Real estate opportunity, authorized land, 9 buildings Ds+P+10E, Sector 5, Bucharest

Features

• Land category:Rezidential
• Access:Acces stradal, acces mixt
• Utilities:Apa, canalizare, curent, gaz
• Surroundings:Magazine, piata, gradinita, scoala, stb, bar/pub, restaurant, parc

Overview

Unique investment opportunity: land with an area of 34,800 sqm

We offer for sale an authorized land for the development of a large residential project, 9 buildings with a height regime of Bs+G+10F, located in Sector 5, just 20 minutes from the center of Bucharest.

The area benefits from a complete infrastructure: paved streets, public lighting, STB station right in front of the property, proximity to grocery stores, gyms, pharmacies, and restaurants.

The authorized project includes a total of 1,190 mixed residential units and various complementary facilities, being perfect for a large-scale residential development.

Land details:

• Area: 34,800 sqm
• Frontage: double, 100 ml / 240 ml
• Authorized height regime: Bs+G+7F+8Er/9ER and Bs+G+10F
• Number of apartments: 1,190 units
• PUZ and construction authorization recently obtained

All utilities are already available at the property line!

Points of interest

The proposed land for sale benefits from an exceptional location, being positioned in an area that is undergoing continuous urban development in Sector 5 of the Capital, Bucharest, and directly neighbors a large Lidl store, a very well-developed commercial area, and the Pucheni fruit and vegetable market.

The area where the property is located has well-sized streets, which facilitate quick access to the center of Bucharest, as well as to the citys exits, and it should also be mentioned that the proposed property has frontage on 2 heavily trafficked streets.

Price and payment terms

Price list: €17,400,000 + VAT

The property is sold by a commercial company with Romanian capital and if it is purchased by another company, reverse taxation regarding the VAT rate related to the price is possible.

This property can be purchased through any type of bank loan or by cash payment.

If you still do not know what type of loan is more advantageous for you, our financial department Credit24h.ro is at your disposal to identify the suitable financing solution.