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Property development central Bucharest

Ref: 70004

70004 - Property development central Bucharest

Location: Bucharest
Condition: Excellent
Property Type: Development
Square metres (Internal): 6100
Sale status: New
Price: 2200000 EURO

Location
This plot of land is lcoated in a central area of Bucharest close to key landmarks and shopping facilities

Description
The land is for sale by the landowners for whom we act directly. This is particularly appealing to an investor as all project plans, architects drawings and planning permission are in place and construction can start almost immediately. The investor can contract with the existing architect who has developed the plans and has project management and construction contractors in place. The complete project is for sale at €2.2m and a further €2m is required to start construciton. The balance of funding can be met by bank loan drawdown already agreed in principle and off plan sales. Contact us for details of the project plan but evidence of at least €3m equity funds will be required before release of documentation.

 

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