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Hot investment opportunities in off-plan projects
Profit Plots II™
Bucharest
PROFIT PLOTS 1:
Investment track record 2007:
We endorsed a proposal made in conjunction with Romdeals Group for
investors to purchase small tracks of residential land on the northern
outskirts of Bucharest and co-guaranteed a 100% return within 2 years
on the investment. Property prices have already tripled in barely one year
and are expected to increase another 30-40% in
the coming year.
What are Profit Plots™?
Profitable Plots Meet the Following Criteria:
1) They are zoned residentially.
2) They have all utilities.
3) They have road access.
4) They are in an area considered in-demand.
5) They are hot opportunities, that are limited-time only
6) A sound exit plan is devisable.
7) The overall land size is large enough to ensure a reduced purchase price but not too large to be hard to move in the future.
An investment in Profit Plots II starts at 56,000 € and average 70,000 € for a lot 550 sm2 in size
in the northern Bucharest suburbs.
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Bucharest
Bucharest is the capital city and industrial and commercial centre of Romnia. It is located in the southeast of the country, at 44°25′N 26°06′E, and lies on the banks of the Dâmboviţa River.
Bucharest is the most economically-developed and industrialised city in Romania, producing around 21% of the country's GDP and about one-quarter of its industrial production, while only accounting for 9% of the country's population. Almost one third of national taxes is paid by Bucharest's citizens and companies. Based on local purchasing power, Bucharest has a per-capita GDP of nearly 60% that of the European Union average, and more than twice the Romanian average. Based on the fact that Bucharest produces around 21% of Romanian GDP for a population of around 2 million, the GDP (PPP) per capita of the city would be US€20,057. The city's strong economic growth has revitalised infrastructure and led to the development of many shopping malls and modern residential towers and high-rise office buildings. In September 2005, Bucharest had an unemployment rate of 2.6%, significantly lower than the national unemployment rate of 5.7%.
Bucharest's economy is mainly centred on industry and services, with services particularly growing in importance in the last ten years. The city serves as the headquarters of 186,000 firms, including nearly all large Romanian companies. An important source for growth since 2000 has been the city's property and construction boom, which has resulted in a significant growth in the construction sector. Bucharest is also Romania's largest centre for information technology and communications .
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Real Estate Investment Opportunities in Bucharest- Overview
Bucharest market is divided into four distinct residential areas, each of them characterized by certain types of properties.
The New Northern Area
The area of the Herastrau School is considered among the top residential areas and is particularly interesting for both purchasers and tenants. The main types of buildings were luxury apartments and villas .
Other Northern areas:Otopeni, Corbeanca, Strauleşti.
The Northern traditional area
The well-known residential areas as Primaverii, Aviatorilor, Kiseleff, Dorobanti, Floreasca provide significant advantages in terms of security, as various residences of the diplomatic and presidential bodies are located within this area.
(Ultra) central area
In the central area there are all kind of residential properties: old and new villas, patrimony buildings, apartment buildings built before 1970, as well as new areas which developed in the communist period.
In the old areas, people generally search villas for sale or for rent, for purposes relating to the establishing of business headquarters, restaurants or clubs.
Residential districts (East, West and South)
Due to the significant increase in the population living in the capital city between 1960 and1988, various apartment buildings were built at that time. They are characterized by standard constructions, surfaces and finishings and by a low degree of comfort.
The security of Land Investments around the Capital City
With selected investment in Land Development Projects, the opportunities exist for Investment returns upwards of 25% per year.
In instances where Land is acquired with full planning consents as part of a project in construction,our selected developers assure a minimum annual return of 25%.
In instances where potential development land is acquired prior to full planning consents, the investment margins increase proportional to the risks. We will only recommend investments in semi-speculative investments, where we are confident that full planning consents are realistic within a timeframe of 12-15 months. Investment returns for such investments can be well in excess of 100% per year.
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