Full Description

48 exclusive flats in the picturesque medieval centre of Brasov with superb panoramic views. This is an incredible investment, with a finance plan designed for the investors who seek high capital gains and rental yields. Also, proximity to Romania’s main ski resorts and international famous tourist attractions makes out of this development a perfect place for holiday home.

MAIN FEATURES:

Why invest in Brasov, Transylvania?

• One of the largest cities in Romania with a high unsatisfied demand for residential properties (important local demand and tourist rental potential);
• A picturesque medieval town strategically located in the centre of Romania (business and tourist hub);
• Proximity to important tourist attractions: Romania’s main ski resorts (Poiana Brasov, Predeal, Sinaia), Dracula Castle and other attractions in Transylvania (adds demand for rental);
• New Brasov International airport due for completion early 2010 (€100million investment);
• Major investments in the infrastructure (Romania will receive €30billion EU funding between 2007-2012);
•100 miles to Bucharest (capital city); New motorway in progress (due completion 2011);
• Unique city with extraordinary architectural features and natural surroundings.

Why invest in “Pine Gardens”?

• Brilliantly located within the historical city centre;
• Exclusive area by the forest with superb panoramic views over Brasov;
• 20 minutes walk from Brasov biggest and oldest University with 20.000 students (adds rental potential)
• 15 min drive to Poiana Brasov (Romania’s most famous ski resort);
• Excellent transport links: main bus links and easy car access to both airport and motorway network;
• Proximity to major employment opportunities;
• Important retail centres within 1mile radius;
• Recreational areas onsite or in the near proximity.
• Excellent payment plan (as little as 10% initial capital requirements);

“Pine Gardens” is being developed by a partnership of Romanian companies, 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.

MAIN FACILITIES

• Onsite Playground for children;
• Video-intercom, security cameras;
• Interior Lifts;
• Modern decorations;
• Underground parking with remote controlled door;
• Within the historical city centre that has a wide variety of tourist attractions, restaurants, pubs and entertainment;
• Within 1 mile radius: shopping centre and Brasov main spa centre “ Paradisul Acvatic”
• Within 5 mile radius: Romania’s main ski resort “Poiana Brasov”, Horse riding centre and aqua park (works only during summer time);

PAYMENT PLAN

• 10%-Initial payment - as soon as you sign
• 20%- Structural work is completed, approximately 12 months later
• 70%- Completion (mortgage), approximately 18 months later

DUE DILLIGENCE

• has planning permission;
• construction started (early stages);
• Mortgage and other financing options available.

Q & A SECTION

Q1) Can we offer a rental or furnishing service?
A: We will once a development is completed.

Q2) What is the rental yield for “Pine Gardens”, Brasov?
A: Assuming that you had your property completed at this moment in time, now you could achieve a rental of 1000-1500 Euros per month equivalent of a yearly yield of al least 6.5%. This would have covered the cost of your mortgage. Probably at completion 18 months later, rent will be more so you can achieve higher rental yields.

Q3) Guaranteed rental income?
A: Guaranteed rental normally applies to holiday resorts where income from travel companies can be taken into account. This is not the case in an urban situation in Romania.

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.