Romanian Great Investment

[AlexandruMArin]

Unique investment opportunity in Romania . Land of 16800 Msq in bucharest with all completed papers and aprobations for 20 floors. It has a multiple destination so bascially it can be used for anything hotel , malls , offices or housing. The land is situated on iuliu maniu 141 the 6th sector in bucharest one of the most urban areas in bucharest and one of the most traveled. The land has a great oppening it is open to three streets , two of these streets are major bulevards in bucharest (Iuliu Maniu & Valea Cascadelor). The land is close to subway station , bus station , 3 malls another two major market areas and parks . So basically its one of the few property with such great potential and the best in its area . Due to the romanian birocracy and not having all the aprobations ready the property hasn't been sold in 2008 . In these economic conditions it is really hard to find a serious investor wich has enough cash to buy the land and then further on develop a project on it . Before the crisis the prive was somewhere around 2200 euros / Msq with this crisis prices have fallen 30% in Romania . The price asked for this property is around 1550 Euros / Msq So its value is aproximately 26 million Euros . If any of you are interested in the property or have connections to people which want to invest in east europe . Please contact for further details. marinholdings@gmail.com

Good Luck