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€5,750,000  Plot of land Arad

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  • €5,750,000
AREA 52,430 sqm

ADDRESS
Faleza, Str. Malul Muresului, Arad

LEGAL STATUS
Land within the built-up area, owned by S.C. PORTO PETROL SRL
Zonal Urban Plan `Faleza str. Malul Muresului` approved by the Local
Council of Arad by Decision no. 132 /14.

DESCRIPTION
The land is located near the oldest area of the city and the entire
southern side is adjacent to the bank of Mures River.
The land is currently occupied by buildings considered for demolition
that belonged to the former Sugar Factory.
The northern side of the site neighbours the historical area of the city
which is currently subject to the implementation of a rehabilitation
program.

SCOPE
Buildings and developments classified in sub-areas and routes
including an esplanade on Mures cliff, intended for:
• Offices
• Services, trade, public catering
• Parking lots
• Green areas, amenity
• Housing

LOCATION
The property is 800 m far from Arad City Hall.
On the east side the land is bordered by Ialomitei Street which leads,
through the extension with Grigore Alexandrescu Street, to Piata
Avram Iancu, the old city centre. Continuing, Malul Muresului street
connects to Cuza Voda and Piata Veche Streets, to Piata Arenei and
Podul Traian which leads to Aradul Nou quarter.
In the southern part the area is bordered by Malul Muresului Street and
by Mures River which has a regulated watercourse.
In the western part, the area is bordered by Splaiul Muresului and
Putnei Streets leading to Piata Sarbeasca and Piata Mare which
ensure the major traffic flow between Piata Arenei and the western
area of the city.
On the land bordering the northern side company housing units were
built, towards the end of the inter-war period, which belong to the
former employees of the sugar factory.

UTILITIES
• water supply
• electricity supply
• gas supply
• household and rain water sewage system
• telephone, internet lines

OWNER CONTACT INFORMATION
SC PORTO PETROL SRL, Timisoara, St Caras nr 8, judetul Timis
Contact: Tiberiu Duma
Telephone:  --(Phone number)-- ;  --(Phone number)-- 
Price: 5,750,000.00 EUR + VAT
AREA 52,430 sqm

ADDRESS
Faleza, Str. Malul Muresului, Arad

LEGAL STATUS
Land within the built-up area, owned by S.C. PORTO PETROL SRL
Zonal Urban Plan `Faleza str. Malul Muresului` approved by the Local
Council of Arad by Decision no. 132 /14.

DESCRIPTION
The land is located near the oldest area of the city and t...

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