova Side is quite naturally expected to be in
that range that makes those two parcels are valuable
• Expected new zoning arrangement toward completion of
Izmit Bay Bridge Crossing will upgrade status of this land
from farming & agricultural to Residential
• People who works in Istanbul -at Anatolian side- but doesn’t
want to be part of stressful city life will be very much
attracted to live at this side of the Bay after completion of
Bridge

Vision…
• Invest in Property ($123/m2)
– Option 1- Keep the land for 2-3 years until expected
price reaches $200-$250 /m2 and sell it with expected
60% ROI with 17.5% average annual return for 3 years
return
– Option 2- Develop Land partially for quality residential
housing and sell in the market, divide remaining in lots
ranging 750m2-3,000m2 build the infrastructure for
family housing and sell ~$400/m2 in the market

102. Land - Residential Expected
86,000m2 land @ Istanbul-Pendik-Göçbeyli

• Land is located in Göçbeyli district within Pendik Town Municiopality,
• currently zoned as agricultural land with limited residential permit.
Nevertheless in 2016 it is expected to have residential zoning status due
to high demand for residential in the area
• In very close neighbourhood of the land there are many single storey
stylish family houses with swimming pools.
• It is ~5km to F1 Racetrack ~10km to E-80 Highway, Sabiha Gökçen
Int. Airport is just ~16km away
• One of the most prestigious university of Turkey; University Main
Campus and one of the biggest Industrial Zones; Gebze Organized
Industrial Zone are important areas keep strong quality housing demand
in the area where our property located
• The development of Small & Medium Size Manufacturing Industry
Cooperation , -Turkish Electricity Distribution JSC and many other
important industrial companies in the immediate vicinity of the plot are
the positive factors driving property price up
• Asking Price for this big size plot of land is just $47/m2 which makes total
price around $4million. When land zoned as residential price will be
minimum $100/m2.

• One of ‘Two Cities for and European side’ announced by President,
Recep Tayyip will be set up in Tuzla. This new city that will be built in
the zone of Tuzla- - will be the center of attraction.
• Life, work, social life, education and health activities being designed together
in an integrated way through the new city project which will be built on the
area covering 2 million square meters including residences, apartments,
hotel, home office, retail stores, office buildings, arts and cultural facilities,
education campuses, hospitals and shopping centers. the inclusion of
environmental friendly engineering and green architecture concepts such as
reuse of rainwater by collectors and treated to be use for day to day use are
important features of this new city
• The town of Tuzla & Pendik, where 7 Universities currently operate in, the
number will rise up to 11 with the addition of 4 more Universities that are
pending approval from Higher Education Board.
Vision….
• Invest in land ($47/m2) now -as it is zoned as
agricultural and cheap!- and wait!
• Within max. 2 years time land will receive residential
status and price will be doubled. That means 100%
profit in 2 years, 40% return per year!
• After max 2 years ,
– Option 1 – Develop a Country Club Project develop quality
2 storey single family housing. sell each~$3500/m2on
~750-1000m2 land
– Option 2- Divide big lot into small size parcels starting from
500m2 upto 4,000m2 and sell min. $200/m2

101. Land – Residential – 7,629 m2
@ Kocaeli-Dar ca

About Dar
• Area is well known by having major businessmen summer villas, estates,
farmhouses
• Very close to Istanbul border (~3km) 40mins to Istanbul Centre
• This province is attracting more attention thanks to the yacht marina,
highway connections, Izmit Bay Bridge and Marmaray connected railway
lines. It is estimated that the population of will increase from 160
thousand to 300 thousand. In order to accommodate this planned growth
currently zoned agricultural lands nearby to town centers will be opened
to low-density construction.
• Rumors says that either himself or first degree relatives of United Arab
Emirates Ruler has bought a 100,000m2 land in Darica in 1984.
• Turkey’s one of the biggest marinas, with a capacity of 2500 yachts, will
be built in -Darica, Istanbul’s old summer resort area.
• Elit Group has begun the construction of a 5-star hotel on shore
with an investment of 60 million dollars.

Why should You invest in this land?
• Located right next to main road, 1.3km to the beach
• Major Resort, Summer Villas, Estates Area for Upscale residents,
• At one of the best junction of Nothern Marmara-Istanbul and Southern
region-Yalova & Bursa,
• ~1.5-2hrs distance to Uluda
• Despite of that land currently has 10% construction area (~950m2)
permit, it is expected having same permit as 40% (~3815m2) like in
adjacent lots in a year time if zoned residential
• Asking Price $1,672,880 ($220/m2)
• Invest ;
– Build your own mansion on a big piece of land
– Build luxurious residential villas ($520/m2; land + Construction cost,
$900/m2; sales price. Up to ~73% ROI , ~31% annual return rate for
average2 years return period)
– Do nothing. Keep the land. Enjoy avg. ~15-20% capital gain annually
for next 5 years!

35. Land – Farming & Agricultural –
164,375m2 @ Tekirda -Cerkezköy-K z lp nar
• Property Located right next to E-80 Highway,
~11km to Çorlu, ~9km to Çerkezköy and ~25km to
Silivri, 90km to Istanbul
• Çorlu Airport is just ~9km away
• Within 4-10km distance there are many highly
industrialized areas, manufacturing/production
facilities
• Asking price $70/m2.
Parcel No.2649 $7,822,500 (111,750m2) .
Parcel No.2644 $3,683,750 (52,625m2)

About Çerkezköy...
• General economic structure of the district is based on industry. 800
hectares in the Organized Industrial Zone was combined with the
Organized Industrial Zone in 1990. Thus, with 1250 hectares of land
it has been one of Turkey's largest organized industrial zones.
• General characteristics of the industrial facility located in the
industrial establishments in the region are primarily based on
textiles as well as rubber-plastic, metal products, metal paint,
medication and auto industry.
• Transportation to Çerkezköy is accessible by highway and railway.
TEM Highway which is highly important for Çerkezköy, strengthens
the relationship with the district of Istanbul. Railway links in
Çerkezköy is provided by Istanbul - Edirne - European railways.
Çerkezköy station is one of the most important export stations.
Water connections in the county is related to Tekirdag harbor. Also
a high-speed train project is designed to reduce the distance
between Istanbul Halkali station and Çerkezköy down to 20
minutes.

COMMERCIAL&OFFICE / SHOPS - Buildings

21 You wish this should be your office in istanbul! Locatıon, elegance, quality. In high demand. 1,698 building İstanbul Bakırköy Florya
22 for the ones who want to be in the game at rising Ataşehir district nearby to IFC 3,385 building İstanbul Ataşehir Küçükbakkalköy
36 Perfect beachfront location for midsize businesses! 720 building İstanbul Bakırköy -
24 positioned well next to hıghway good for company headquarter, suitable to convert private hospital or school 8,438 building İstanbul Sancaktepe Samandıra
26 about to complete whole commercial & office building for sale. Great location reasonable price! 4,908 building Bursa Nilüfer -
25 invest and operate as shopping center or convert it to health center or private college, university 15,105 building Kütahya Vefa
23 A property which land is now more valuable than the existing building! 2,200 land & building residential & commercial İstanbul Ataşehir Türkiş
shops
office & commercial

21. Building -Commercial & Office -
FLOROFIS – 1,698m2
@Istanbul-Bak rköy-Florya

Location! Location! Location!.....
Best of both world!

• At the European Side of Istanbul, at the heart of Bak Business District
• Next to Atatürk International Airport
7km (~10mins) to International arrivals/departures
• A premium location positioned in Florya where High Net Income Individuals choose to be
Grade A Interior, Exterior, Back Up Utility (Water, Electricity) Infrastructure

• 20km (~30 mins) to Old City of
• Easy Access to D100(E-5) Highway 1.5km (~4 mins)
• Easy Acess to Sea Terminal 5km (~10 mins)
• 10 Mins (850m) walking distance to the sea side / Private Marinas On
popular Florya Avenue where lively cafes, restaurants, shops exists
• Next to Atatürk Reserve for a midday walk amidst bird songs, flowers,
tranquil pine trees while seabreeze touches your skin
• Premium Business District! A-Class Office/Commercial Building
• Private Car Park Floor 581 sqm ( for 20-25 Vehicles Parking)
• 5 independent Office Space :
• 1 x Basement & Ground floor Dublex (2 Storey) Commercial Space 382 sqm.
• 2 x 1st Floor Office with 128.5 sqm & 143.5 sqm. each
• 2x Top Floor Dublex Offices with 218.5 sqm & 244.5sqm each
• Total 1117 sqm. leasable area
• Asking Price $10.5m ($6183.8/m2)
Your office in Istanbul !

22. Building – Commercial & Office - Zirve
Plaza3,385m2 @ Istanbul-Ata ehir-Küçükbakkalköy

• 6 km to Kadikoy, 7.5 km to The Bosphorus Bridge , 11-12 km to
FSM Bridge & Maslak Business District, 20km to Sabiha Gokcen
Int. Airport, 25km to Ataturk Int. Airport,
• Positioned right next to major connection artery between D-100
and O-4 Highways,
• surrounded by prestigious branded projects such as; Kentplus
Housing, Varyap Meridian – mixed use project including
offices, residences, Hotel and commercial units-, Agaoglu My
City, Palladium Mall, Optimum Outlet Mall, Uphill Court and also
Fenerbahce Ulker Sports Arena,
• located in the Western District, just ~2kms away from
Istanbul Int. Financial Center,
• Ground Floor + 9 upper floors+ 3 basement floors; Total 13 floors
• Built on a land size of 974m2
• 3385m2, total built area with 2149m2 net area
• Typical floor net area ~154m2
• High Ceilings (~4.1m floor to floor ) height

About Ata stanbul International Financial Centre
• International Financial Centre is a macro scale finance themed
Property Development Project directly orchestrated by Turkish Government via
Major Contractors to attract major public and private finance and banking
players providing support and direction to major Turkish commercial
institutions & organizations together with international players which provides
consultancy to International & Local Investors, Business owners. Purpose is to
create synergy by bringing physically scattered those major institutions
together. Central Bank, Regulatory Authority of Banking and other Major banks
( such as ZiraatBank, HalkBank, Vak fBank) which majority owned by public and
EmlakGYO (REIT) are some of well-known tenants of the projects
• Project is going to conclude a whopping 4.2 million sqm. Office, residential,
commercial, conference, hotel and carpark space to be occupied by above
mentioned customers.
• Developing such project is not accidental; it is strategically aligned with the
period when Turkey is rising amongst the ranks of countries attracting most
foreign investment and FDIs . Project targets to create finance & banking hub
or neighborhood to result more synergies.
• Construction of the Financial Center/District has started 2009 and it is
targeted to complete construction by late 2016.

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