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Contact: Bucharest 013706, 75, Poligrafiei Bvld., 1th floor, District 1, Blue Gate Offices, ; Phone: +40740.319.996; +40733. 373.088; Website: romania-
properties.ro; E-mail: quantum@romania-properties.ro; och@romania-properties.ro; office@romania-properties.ro;
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Villa Bitolia
Distressed Assets Romania - Quantum Active si Investitii
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Location on the Bucharest map
(villa Bitolia)
Distressed Assets Romania - Quantum Active si Investitii
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Key info
Distressed Assets Romania - Quantum Active si Investitii
Address of the building 28,Entrance Bitolia, district 1, in the middle of the Dorobanti-Beller neighborhood
Public transport Subway Ch. de Gaulle Square - 500 m; buses, taxi: 200 sqm. Airport Otopeni 20 km
Condition of the building / Luxury residence.The state of the building is very good; does not require consolidation
year of construction / or renovation, but only hygienisation. Fully restored in 2000. No seismic risk. Built in
1940.
Best use for rent, B&B ((there are 3 independent apartments) or selling building
About area / neighborhood: Dorobanti-Beller Square area is an exclusive neighborhood of homes and luxury
residences. Except two streets that connect with Calea Floresca. Bitolia Street is a street
clogged and is circulated only by the inhabitants.
Height Semi-B-GF- 1 Floors +attic (apartment)
Land surface 287 m with an opening of 13 m and sides of 22 m
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Financial Info
Distressed Assets Romania - Quantum Active si Investitii
The starting price of the negotiation 600,000 euros , respectively 1, 305euro s/ sqm built
/ auction
Price that can be obtained after 520.000 euros (1.130 euros/sqm)
negotiations with creditors
Renovation price - built-in sqm 100 euros/sqm. only for hygiene, repairs and embellishment
Sale price of the renovated building min 2.000 euro / sqm built
R.O.I.(return of investment) 135% (at an expense of 600,000 euros and a sale at 920.000 million euros)
Yield 9,2% (at a rental price of 10 euro / sqm/month)
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Distressed Assets Romania - Quantum Active si Investitii
Pictures)
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Distressed Assets Romania - Quantum Active si Investitii
Pictures)
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Quantum -What do we do to beat the market?
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