Investment Property For Sale Bucharest Romania
Prices from EUR €65,710
Ref: Investment Property Bucharest
1 Bedroom(s), 1 Bathroom(s) |
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INVESTMENT PROPERTY FOR SALE BUCHAREST ROMANIA
This is a superb investment property located opposite Auchan, the biggest shopping center in East Bucharest;
+ Numerous metro, bus and tramway connections;
+ Best orientation and highest floor (10th and 11th floors) apartments reserved by Romanian Properties Ltd!
+ Project exclusively sold to the local market: 400 apartments reserved in the first 2 weeks of launch!!!
+ 25% on reservation - 75% on completion in June 2010!!!
PROPERTY SUMMARY
Area: Titan, Bucharest
Mortgage: available, 85% LTV
Expected Rental yield: 8% gross pa
Expected capital growth: 20% p.a.
Completion: June 2010
Price: From only 65,710 Eur including VAT!!!
Advised exit strategy: mid-term (3 years after completion)
Currency: New Lei
Payment plan: 25% (reservation), 75% (completion
PROPERTY HIGHLIGHTS
+ The Sunrise Residence is located on the growing East side of Bucharest close to the Auchan supermarket and the currently built shopping mall;
+ 988 apartments compose the Sunrise Residence, spread over 8 buildings and 11 floors;
+ Underground and outdoor parking spaces;
+ Completion in June 2010;
+ Easy access to the Titan and Nicolae Grigorescu metro stations;
+ The developer has extensive experience in residential (e.g. Quadra Place in Bucharest) and commercial (Ikea, Cora, etc) developments;
+ Raiffeisen Bank is the financing bank of the development.
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