Building Land for Business or Privat Investment - Land for Development, Real Estate - Bucharest, Bucuresti, Romania

Members Only:
Welcome to Kugli.com!

New to Kugli.com?
* Create Member Account!

Already a Member?
Login Below:
Forgot Password?

Popular Locations

* India
  * Chennai
  * North Delhi
  * Bangalore
  * Gautam Buddha Nagar
  * Ghaziabad
  * Greater Bombay
* United States
  * New York
  * Los Angeles
  * Miami
  * Louisville
  * Atlanta
  * Houston
* Philippines
  * Makati City
  * Pasig City
  * Cebu City
  * Quezon City
  * Taguig City
  * Mandaluyong City
* Greece
  * Kalamitisi
  * Nikiti
  * Thessaloníki
  * Kalamariá
  * Glyfáda
  * Chaniotis
* Spain
  * Alicante
  * Marbella
  * Málaga
  * Barcelona
  * Torrevieja
  * Nueva Andalucia
* Vietnam
  * Ho Chi Minh City
  * Ha Noi
  * Ho Chi Minh
  * Tay Ho District
  * Ba Dinh District
  * Hcm City

Building Land for Business or Privat Investment
Date & Time Listed: 2011-03-16 20:00:05 (GMT)

Posted in Categories: Real Estate, Land for Development
Posted From: Romania, Bucuresti, Bucharest

Ad Details:

Size:
27,500 m2 (296,017 square feet; 31,890 square yards)
A partial purchase (min. 2,000 m2) is also possible. Further information are given below.

Location:
Romania, Bucharest, sector 1, district Baneasa, north-western part of Bucharest; one of few places in Bucharest with greater opportunities for development

Possible use:
Plot is classified as building land; house building and utilities (selling and social facilities, administrative offices); so far approved for 6 floors, applied for 8 1/2 floors. On neighbouring plots buildings have already been constructed (villas and six-storey houses)

Transport connection:
Only 800 m (0.5 miles) away from the North-South line E60 (Soseaua Bucaresti Ploiesti) and the East-West connection Soseaua Odaile; in the vicinity of the airports Bucharest Otopeni International (6 km / 3.7 miles out of town), and Bucharest Baneasa (5 km / 3.1 miles into town).

Land tenure:
German owner with residence in Frankfurt/Main, clearly clarified ownership and respective entries in the land register

Marketing:
German agent in cooperation with Austrian/Rumanian agents and local lawyers/notaries in Bucharest.

Price and assessment:
Due to reasons of age of the owner a short term sale would be appre-ciated in spite of the bad state of the market. The owner is aware of the fact that current conditions do not allow an ideal purchase price.

Current Price:
• 6.88 million € (250 € / m2) for the total site
• For partial purchase of land (min.2,000m2) a 10% higher price is calculated due to the increase of ancillary costs

Investment chance:
With the economic recovery in Romania prices are expected to return to similar amounts as before the crises. This would give an investor a chance of a return of nearly 100%. Thus, the offered plot means an interesting low-risk investment for business or for private purposes.
Price: 6,880,000.00 EUR

Keywords:

Romania, Bucharest, Baneasa, Bucuresti, building land, Developed land

More Ads Posted by Member

Photos:

Contact Ad Poster by E-Mail

Report Ad

*
* Wrong Category / Location
* Spam / Overpost

Safety Tips:
* Deal Locally with persons you can meet face to face - this is the most important tip!
* Avoid Sending Funds with Western Union, Moneygram or and other similar service
* Kugli.com is not an Escrow service, we are not involved in any transaction between our members.

Posted in Categories: Real Estate, Land for Development Posted From: Romania, Bucuresti, Bucharest

Posted in Categories: Real Estate, Land for Development
Posted From: Romania, Bucuresti, Bucharest