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All  >   Romania  >   Timisoara   >   Ad:  For Sale in Timisoara

Retail investment proposal
Investment
For Sale
Timisoara
Romania
EUR 12500000

22/07/2008
Free Ad

Location:The land is located at the crossing of Timisoara’s Ring Road and the main northern highway of the city – Aradului Road. Surface:74.685 sq.m. Land coverage: 55% Price: 168 Euros / sq.m, in total 12.500.000 Euros Remarks: - It s located at approximately 4 km outside the city, right on the highway which connects Timisoara to the north-western belt of Transilvania (Arad, Oradea, Satu-Mare). - Direct access from Aradului road and from Timisoara’s Ring Road. - The footprint of the building it is at least 41.076 sq.m. Advantages: - This location is extremely beneficial to the proposed retail park, as the ring road is expected to draw a high volume of traffic from both the eat and the west sides of the city and thus will allow shoppers to reach this destination within 5-10 minutes, rather then copping with the inner traffic. - The site is planned to act as an Retail Park, offering big boxes retail at competitive prices and thus expected to draw many consumers out of the city. - The offices premises will serve the growing needs of this zone, these needs are a result of the several new developments in the area. - Timisoara retail market is one of the most developed retail markets in Romania after Bucharest, with circa 15 large units, including cash and carry, Hypermarkets, DYI and 3 new development of shopping malls.









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