The 7Ha constructible land is in the city of Bucharest . It used to be a machine construction plant. According to EU regulations, this plant has to be moved outside Bucharest . 

The plot is completely equipped and the Subway station is at a distance of 50m. Many busses are connecting this area to the very centre of the town and to other parts of Bucharest .

Price: EUR 450/sqm.

According to a study of real estate company Atisreal Romania land sales in Bucharest in 2007 ranged between 150 euro to 4500 euro per square meters, depending on the location of the plot.  According to them, land prices for residential and office projects downtown Bucharest grew on average by 15-20% in 2007 as compared to 2006. In 2007, the greatest price increase was registered in the same areas where speculative transactions took place.

We would like to bring to the attention of our visitor a presentation which we have received from the landowner of a plot in the Estern part of Bucharest. They give a rough calcualtion of the ROI. If there is an interest on the part of one of our visitors, we are ready to make a more detailed one. 

This land is already in "Intravilan agricol". The plot comes directly from the owners. Owners have already applied for upgrading it to "Intravilan Constructibil" (constructible land). It will take about 2-3 months. They have very good connections to the mayor who can arrange all for obtaining PUZ, PUD and construction permit. The policy of the municipality is not to allow in the region other than residential or rehabilitation/SPA developments. No industry, storage or similar will be permitted.