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€2,153,000  Plot of land Bucharest

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  • €2,153,000
Total surface: 17,224 sqm; Allowed land occupation percent: 40%; Allowed

land utilization coefficient: 1.20; Maximum building height: Gf + 2; Price: 2.153 mil. EUR (125 EUR/sqm);

Description:
Construction site in Otopeni with 162.6m road frontage. Distance to DN1 national road is 500m.

The

site already has a CU (Urbanism Certificate) stating the following coefficients:
• Land occupation percent: 40%


Land utilization coefficient: 1.20
• Building height: Gf+2
• Destination: residential / commercial / light non-

polluting industry
This location is excellent for a 200-apartments residential development.
Prices in Otopeni central

area have driven the attention of construction companies and/or investment funds to the western side of DN1, mostly

undeveloped until the beginning of 2007. Considering the fact that most similar plots in the area have been recently acquired

for residential and office space developments (some of them currently in an advanced level of execution) we consider this

site extremely interesting as it also bears a considerable land-banking potential.

Utilities available on site:

medium-voltage electricity line (6,000V) and sewage. Gas and water public networks currently run on I.G.Duca Street nearby

(300 m away). Medium depth drills for water supply are feasible and permitted on site.

Distance to Airport is 1.5Km,

distance to Bucharest City Centre is 15Km.
Total surface: 17,224 sqm; Allowed land occupation percent: 40%; Allowed

land utilization coefficient: 1.20; Maximum building height: Gf + 2; Price: 2.153 mil. EUR (125 EUR/sqm);

Description:
Construction site in Otopeni with 162.6m road frontage. Distance to DN1 national road is 500m.

The

site already has a CU (...

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