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

property 32 villas project in Timisoara - real estate - Romania

32 villas project in Timisoara
Investment
For Sale
Timisoara
Romania

27/10/2008
Free Ad

On behalf of a distinguished customer we are pleased to offer an excellent opportunity to invest in a real estate project developed at European quality standards guaranteed by the building of apartments at an optimum quality/price ratio. Mediterraneo Village, a residential area to be developed near Timisoara, at just 10 minutes by car from the city center is developed over 3,3 hectares of land and a 5,000 sqm interface of green area perfectly maintained that shall separate it from the main street. This project is based on the turnkey concept in its most advanced form, providing to the beneficiaries everything what a modern dwelling involves: utilities like gas, electricity, water, cable TV, phone, internet; environmental features, thermal and sound proofing, protection systems, all at European standards; overall facilities like private parking, generous green areas, premises for public utilities, areas for additional facilities. The 56 solutions are developed over three levels, according to architectural designs conceived to meet most diversified demands, with two distinct display types, both making use of large surface areas. Duplex villa type A1 is formed by two independent apartments. Useful surface is about 207 sqm. The A4 type simplex villas have each an useful area about 283 sqm. Each type has a dedicated area about 300 sqm. The average construction cost for upper standard residentials is around 700 to 800 Euro/sqm, while the selling price is around 1500 Euro/sqm. There is an accute shortage of good accomodation in Timisoara and despite the present global credit and financial crisis the demand for it was not affected. Total estimated investment is about 12 Million Euro including the land and construction. The developer already started the building of some units as well as the marketing of the project and will welcome any serious potential partner in sharing the costs and profits of this project. For further detailed information please contact us on email holstef2003[AT] [DOT]co[DOT]uk or by phone 0040722367857.



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