All offers of more 30000 EUR will be considered and answered on December 19th.2010
Adresse: Gheorges Baritiu 19 -2 2900 Arad Romania
The current total is 105 square meter construted and 276 square meter with the cellar and the mansarde. It is a construction project for 2 appartement 2 rooms ( 3 2 camera apartement) and one 3 rooms apparemtement.
There are 200 square meters in the common garden which can be used to build (The total is area is 1200 square meter). The cost of the construction of the three appratement is 50 000 EUR and would generate an annual income of 2 * 250 EUR (2 appartement 2 camera) + 300 EUR ( 1 appratement 3 camera) = 800 EUR * 12 = 9600 EUR / 7 % (renting yield of 7 %) = 135 000 EUR - 50000 EUR (construction) - 5000 EUR (plan autorisation) = 80 000 EUR (theorical value).
Call: 00 44 7906754896
The house is just 5 minutes from the historical theater, a main tram station:
The plan is the following
In the plan, you can see 100 square meter in the main area: 3 rooms, corridor, salle de bain (baie), cuisine (bucaterie) and a steps to the roof which can be made into 2 rooms (mansarde 80 square meters).
You got also a 47 square meters pivnita (Boxa) with also 3 windows on the street:
Arad has 200 000 habitants. It is 130 km from the border with Budapest. It has 200 000 habitants. It has its own aeroport and it is located 4 hours from Budapest international aeroport (with discount airlines easyjet.com, wizzair.com), 1 hour from timisoara. It has a econimical mini bus connection to the airport. It is an the high way from Paris, budapest, vienna, bucharest.