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Prestigious Properties
Tuesday, 09/02/2010
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Excellent 1 bed Apartment in Ilfov Bucharest-Ilfov

Reference nº:

21166

Property Type:

Apartment

Other Currencies

€ 104 220 (*)

Price per m²:

€ 1768,25
(*) Purchase costs - Financial Information

Beds: 1

- Bathrooms: 1
Land (m²): 0.00 - Built (m²): 57.29 - Terrace (m²): 3.30

Orientation:

North
Location :Ilfov - Ilfov - Bucharest-Ilfov - Romania

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Description

Great residential complex in Bucharest. It is one of the first middle-class developments to be built in the prestigious Northern district of Bucharest, which has been dominated by luxury new builds.

It is right on the doorstep of the Pipera Business District, which is set to employ more than 15,000 people in the next 10 years.

Area: Pipera, Bucharest
Expected capital gain growth: 20% p.a for the next 3 years
Rental yield: 9% gross p.a
Completion December 2008
+ 75% LTV mortgage available
Attractive Payment Schedule: Reservation 25 %, on completion 75 %

LOCATION
The North part of Bucharest is currently experiencing major structural changes.

Baneasa area has already seen new shopping centers and residential areas. The next step in the development of North Bucharest will be in the Pipera area, which is still quite unspoilt, close to the international schools and to the Baneasa area with an easy access to the centre of Bucharest.

The four buildings contain 9 floors and a basement with a total of 144 apartments, 36 in each block.

Development will offer to the residents the advantages of a safe area, being the ideal location for families with small children who can play outdoors, protected from the traffic.
The ground level will completely be devoted to relaxation: pedestrian alleys, green areas and benches.

Pipera, an area undergoing continuous developments, offers at least seven kindergartens with minibus transport services, three general schools, two swimming-pools and more fitness clubs than one could count. The cinema of Baneasa Mall will be opened before the completion of the building.

The car access will be possible from the entrance of the compound directly to the underground parking, and from there the residents can take the elevator to their apartments.

Residents will have the advantage of living in Pipera, a well-known residential area. From their window, residents will be able to see a forest of ancient times.

Apartments are practically arranged, with dimensions that assure all the necessary comfort for the every day living and in the same time can be bought at a very competitive price.

As property prices in Bucharest are growing at an exceptional rate, this development is sure to enjoy substantial capital growth.

Parking space is included in property price.
VAT is included in property price.
Notary fee - 2,1 %


Additional Features
Unfurnished - Heater (Central) - Parking: Garage Space - Double Glazing - Telephone - Electricity - Tiled floor - Elevator (Communal) - City Views - Near transport
Country Information: Romania
Romania has the majestic castles, medieval towns, great hiking and wildlife, and cheap skiing of much of the 'undiscovered' former Eastern Bloc. You'll be floored at how different it is, but you'll al...
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(*)approximate price per square meter, based on the division of the build area plus the 50% of the terrace area

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