| Bucharest Land - Plot Available To Buy - Ref 492817

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Land/Ruins Description

A unique and compelling investments opportunity has come about as a result of infrastructure and government tax incentive program.

- A mixed use site of 100,000 sq meters
- 25 km from South of Bucharest
- 1 Million Euro for Land
- 15% yield on completion
- Along the main Euro motor way DN5
- Connection between Port Dunare and Bucharest => rest of Europe
- Perfect for development of a Logistics Hub

The problem

The Romanian government has identified that there is a serious congestion problem as a result of the vast amount of logistics transport from Constanta (East of Bucharest). For this reason, they have provided tax incentives for companies to operate from the new port of Dunare.

The site

164 Hectare site is only 500 metres from the Euro Highway DN5. The minimum portion of 100,000 square metres is for sale with mixed use zoning. A new junction and roundabout has been constructed to provide full access. Perfect positioning with gas service stations and hotels located opposite the site.

The need

A feasibility study has been completed; indicating a dramatic shortage of storage space and an increased demand for a logistic hub to satisfy the increase in demand resulting from the changes above.

The opportunity

Property South of Bucharest is only valued at 15% of comparables in the North Primarily because of the investment and corporate business in the North. The Government plans excite us because the resulting stream of investment funds will remedy this imbalance.

The Figures

Based on the 60% usage of the area, you will receive an income of 2.8 Million Euro which equates to a 15% yield on total investment costs.

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Approximate price of this 0-Bed Unknown

€987,130 EUR |

£790,000 GBP |

US$1,238,453 USD |

(Currency and Foreign Exchange services supplied by

)

Ref	492817
Town	Bucharest
Province	Bucharest
Country	Romania

Type	Land/Ruins
Category	Re-Sale
Listed	over 1 year ago

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Price: £790,000

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