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Swiss Cottage - Investment Opportunity in Bucharest

This property in Romania has been identified by Property Uncovered as being an exceptional investment opportunity due to its up-and-coming area and its stunning prices.
Swiss Cottage - Bucharest Location

· Romania
· Bucharest
· Titan area

Key Features

. Expected capital gain growth: 25% pa
. 10% gross rental yield anticipated
· 1 bedroom apartment from 77KEur (51KGBP)
. Attractive Payment Schedule
. 75% LTV mortgage available on completion (subject to condition)


CONTROL PANEL
Area: Titan, Bucharest
Prices from: € 77,262
Total units: 98
Available units: 14
Resalable contract: yes
Expected capital growth: 25%
Letting agent: dedicated local agent
Rental yield: 10% pa
Currency: New Lei
Payment schedule: 10% / 15% / 10% / 10% / 55%
Advised exit strategy: mid-term


LOCATION

» A new metro connection will go directly to central Bucharest from a new station built at the end of the Swiss Cottage street.
» The Titan area gathers around 700,000 inhabitants and its density is one of the highest one in Bucharest. Titan is the ideal location to invest in an area of Bucharest in needs of a lot of accommodation, both for renting and selling purposes.
» Swiss Cottage is just off the major exit of Bucharest, so residents can escape the weekend traffic very fast, and head comfortably to the seaside or mountains in no time at all.



DESCRIPTION
» Swiss Cottage offers true European standards of living that will take into account everything residents in Bucharest desire to feel comfortable.
» Residents of Swiss Cottage will have great amenities close to hand. For example, Titan Mall, Billa, and other great retail stores are all walking distance away from Swiss Cottage.
» Swiss Cottage is close to neighbourhood schools, both preschools and colleges.

» Building's specifications
The 2 buildings are the host of 98 apartments, 49 units in each building, every building is P+6 floors. The different types of apartments on each building are as follows:
- 11 1 room apartments ;
- 30 2 rooms apartments;
- 8 3 rooms apartments;
- 98 parking spaces from which:
- 60 above ground;
- 36 under ground;
- 2 closed under ground ;


» Facilities
The facilities offered were designed to match the residents' present and future needs.
Each apartment offers:
- Safety metallic doors;
- Indoor central heating unit;
- Double glazed windows;
- Parquet flooring;
- Ceramic tiles in the bathrooms and kitchens;
- High quality sanitary equipment;
- Water, gas and electricity meters in each apartment;
- Gas detector in the kitchens;
- Intercom in each apartment;

» The developer chose to promote Swiss Cottage mainly to the local market first. This step was extremely positive as there are now only 14 availabilities and the completion is still in 12 months time! As Swiss Cottage is still promoted to the local market, please confirm your interest as soon as possible to avoid disappointment.

PICTURES OF SWISS COTTAGE
                          

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