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- Bucharest (Bucharest)
Investment opportunity in the North of the Bucharest
Now it is to buy 70 hectars ( 700000 square meter ) in the area from the picture below , but it can be bought till 150 hectars ( 1500000 square meters ) or more.
For the moment the prices are very low ,starting with 100 euros/square meter for the better positioning areas and could reach till 65 euros/square meter for the areas that are behind .
The area it is VTR 5 and VTR 15 and could be built high level of P+5 til P+8 .
For the moment the prices are very low , and very good to invest .
In the area is already an residential complex named Felicity formed by 5-6 flats with P+8 .
An example with the indicators that allready area :
At an area of 600000 sqm it is this values :
The price of this land of 60000 sq it is 100 euros /sq + VAT
60000 sqm x 100 euro = mil euro + VAT = 6000000 total =6 mil euro.
60000 sqm x 3 cut = 180000 sqm built
180000 sqm x 400 euro /sqm built = 72 mil euro
Price of sell after built = 1200 euro / sq= 216 mil euro
Other costs 10 % 1170000
Total cost = 65390000 mil euro.
Profit : 216 mil – 72 mil =144 600 000 euro net.
The sqm built it includes the price at the land bought .
Area Pădurea Băneasa
Prices are very low , being avery good time to invest
Contact number +40763565486
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