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Romania

 

DN5 Development Region
10ha site with Highway frontage
In Development area around locations of New Airport & Danube Canal Port

@ €1.6 million

 

10 Hectares of Land for Sale in South Bucharest at Adunatii Copaceni

The site is located on the DN5 highway, which is designated as a European Express Road and is the primary route linking Bucharest, to Turkey, Greece & Bulgaria.

The 10 hectare site is located 24½ km due south of the centre of Bucharest approximately 12 Km past the proposed new city ring road. The journey from the centre of Bucharest to the land plot takes approximately 30 minutes on a weekday rush hour.

The total size of the site is 107,000.2 sqm and it benefits from approximately 132 metres of direct highway frontage providing optional access points and development possibilities. The terrain of the site is level.

Previously the site has been used only for agriculture and no environmental issues have been identified.

The current owner will undertake to remove the land from the Agricultural Register enabling the purchaser to apply for Zoning approval for development.

Demographics - The total population within the 20km zone is currently around 680,000 and is forecast to increase significantly as the scheduled development projects are completed.

Sale Terms

Price: €15 per sqm
Total: €1.6 million

The land is currently owned by one Romanian SRL company as its sole asset. 100% of the shares of the company will be sold. The asking price @ €1.605 million is well below 2008 values.

The documentation to be provided upon entering into a MOU is:

Files & Links

  1. International Seller provides Title insurance to Purchaser further derisking the investment
  2. Full description of the Land
  3. Cadastrul Documents

 

Invest East is an advisor to both Private & Institutional Investors

 

Contact INVEST EAST Romania - +40 722 304 773

Investment Property in Romania

 

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