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Vila Iulia Costinesti Black Sea Resort - 1 Bed Apartments for Sale in Costinesti

Home » Property For Sale » Romania » Constanta » Costinesti » 1 Bed Apartments

Property ID: 451982

Apartment

Price : €29,000 to €65,000

Key Features

  • - Price starting from only 29000 euros
  • - Promotion in Progress (Call Now to claim discount)
  • - Current rental yield 10%
  • - Offices: London, Bucharest, Brasov
  • - NO middleman involved
  • - Local market information at NO extra cost

See side resort in one of Romania's property hotspots. Initial development stages provide an ideal opportunity for capital gain and rental income. Location and facilities make for easy sale locally,providing an ideal exit strategy for investors

Full Description

 

Why invest in the Romanian Black Sea Resorts?

  • Very early stages of development compared with the Bulgarian Holiday Resorts Market;
  • Existing local rental demand (Romanian has 23 million people and only 244km long coast);
  • Major investments in the infrastructure (Romania will receive €30billion EU funding between 2007-2012).
  • Low cost carriersflights are available from major UK airports to Constanta (Ryanair, Malev).
  • High Potential for Spa tourism (ex: Techirghiol famous therapeutic mud)

 

 

Why invest in Vila Iulia-Costinesti?

 

  • Studio flats starting only from 30.100 euros
  • Promotion in Progress (Call Now for a discount);
  • Brilliantly located nearby the golden sanded beach
  • Good access transport links: Constanta international airport (only 16 miles), train station and local buses.
  • Large investments in the area: Golf courses (Forum - The French Golf Area and Epava - The English Golf Area); Sports entertainment facilities
  • The Costinesti local Council recently announced a development programme financed by the EU to add a tourist harbour for small yachts and sea boats, infrastructure facilities and a beautiful promenade.

 

 

Facilities:

 

  • Air conditioning
  • Parking
  • All the apartments will have sea view (except ground floor)
  • Private swimming pool
  • Large glass windows and own balcony
  • Reception, mini bar

 

 

Vila Iulia is being developed by a partnership of Romanian companies, including a prestigious bank, all of them with a good track records and extensive local market experience. The developer is selling the project directly to clients with no middleman involved. This is an incredible investment, with a finance plan designed for high capital gain.

 

Payment plan:

 

  • 50% -Initial payment - as soon as you sign
  • 50% -Completion (mortgage) - December 2008

 

(for investment other payment plans are available, contact us for more information)

 

 

Q&A

 

Q1) Can we offer a rental or furnishing service?         

A: We will once a development is completed.

 

Q2) What is the rental season in Romania?       

A: It starts in May and end in September with June, July and August as top months.

 

 

Q3) What is the rental yield for Vila Iulia-Costinesti?

A: Assuming that you had your property completed at this moment in time,now you could achieve a rental of 3000 euros per season equivalent of a yearly yield of al least 10%, which would have covered the cost of your mortgage.

 

Q4) Where can you meet us?

A: You can either meet our knowledgeable team based in our London office or meet our colleagues in Romania.  We also organise subsidised inspections trips to Romania for our clients.  Contact us for more details.

 

Key selling points / Investment justifications

 

Price starting from only 29000 euros

Promotion in Progress (Call Now to claim discount)

Current rental yield 10%

Offices: London, Bucharest, Brasov

NO middleman involved

Local market information at NO extra cost

Financing available

 

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Disclaimer

All investments bear varying degrees of risk. TheMoveChannel.com strongly discourages you from making any investment decision based upon information that you cannot independently confirm and strongly recommends that you seek advice from a qualified financial advisor or solicitor before you make any financial investment.