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Full Description

Located on the western side of the city the land was once a working farm. Utilities are situated on the land (water,electricity) with gas situated no more than 20 metres from the plot. This will be a key development area given it's close proximity to the airport and that it will be crossed by the new motorway development to Budapest and it is likely to significantly increase in value once the relevant planning permissions have been obtained. The land could be developed for either commercial or residential development on both sides of the new motorway.

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Key information

Property ID: 404213
Location: Arad, Romania
Property Sector: Land Plot

  • Development Land
Price: EUR 6,500,000

Key Selling Points:
  • New motorway will cross the land
  • Close to the airport
  • Excellent development opportunity
  • Immediate uplift of 15% expected with approved planning.
  • Full Colliers report available
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