Ref: HS1187994

AVANTGARDEN

From EUR €65,739  (approx. GBP £55,434)

  • Apartment (In Development)
  • 1 Bedrooms
  • 1 Bathrooms
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About the Apartment

  • Property: Apartment (In Development)
  • Bedrooms: 1
  • Bathrooms: 1
  • Receptions: N/A

320 modern flats in Brasov, Transilvania's main tourist city. Location and facilities make for easy sale locally, providing an ideal exit strategy for investors. Proximity to the main ski resorts and Dracula castle provide all year round rent potential.

Features

Why invest in Brasov?

• High unsatisfied demand for residential properties;
• Strategic position in the middle of Romania (business and tourist hub);
• Proximity to important tourist attractions: Romania’s main ski resorts, Dracula Castle and other attractions in Transilvania (adds demand for rental);
• International airport due for completion early 2010;
• Major investments in the infrastructure (Romania will receive €30billion EU funding between 2007-2012);
• 100 miles to Bucharest (capital city);
• Unique city with extraordinary architectural features and natural surroundings.


Why invest in Avantgarden II?

• PROMOTION IN PROGRESS (CALL US ASAP!)
• Excellent payment plan (as little as 15% initial capital requirements);
• Exit plan (re-sell opportunities through our Romanian company before or after completion);
• Brilliantly located: within 15min walk to the city centre, 15 min drive to Poiana Brasov (Romania’s most famous ski resort);
• Excellent transport links: main bus links and easy car access to both airport and motorway network;
• Proximity to major employment opportunities;
• Important retail centres within 1mile radius;
• Recreational areas onsite or in the near proximity.

Avantgarden is being developed by a partnership of Romanian companies, including a prestigious bank, all of them with a good track records and extensive local market experience. The developer is selling the project directly to clients with no middleman involved. This is an incredible investment, with a finance plan designed for high capital gain.

Payment plan:

• 15%-Initial payment - as soon as you sign
• 15%- Structural work is completed, approximately 12 months later
• 70%- Completion (mortgage), approximately 18 months later


Q1) Can we offer a rental or furnishing service?
A: We will once a development is completed.

Q2) What is the rental yield for Avantgarden, Brasov?
A: Assuming that you had your property completed at this moment in time,now you could achieve a rental of 500 euros per month equivalent of a yearly yield of al least 6.5%, which would have covered the cost of your mortgage. Probably at completion 18 months later, rent will be more than 500 euros as the area develops; accordingly you can achie current rental yield.

Q3) Guaranteed rental income?
A: Guaranteed rental normally applies to holiday resorts where income from travel companies can be taken into account. This is not the case in an urban situation in Romania.

Q4) where can you meet us?
A: You can either meet our knowledgeable team based in our London office or meet our colleagues in Romania. We also organise subsidised inspections trips to Romania for our clients. Contact us for more details.

Key selling points / Investment justifications

Discounts available
15% initial payment
Excellent location
Offices: London, Bucharest, Brasov
Exit plan (potential to re-sell through our Romanian offices)

Plot Size: N/A

Main Facilities

Suitable For ChildrenSuitable For ElderlyDisabled AccessPets Allowed

• Alleys with green spaces, relaxation spaces, rich vegetation;
• Shops within the development
• Playground for children with sand pit, cradles, slides, swings;
• Video-intercom at the entry of each building
• Elevators with smart interiors, silent and fast
• Hallways and stairs in granite
• Parking
• The constructions: Mixed masonry and reinforced concrete. The ceilings between floors and the main stair platforms are made of of reinforced concrete. The platforms are phonically and thermally insulted with steropor layer. The external walls will be made of gas –formed concrete blocks or thermo blocks of 30 cm , coated with polystyrene.
• External stairs and floors:The entrance will be endowed with ramps to facilitate the access for people with physical disabilities. The stairs illuminating will be carried out by move sensors. The commune hallways and staircases are coated in grits, granite and handrails

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Location

City

Avantgarden II is a development of 300 modern flats in Romania’s touristic city,Brasov.Developmental stages provide an ideal opportunity for capital gain and rental income.The local demand makes the sale easy locally,providing an exit strategy for investors

Travel

Transport Requirements: Car

Activities

Skiing / SnowboardingFishing

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From EUR €65,739 = GBP £55,434*

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Pricing Notes

-studio, 38,27m2 starting from EUR 65739
-1 bedroom 49,36m2 - 61,89m2 EUR 85037 - EUR 113296
-2 bedroom 68,79m2 - 143,30m2 EUR 119611 - EUR 188000
-3 bedroom 127,90m2 - 161,90m2 EUR 160000 - EUR 202000

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