The Land is 20 kilometers away from Karaburun/ Blacksea, 8 kilometers away from Istanbul Canal, 17 kilometers away from Istanbul’s third International Airport, and 2 kilometers away from governmental residence area. Many Construction Companies and Turkish tourism Companies has been building up luxury hotel and villa projects in this location. At present, permission for construction is not available. 1/1000 scale impending is preserved under District Municipality Accordance together with the comprehension of district municipality planners. This land is supposed to be housing land. According to the district municipality planners, this land will be used for residential purpose. Outstanding capital intensification is observed in only two years, minimum 60%.