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How much does a Olive Grove cost in Narhisar Village?

 

The Olive oil quality produced in and around Narhisar Village is one of the best in Turkey!

Narhisar Village is at an altitude of 650 meters! It's, in fact, the highest located village in the region! The Olive groves are located all around the village on the slopes going down! The price is determined by: 1) Does this Olive Grove have direct road access? Many of the Olive groves around is impossible to reach by car, the villagers are still daily using donkeys to manage their properties! 2) The conditions and the maturity of the Olive Trees, are often related to water access! Harvest takes place from October to January! 

 

The biggest real estate search engine of Olive Groves in the area

 

https://www.sahibinden.com/en/land-for-sale-land/mugla-milas

 

Under district Narhisar Village can be found! Presently 4 to 5 Olive Groves are to be found under classifieds in/around Narhisar Village the prices are dominated in Turkish Lira, at the moment the minimum prices per m2 are 24 Turkish Lira!

Comments: 5
  • #5

    Christian (Sunday, 18 September 2022 10:15)

    Dear Mutlu, at the moment interest, is very big for properties in and around my village, if you have checked my home page you will see what we are about! Our Moongate is located 8 minutes slow drive from this my favorite property, we work hard on property and land improvements, and have just started on the guest house!

    This property! Check this link: https://youtu.be/1apEbVauv4Y

    The property area is 6000m2, an old stone house on a smaller part, with fig trees! Rest of the land with a 10 % gradient with nuts trees and a big chestnut! Direct road access, but the road is in very poor condition!

    This shows the property and the area around it! For me to own that property make sense since I have my base very close. I can easily work on the property to improve it! Create value, but I would not invest at the price now listed, 1,400,000 TL US 75,000:- This price is far too much! The land is outside the village area, so NO communal water or electricity, to change the IMAR. For the building permissions rights, you will need a lot of political and economical strengths!

    If you like, please contact me directly at: christianfacile@gmail.com

  • #4

    Mutlu (Sunday, 18 September 2022 02:13)

    Dear Christian - I am potentially interested in this property but the sahibinden.com site does not let me access from outside of Turkiye (I am trying from the US). Can you send more details? Thank you

  • #3

    Christian (Saturday, 17 September 2022 10:53)

    Since last year, the prices in TL for Olivegroves have increased from about 25 TL M2 to about 100 TL M2 in our region! With an average exchange rate in 2021 of 10,5 TL/Euro prices would have been 2,3 Euro M2, today with an exchange rate of 18,5 the value in Euro is 5.4 Euro M2!

    Lots of speculation is going on! This is one of my favorite plots in our region!
    Link: https://www.sahibinden.com/listing/emlak-arsa-satilik-milas-dogayla-icice-6000m2-tas-ev-ve-zeytinlik-satilik-1050093335/detail

    The location and view are very nice, but the roads are very bad, 4 wheel drive is needed! No electricity or water, the soil is very thin on the parcel! Yes, the old stone house could be renovated to the same size about 24 m2! The present owner now selling, purchased this parcel at a price of 400,000 TL / 26,000 Euro in at an auction in April 2022! Now 5 month's later the asking price is 1,400.000 TL / 75,000 Euro! People like this destroy the area!

    The only reasonable use of the land is as it's used today! Yes, renovate the old stone house at a cost of a minimum of 30. 000 Euro, to get a small mountain lodge in a beautiful setting! Give the old garden a makeover, fig trees! the correct price on this land today should be around 650.000 TL, water, and daily care!

  • #2

    Christian (Wednesday, 02 March 2022 14:45)

    Hello Gustav

    Thank you for your comment! I know this property well, water is very scarce and it's very hard to reach even by walk, but still, it's in a very beautiful location so we may consider this one, as the site for a glamping tent, we could service from our Moongatefarm! That could be a great way to add value to any property, in addition to that we would harvest the olives!

  • #1

    Gustav (Tuesday, 01 March 2022 19:22)

    The Olive Groves looks to be very cheap, one is 3700 m2 and costs only 88,000 TL, That would be less than 6000 Euro?