Description

750 sqm of land in the Center of Bucharest for 1,500,000 Euros

For sale, 750 square meters or 8,073 square feet of land in the heart of Bucharest, situated in the Second District, 1 km away from the University Plaza.

General Information

Utilities such as running water, gas and electricity are available on site. The city center is popular amongst foreign investors, business people, tourists and the like. It is renowned as both a business hub and a tourist attraction. In the vicinity of the land there are Parks, Museums, Medical Clinics, High Class Restaurants and Hotels.

Technical Details

The land parameters are very high, Terrain Occupancy Percentage, P.O.T. 56% and Terrain Utilization Coefficient, C.U.T. 6. There is permission to build both residential and commercial buildings and the land has a design project for a modern block of flats and the necessary construction authorization has been obtained.

The new building will have a total constructed surface of 5,800 sqm, comprising 29 generous apartments and 30 parking spaces. It is designed as 2S+P+9E, meaning two basements, ground floor and nine stories, a very attractive and profitable business opportunity. The starting price is EUR 1.5 Million or GBP 1.35 Million.

Customer Support

For any inquiries concerning this acquisition, we are happy to provide you with the most accurate information. In case this property does not match all your search criteria, just let us know what you are looking for and will find the best answer for your request. Please note that in Romania, Andrew Estates is a local provider of project management consultancy services for architectural and civil engineering activities.

Yours Truly,
The Andrew Estates Team
[email protected]
+407 2698 0638

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