Bucharest

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Insight Worldwide Proudly Presents Our New and exciting European ‘City Investment’

Basarabia Boulevard Bucharest

An amazing and much coveted opportunity guaranteed to enhance your Property Portfolio Jason Howard – Insight Worldwide

Prices start from £65,000.

  • Brand new, contemporary, luxury apartments within an ‘Urban Village’ environment Featuring shops, galleries, coffee shops, fitness facilities and crèche.
  • Fantastic location close to the city centre near to featured new shopping mall, tram and metro stations
  • EU accession and massive EU funding in Romania
  • Soaring local demand for smart new homes for the smart, up and coming, affluent, fashion conscious professionals
  • 20% deposit, 80% LTV mortgage available completion 2009
  • Documented 30% Capital growth in 2006

Insight Worldwide are delighted to introduce you to our amazing investment opportunity, ‘Basarabia Residence’ which is vitally and strategically placed only 2-3 kilometres from Bucharest’s thriving centre.

This outstanding new development offers thoughtfully planned and high specification apartments within a fully gated complex featuring brilliant fitness facilities, outstanding retail outlets, alongside modern coffee shops all situated under one roof and creating in effect a modern, buzzing state of the art urban village which the new, wealthy business community of Bucharest desire and increasingly expect. Perhaps the greatest added bonus is the much coveted underground car parking facility

Basarabia is situated on a vital major road with the all important tram and metro links sited close by.  Most significantly, the largest and therefore major mall in Bucharest, – the Titan Mall – is being constructed only a short distance away.

At this early stage, a VERY LIMITED number of apartments have been made available for sale prior to their launch in Bucharest. Only a 20% deposit is required plus some purchase related costs with the balance being required in 2009. Non-status mortgages are available.

Why should you invest in Bucharest?

With accession to the EU in January 2007, Bucharest is emerging from the neglect of the Communist and Ceausescu eras.  Factors for consideration are:

  • Huge amounts of EU and international business funding and investment is resulting in a rapidly improving infrastructure whilst creating employment and wealth generation to the country.
  • Equity rich locals.  At the fall of Ceausescu all Romanians were given their home.  The main benefit of this is that most of the population own their own home without a mortgage.  The downside being that most of the homes are in the dreary, run down Communist era concrete blocks.  However, massive opportunities exist to totally and rapidly transform whole communities, creating a new, colourful and vibrant face to the whole country.
  • With foreign investment creating increased local wealth the Romanians are becoming increasingly fashion and status conscious, desiring a prosperous, western European standard of lifestyle.
  • Bucharest has a population of well over 2 million. Last year only 8,800 new homes were built in Bucharest. So demand for new homes far outweighs supply.  It is a view that it will take ten years for supply to meet the demand.

For further information and to request a brochure, call us on 01603 268080 or complete the on-line contact us form.