| Ref No. IL10029 > Land in Crevedia, Bucharest, Romania. |
Price: £
E 12,500
|
| Property Type: | Land |
| Category: | |
| Location: | LAND |
| Region: | Crevedia, Romania |
| Status: | AVAILABLE |
| Bedrooms: | |
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A superb opportunity to purchase land in Crevedia, Bucharest, Romania. Price example: E 12,500 for 500 squared metres. Great returns have been made over the last few years and there is a large amount of expected growth over the coming 5 years. The opportunity may be used as Land banking, to possibly sell on to another investor or the local people, or for development potential. Real estate investments have increased by as much as 30% a year for the last 2 years. Source: Buying property in Romania by Alex Pintea. - Its average salary is forecast to increase by 461% by the year 2014. source: Government of Romania
Land in Crevedia, Bucharest, Romania
The opportunity
- Prices from E 25 /square metre
- 22Km North West of Bucharest
- 10Km from the International Airport
- 12Km from the primary ringroad
- Near primary roads to Polesti and Brasov (link road to the planned Transylvanian Highway, Europe's biggest infrastucture project)
- Crevedia is already attracting significant investment, with a number of villa apartments being constructed there- Paradise Verde & Austrian Village
- Established as a commutable location for professionals working in the heart of the city
- Key utilies nearby - electricity-water-telephone-gas
- Established community that is serviced by shops, restaurants and other facilities
The return
- Amongst all of the emerging markets in Europe, Romania has one of the best economic outlooks
- Its GDP has outproformed the EU since 2002, its inflation, unemployment rate and interest rates are dropping source: Government of Romania
- Its average salary is forecast to increase by 461% by the year 2014 source: Government of Romania
- Real estate investments have increased by as much as 30% a year for the last 2 years Source: Buying property in Romania by Alex Pintea
- We forecast a 27.5% average return for the next ten years' Source: Market and forecast Report, Property Secrets 2005
The Risks
- Investments can go down as well as up and no guarantee can be made as to expected returns
- Leveraged borrowing increases risk
- You should never invest more than you can afford to lose
- Local knowledge of the market is required to source low capital investments with the potential for high ROI
- Knowledge of the Romanian legal and fiscal systems is necessary to ensure the correct due diligence is performed on the opportunity
- The correct documentation must be produced to demonstrate: Title and Land regulation
- Sourcing credible agents, lawyers nad accountants is crucial
- Understanding the buying process is also crucial
The Exit
- This is a land banking opportunity
- At any point after the land transfer takes place, the investor can sell on to another land banking investor, locally or internationally
- Alternatively, the investor can wait until a developer looks to build in the area and then sell the land on to a developer
- We have access to a local distribution platform in Bucharest
- This will enable us to sell your plots on to a local family when the land value has reached a trigger figure
- We have developers that will be able to build on your land for the local clients
- This creates a 'one stop shop' investment opportunity for you
Property Details
Area Description
Crevedia, Romania
Click here to bookmark Ref No. IL10029 - Land in Crevedia, Bucharest, Romania.
Disclaimer: Property Winners Ltd does not accept any responsibility for any errors or inaccuracies in the above property or financing information, details of which have been supplied by a third party. You should ensure that either you or your legal representative has suitably checked all relevant information before committing to purchase a property.
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