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Hot investment opportunities in off-plan projects and land aquisition in Brasov

Mountain Garden: Villas Development in Brasov
Mountain Garden: Villas Development in Brasov

Romania Report concurs, this is the opportunity any holiday home seeker or Brasov/ski resort investor should be focusing on.  The quality of construction and cost per square meter on this project are superlative.  Other projects in the Brasov area of similar standards are approximately double in price. Prices will increase after the New Year -- so act fast and secure your holiday home investment at the best price you will ever find in Romania!!

chalet

Bran Land Acquisition & Chalet Development

Timber “Log Cabin Style”

Chalets Constructed

Area: 130m2

Price/m2 450 EUR

Payment Terms on contract signature 50% 50% at handover

Brasov Land for sale

Poiana Brasov – Rasnov Road – 1000m2 – 2km from Poiana Brasov

3,500 m2 –Predeal – Rasnov Road- West side

 

Brasov

Investors looking for a simplified investment mechanism that will allow them to profit from the incredible movement in the Romanian market need take a look to Brasov.

Braşov is located in the central part of the country, about 166 km from Bucharest. It is surrounded by the Southern Carpathians, and is part of the Transylvania region.

The city is a resounding example of old world Romania with an ancient center city square and little cafes throughout.

The real appeal of Brasov is the surrounding land. Unspoiled, the mountains surrounding Brasov are full of little villages and surrounding forests. In this area, you'll find bears, wolves and other threatened animals roaming freely. On top of this, the land is ripe with outdoor activity opportunities such as skiing, hiking, camping, hunting, rock climbing and parachuting. While all of this exists in other travel destinations, there is no tourist trap feel in Brasov.

Industrialization was accelerated in the Communist era, with special emphasis being placed on heavy industry, attracting many workers from other parts of the country. Heavy industry is still abundant, including a large factory which manufactures MAN AG trucks under licence, as well as native-designed trucks and coaches. Although the industrial base has been in decline in recent years, Braşov is still a site for manufacturing agricultural tractors and machinery, hydraulic transmissions, auto parts, ball-bearings, helicopters (at the nearby IAR site in Ghimbav), building materials, tools, furniture, textiles, shoes and cosmetics. There are also chocolate factories and a large brewery. In particular, the pharmaceutical industry has undergone further development lately, with GlaxoSmithKline establishing a production site in Braşov.

A large longwave broadcasting facility is located near Braşov, at Bod.



Real Estate Investment Opportunities in Brasov- Overview

The real estate market in Brasov has a very dynamic retail segment, which has attracted significant investments in large developments and in modern commercial centers.

Residential Space Market

Brasov's residential market has seen steady development in the past few years, with new projects under development or being planned for the city's outskirts.The locations of choice for residential developments are the SouthEast area (Dârste) - exit to Bucharest, and the NorthWest area (Ghimbav, Stupini, Halchiu).Bronzului - Tractorul (North of Brasov) is another area with significant residential potential, due to easy access to the center of the city.

Land investments

In Brasov, the real estate market posted an exceedingly dynamic evolution on the land segment, especially retail and residential land.In 2005, investors rushed to buy land in the retail area including the exit to Bucharest, Stupini and Ghimbav (exit to Sibiu). In fact, the Western and Northern areas are the main expansion directions for Brasov, considering the city's geographical position.

Office space market

Rents revolved around 10-15 Euro/sqm/month in 2005, almost unchanged from 2004. However, we estimate a surge in rents in 2006, as office building developments will lead to higher quality standards for the Brasov market. For instance, two new office buildings are scheduled to be completed in 2006, both located in the Centrul Civic area.



Brasov County Virtual Tour

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