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Investment Property » For Sale » Romania » Brasov » Land Land    

Land Land investment in Brasov


Location

Romania
Brasov

Price

€69,000

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Property ID: 409796


















     
 

 Description

Key selling points

  • Ever expanding local Brasov skiing resort nearby
  • Villa and pensione develpments nearby set planning precident
  • Immediate access to town road
  • Permission to develop has been granted
  • Area of outstanding natural beauty with panoramic mountain views
  • Services including water, electricity and gas already on site
  • Projected minimum 100% profit on development
  • Brasov International Airport opening in 2009
  • Fly into Bucharest Airport by Wizz Air from UK approx. 50 Euros

The land, as advertised and illustrated in the accompanying photographs, comprises 2965 square meters of near-flat terrain, which has Urban Status and therefore permission for application for development. A current Certificate of Urban Status will be provided for the purchaser with the sale completion documentation.

Services to the plot include gas, electricity and water, and immediate access to the road linking the two neighboring towns of Tohanita and Zarnesti. There are presently 2 points of access to the road from the land, and there is the opportunity to create further entrance ways if desired.

Traveling from the UK it is convenient to fly by Wizz Air into Bucharest, although from 2009 it will be possible to fly directly into Brasov with the opening of the Brasov International Airport. At present driving time from Bucharest to Brasov is approximately 2.5 hours, traveling some 166km on the E60 road. A new A3 motorway is planned for opening in 2009 to support the new Brasov Airport.

The plot is approximately square, neighboring a mixture of agricultural land and urban fields in stunningly beautiful countryside. Please click the link below for a full size image of the plan topology.

http://www.bethanypeak.talktalk.net/topology.jpg

The access road services a number of local villas / pensiones and is fully asphalted except for the 2 km between Zarnesti and the plot, which is finished in gravel (as can be seen from the accompanying image).

The land is located at the foot of the mountain Piatra Craiului (within the Carpathian Mountains) in the town of Zarnesti, in the county of Brasov. Local sign posts indicate that the plot is 2 km from Zarnesti town centre; Bran (where Dracula's Castle is situated) is 5 km from Zarnesti, and the main tourist destination and ski resort in Poiana Brasov is 20 km from the plot. Click links below to see full size images of Dracula's Castle with surrounding aerial view, and below that, a piste in the mountains of the Poiana Brasov Skiing resort:

http://www.bethanypeak.talktalk.net/DraculaCastle1.jpg

http://www.bethanypeak.talktalk.net/PoianaBrasovSkiing1.jpg

The plot would serve either for division into two or three plots for resale with the purpose of two or three private villa developments or for immediate development as presently offered such as for an all year round pensione suitable for summer walking and winter skiing access.

In summary, the purchaser of this investment who plans to build either a villa or pensione should expect a final sale price for the completed development to reach between 200% and 250% of the total costs outlaid in the development. For example, the cost of development would be approximately 400 Euros per m2, and the selling price would be expected to reach 800 to 1000 Euros per m2. In addition to building costs, the purchaser could expect full local architects plans to cost in the region of 2000 Euros including planning permission.

Prospects for any development on this plot will undoubtedly benefit from the expanding tourist attractions of summer mountain walking, viewing of the many local attractions around Brasov including the nearby Dracula's Castle, Skiing at the Poiana Brasov resort and the potential increase in land value expected with expansion of the local area upon completion of Brasov International Airport.

Assistance is offered in establishing contact with reliable local builders and accompanied viewings can be arranged upon request.

 
     
     
 

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