Tibbi · مشروع شفاء — Silivri, Istanbul
Own a producing greenhouse allocation inside a large agricultural project.
Tibbi is a 49,000 m² medicinal-plant greenhouse project with its own CO₂ extraction facility, on 61,372 m² of land in Silivri, Istanbul. You take an allocation inside it, you own the assets in your area, and Efarms operates the whole project for you — asset-backed, halal in structure, and managed by the team that built it.
The offer
One price per square metre. You choose the size.
Pricing is per square metre of the project, because the infrastructure that makes the project work — the heating plant, the extraction facility, the control systems — serves every square metre. That is the only basis that treats a small allocation and a large one fairly.
VAT treatment and applicable government incentives are clarified during consultation.
In accordance with Turkish regulations, investments and distributions are made in Turkish lira (TRY); conversion to USD or other currencies at the prevailing market rate can be arranged on request.
One class of partnership
Every partner has the same rights. Only the size changes.
There are no tiers here, and no privilege attached to a larger cheque. Whether you take the 500 m² minimum or a substantial part of the facility, you hold the same class of partnership, with the same vote and the same information. What your allocation decides is your share of the result — nothing else.
The same vote
Every partner votes on partner matters. Voting rights do not scale with the size of an allocation, and no allocation buys a board seat or an advisory place that another partner does not have.
Distributions pro rata
Net profit is distributed 70% to partners and 30% to Efarms as operator. Your part of the 70% is exactly the proportion of the production area you hold — no more, no less.
The same information
The My Farm dashboard, the quarterly reports on the project and on your own area, and site visits in Silivri by appointment are open to every partner on identical terms.
The same safeguard
The independence safeguard belongs to every partner: if you can demonstrate better management or a better income opportunity for your area, you may take over its operation through a board decision.
From 500 m², in steps of 50 m², up to the full 49,000 m².
Projected annual distribution
converted at ₺43.50 / $
Feasibility-based projection, not a guarantee. Results may be higher or lower than either scenario.
The price is $112.62 per m² at every size — it does not fall for a larger allocation and it does not rise for a smaller one. Allocations start at 500 m² and grow in 50 m² steps, up to the full 49,000 m² production area.
What you own
Above-ground assets in your area — and no surprises.
Everything above ground in your allocation
The greenhouse structure, the hydroponic and fertigation systems, the climate equipment and the tools serving your allocated area belong to you.
The land is leased
The land is held under lease, not freehold, and your allocation does not include a share of it. We say so here because you will read it in the contract anyway.
Insurance and operations are project-wide
Insurance, maintenance, agronomy, security and biosecurity are organised comprehensively for the whole project rather than allocation by allocation.
You participate in the project result
Distributions are calculated on the result of the project — greenhouse, extraction, hydrosols and by-products — not on a single crop bay.
How it works
Five steps from the first call to the first distribution.
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Consult
A conversation in Arabic or English with the investor desk: the project, the contract, the numbers, and the questions you actually have. No obligation.
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Reserve & contract
You reserve the allocation you want and sign the contract, which sets out the area, the assets, the management terms and the distribution rule.
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Commissioning & planting
Your allocation is commissioned with the rest of its phase and planted according to the crop program.
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Cultivation & harvests
Efarms grows, harvests and processes continuously — the feasibility study models 9.13 harvest cycles per year across the project.
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Distributions
Net profit is distributed 70% to investors, pro rata to each investment, and 30% to Efarms as operator, under a 10-year renewable management contract.
Partnership, not products
You are not buying equipment.
This matters, so it is worth stating plainly: you are not purchasing a greenhouse kit, and Efarms is not a supplier selling you hardware. You become a partner in a large agricultural project with one operating team, one crop program, one commercial desk and one set of accounts. Your allocation defines the size of your participation — it is not a separate business you would have to run.
Governance guarantee
The independence clause.
If an investor can demonstrate a better management or income opportunity for the area he owns, he may take over its operation through a board decision. Investors are never locked into weak management — and that clause is the strongest incentive we have to manage the project well.
The numbers
What the feasibility study projects.
Every figure below comes from the project feasibility study, which uses conservative assumptions. They are project-level projections — not a promise, and not a personal return.
The payback figures above are project-level results from the feasibility study, calculated before the 70/30 split between investors and the operator. They are not an investor payback period. A projection for your own allocation, at the size you are considering, is prepared with you during the consultation.
Three prices, three outcomes
We plan against the lowest price in the room.
The whole model turns on one number: the price per kilogram of fresh mint. The feasibility study was built on ₺45 — well below what the market pays today — and that is the case we plan against. The other two columns show what the same project does at a higher price. Read the first column as the plan and the rest as upside.
| Price per kg | Feasibility base ₺45 Feasibility base — the case we plan against | ₺80 Planning price | ₺140 Current market reference (August 2026) — not a promise |
|---|---|---|---|
| Annual project revenue | ₺156.1M | ₺277.6M | ₺485.7M |
| Net to investors (70%, after tax) | ₺52.5M | ₺116.3M | ₺225.6M |
| Per m² per year | ₺1,072 ≈ $24.6 | ₺2,373 ≈ $54.6 | ₺4,603 ≈ $105.8 |
| Investor payback | ≈ 4.6 yrs | ≈ 2.1 yrs | ≈ 1.1 yr |
Method and assumptions: net output of 3,469,400 kg per year after processing loss, from the feasibility study; the cost structure of the feasibility study; a 30% operator share and 25% corporate tax deducted before the figures shown; an investor cost of ₺4,898.34 per m², which is $112.62 at ₺43.50 to the dollar; a constant exchange rate. The ₺140 column is a current market reference for August 2026 provided by the client — a spot price, not a forecast, and not a promise. All three columns are projections, not guarantees: agricultural prices, yields and exchange rates move, and results may be higher or lower than any column shown.
Where the ₺140 column comes from: it reflects inbound B2B offers received from pharmaceutical buyers in August 2026 — a reference point from our own order book, not a published quotation, and never presented as a market price we can guarantee. As an independent public benchmark for the same period, dried mint wholesales at roughly ₺170 per kilogram in 25 kg bulk (marasgurme.com, 2026; tarimziraat.com price tracker). Fresh and dried prices are not directly comparable, so the benchmark is given as context rather than as a substitute.
A projection for your own allocation — your size, your assumptions, your currency of distribution — is prepared with you during the consultation.
Project status
Built and equipped. Production starts as final commissioning completes.
Construction and equipment installation are complete for the current phase. Electrical works and the first seedling planting remain before production begins. We do not describe the project as producing until the first planting is in the ground — and you are welcome to verify the state of the site on a visit.
20% complete
Phase-1 completion
Questions
Six answers before you call.
- What is the minimum amount?
- The smallest allocation currently offered is 500 m², about $56,310 at $112.62 per m². Allocations grow in 50 m² steps from there, up to full partnership in the project — and the price per square metre is the same at every size.
- What exactly do I own?
- All above-ground assets inside your allocated area, including the equipment serving it. The land is leased, so no land share is included — that is in the contract, and it is on this page.
- Is it Sharia-compliant?
- The structure has been reviewed for compliance, and a Salam-based structure is available for investors who require it. The mechanics are set out under investment structuring and are reviewed with you before signing.
- Can I visit the project?
- Yes — site visits in Silivri are arranged by appointment. Seeing the site is the fastest way to check everything on this page.
- How are profits paid?
- Net profit is distributed 70% to investors, pro rata to each investment, and 30% to Efarms as operator under a 10-year renewable management contract. Timing and reporting are fixed in the contract. In accordance with Turkish regulations, investments and distributions are made in Turkish lira (TRY); conversion to USD or other currencies at the prevailing market rate can be arranged on request.
- What if I am not satisfied with the management?
- The independence clause lets an owner take over the operation of his own area through a board decision, if he can demonstrate better management or a better income opportunity.