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Key selling points
- 15% potential net yields
- Booming EU economy
The complex will be built over four floors, with the lower ground floor comprising logistic space, floors one and two a modern shopping mall with retail units, with the top floor containing restaurants and cafes.  CentreWest will have retail units arranged over two floors. There are 58 first floor units available to our buyers, each with a floor area of 94m². The units will be supplied with all facilities needed to operate including power supply and water. There will also be ample car parking for shoppers.  Using Romanian Company Law You can make a huge saving by buying through a Romanian company. Setting this up is a relatively straightforward process, which we will assist you with. This will bring enormous benefits. You will be exempt from VAT (19% of the value of the property), representing a saving of €17,414. All prices quoted in this brochure have already taken account of this and do not include VAT.  Optimum Location, Optimum Time Well-located, top-quality commercial properties in Bucharest are in short supply, yet demand from multinationals and local companies is high – this is an ideal supply/demand ratio and will support future capital growth.  Non-Status Financing in Thriving Market 65% non-status finance in one of New Europe’s fastest growing emerging markets is virtually unheard of – it also means you only need to find 35% for the total deposit. High rentals could cover the mortgage at completion.  Cash-Positive Potential The retail units are grouped together in a rental pool with projected net yields of circa 15%, (though this is not guaranteed.) The units could generate around €400 each month income after all costs.  Affordable New Entry Prices With a purchase price of €91,650 the initial deposit is just €13,748. It is highly unusual to get into the commercial property market at this low an entry level, with nothing more to pay until the building licence is expected through in roughly least six months.  Long Completion Time - Enhanced Returns The units are due for completion in late 2009. This means you’ll benefit from capital growth on the full purchase price for two years having only invested 35%. By the time you have to start making mortgage payments your unit may have substantially increased in value.  Prime Position Bucharest is at the crossroads of trade between the EU, Turkey and the Middle East thanks to its perfect strategic location. Its potential is increasingly recognised by companies across Europe, especially since Romania’s accession to the EU this year removed trading restrictions.   Superb Location CentreWest Commercial Park is located on Bucharest’s busy ring road, to the west of the city, close to the start of the arterial A1 road NW to Pitesti. Around 58,000 vehicles are estimated to use this section of the highway each day.   Retail Hotspot Accessibility from all parts of the city has made the north-west section of the ring road a magnet for multinational retailers such as Porsche and Renault car dealerships and hypermarkets Carrefour and Metro. The arrival of IKEA firmly established Bucharest’s ring road as a popular retail area.  Major multinationals such as these do their research carefully – they have chosen to locate here because they are convinced of its record as an established retail zone. Therefore much of the hard work has already been done for us – city residents regularly use the ring road for shopping, it is easy for them to get to and huge numbers of consumers will pass right next to CentreWest as they drive to access these other retail outlets. This creates a substantial ready market.  Increasing Demand Because of its proximity to the A1 highway, land plots are in very high demand. Â
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