| Status |
Active Listing |
| Type |
Houses & Villas |
| Location |
Bucuresti |
| Country |
Romania |
| Sq.Ft |
N/A |
| Beds |
255 |
| Price
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€710,000 |
| Property experts project an Annual rate of return of : |
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N/A |
| the return on your investment in one year: |
N/A
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on "Luxury Villa" |
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DESCRIPTION:
400sqm build surface villa, with 5 bedrooms, 2 bathrooms, kitchen, wine cellar, 50sqm garage, 2 terraces, swimming pool and docs with a garage for the boat. The villa is surrounded by 2.900sqm of land with 18 m open to the main street and 26 m open to the lake.
Snagov is one of the most important leisure locations in Bucharest area, with a huge tourism potential. Amongst the leisure activities we can count: boat tours, motorboat, beach and swimming pool; sports: tennis, scuba-diving, fishing, hunting, kayak.
INVESTMENT POINTS:
In the last 2 years, the price of apartments grew by 250% in Bucharest. The average growth rate is now 50 % /year.
Bucharest\'s population is expected to double, reaching 5 million people by 2010, which will lead to an even bigger gap between demand and supply (even currently demand outstrips supply).
* 30% rise of prices in the next year
* Retrieve of VAT, 19% of the value
* A rent of 2000-5000 euros/month will not be unusual
* Remarkable location
* 10 min distance from Henri Coanda international airport
* Public transport
* 50% gross profit is achievable on resale
Villa in Snagov (North of Bucharest), 2900sqm land with a lake view, 26 m open to the lake, docs with garage for boat. Great investment opportunity due to the area's continuous development. |
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