+ Expected capital gain growth: 20% pa for the next 3 years
+ Completion between December 2008 and December 2009
+ 75% LTV mortgage available
+ Attractive Payment Schedule: 75% on completion
Letting agent: dedicated local agent Rental yield: 9% gross pa Currency: New Lei Completion: Stages between December 2008 and December 2009
LOCATION OF CITY LIGHTS
» The North part of Bucharest is currently experiencing major structural changes.
» Baneasa area has already seen new shopping centers and residential areas. The next step
in the development of North Bucharest will be in the Pipera area, which is still quite unspoilt, close to the international
schools and to the Baneasa area with an easy access to the centre of Bucharest.
DESCRIPTION OF CITY LIGHTS
» Romanian Properties Ltd focuses on
midium-sized developments (usually
less than 200 units) sold mainly to
local inhabitants. This ensures that
there is a strong local demand both to
maximise the rental yields and selling
value when exiting the investment.
» The four buildings contain 9 floors and
a basement with a total of 144
apartments, 36 in each block.
» City Lights will offer to the residents the advantages of a safe area,
being the ideal location for families with small children who can play
outdoors, protected from the traffic.
» The ground level will completely be devoted to relaxation: pedestrian
alleys, green areas and benches.
» Pipera, an area undergoing continuous developments, offers at least
seven kindergartens with minibus transport services, three general
schools, two swimming-pools and more fitness clubs than one could
count. The cinema of Baneasa Mall will be opened before the completion
of the building.
» The car access will be possible from the entrance of the compound
directly to the underground parking, and from there the residents can take
the elevator to their apartments.
» Residents will have the advantage of living in Pipera, a well-known
residential area. From their window, residents will be able to see a forest
of ancient times.
» Apartments are practically arranged, with dimensions that assure all the
necessary comfort for the every day living and in the same time can be
bought at a very competitive price.
» Attractive payment plan:
The payment schedule is correlated to
the mortgage offered by Romanian
Properties Ltd on the Romanian
market (25% deposit / 75% loan-to-value):
– 25% - pre-contract signing
– 75% - sales contract signing and
reception of the apartment
PICTURES OF CITY LIGHTS
REQUEST THE PROPERTY REPORT OF CITY LIGHTS
Property report content
5 Reasons to Buy in Romania
Why Invest in Bucharest
Overview of City Lights
Off-Plan Projects in Pipera / Baneasa
Technical Specifications
Pricing and Financials
Step by Step Buying Process
We will not sell, transfer or otherwise provide your e-mail address or any other information to any third party.
RESERVE ONLINE VIA PAYPAL
Romanian Properties Ltd now provides access to Paypal to enable its clients to reserve a property online (reservation fee: 1,000 GBP).
Please follow the link below: