Rose Gardens Apartments - Modern open-space 1
and 2 bedroom apartments in the centre of Bucharest
Competitively priced at 10% below market value - only until the end of May
Exceptional off-plan opportunity
in vibrant Bucharest
- Close to the centre of Bucharest
- 11 minute walk to Obor metro station
- Only 10% to reserve a property
- Outdoor and underground parking
- Expected completion date : Phase I in Augt/Nov 2008
and Phase II Aug 2009
- Mortgages available for foreign buyers
- Only x25 one and two bedroom apartments for sale
- Competitively priced at 10% below current market value
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Location:
16 Colentina Drive, Sector 2, Bucharest, Romania
Located in the vibrant capital city of Romania, Bucharest is growing quickly. Tap into the Bucharest property
boom with the off-plan Rose Gardens apartment complex in the busy Obor area.
The Obor metro station is 11 minutes away by foot and just two stops from the the most prestigious shopping
High Street in Bucharest.
A new € 117 million shopping mall is due to be built at Piata Obor, which is just a 9 minute walk away, and will
include approximately 300,000 sq ft of retail space and approximately 180,000 sq ft of office space. This new
mall should almost certainly push up local property prices when completed..
Rose Garden apartments
Rose Garden Apartments is a brand new development being released in 4 phases consisting of 908
apartments. The project site has a total area of 25,720 sq m. The project consists in eleven (11) apartment
buildings between 10 to 12 stories high.
A storage room is available for each apartment and located in the basement. All apartment are cable TV ready
with an intercom system. The building includes a lobby area with intercom, reception desk, 2 elevators, and a
separate entrance for service and garbage disposal.
Parking
Outdoor parking with approximately 100 spaces is available for visitors and each building has a secure
underground garage. Each underground parking space is sold separately at
€ 10,000 plus vat.
Finance structure
- 10% to reserve a property
- Balance upon completion
Finders fee is only £395 + VAT per apartment.
Rental Income
Below are the monthly rental incomes for apartments in downtown Bucharest; all newly renovated (ie. new windows, floors, tiles, bathroom and kitchen utilities.)
• 1 room: 250-300€/month without furniture 350-500€/month with furniture
• 2 rooms (1 bedrooms): 400-450€/ month without furniture 500-800€/month with furniture
• 3 rooms (2 bedrooms): 450-600€/ month without furniture 650-1500€ /month with furniture
• 4 rooms (3 bedrooms): 600-850€/ month without furniture 900-2000€/ month with furniture
Unirii, being the most central location has premium rental prices. More affluent neighourhoods such as in the outskirts north of Bucharest have similar or even higher prices. Bucharest’s west side is the least expensive but also the least popular area. Downtown and surrounding areas such as Vatra, Luminoasa, Titan, Pallady, Baba Novac and Dristor can be rented out at similar rental prices. Students, both local and foreign, are favour these areas for their proximity to Universities, restaurants, bars, clubs, and shops.
Apartment Types
Apartment Type C2:
Apartment Type A2:
Apartment Type A3:
Phase 1 - Trandafir- completion August 2008
| |
Bedrooms |
Apartment
Type |
Floor |
Orientation
|
m2 |
Price PSM
plus vat |
|
|
Status |
35 |
2 |
C2 |
3 |
NE Interior |
98 |
1,525 |
149,577 |
115,059 |
Available |
34 |
2 |
C2 |
3 |
NE Interior |
98 |
1,525 |
149,577 |
115,059 |
Available |
36 |
2 |
C2 |
4 |
NE Interior |
98 |
1,540 |
151,017 |
116,116 |
Available |
22 |
2 |
C2 |
5 |
NE Interior |
98 |
1,555 |
152,457 |
117,274 |
Available |
21 |
2 |
C2 |
5 |
NE Interior |
98 |
1,555 |
152,457 |
117,274 |
Available |
8 |
2 |
C2 |
6 |
NE Interior |
98 |
1,570 |
153,933 |
118,410 |
Sold |
9 |
2 |
C2 |
6 |
NE Interior |
98 |
1,570 |
153,933 |
118,410 |
Available |
20 |
2 |
C2 |
7 |
NE Interior |
98 |
1,584 |
155,373 |
119,517 |
Sold |
7 |
2 |
C2 |
7 |
NE Interior |
98 |
1,584 |
155,373 |
119,517 |
Available |
19 |
2 |
C2 |
8 |
NE Interior |
98 |
1,599 |
156,832 |
120,640 |
Available |
30 |
2 |
C2 |
8 |
NE Interior |
98 |
1,599 |
156,832 |
120,640 |
Available |
Phase 1 - Crin- completion November 2008
| |
Bedrooms |
Apartment
Type |
Floor |
Orientation
|
m2 |
Price PSM
plus vat |
|
|
Status |
31 |
1 |
A2 |
1 |
SE Interior |
63 |
1,511 |
95,224 |
73,249 |
Available |
6 |
1 |
A2 |
6 |
SE Interior |
63 |
1,605 |
101,166 |
77,820 |
Available |
18 |
1 |
A2 |
7 |
SE Interior |
63 |
1,628 |
102,603 |
78,925 |
Available |
5 |
1 |
A2 |
9 |
SE Interior |
63 |
1,673 |
105,476 |
81,135 |
Available |
17 |
1 |
A2 |
10 |
SE Interior |
63 |
1,697 |
106,978 |
82,290 |
Available |
Phase 2 - Margareta- completion August 2009
| |
Bedrooms |
Apartment
Type |
Floor |
Orientation
|
m2 |
Price PSM
plus vat |
|
|
Status |
26 |
2 |
C2 |
5 |
SW Interior |
98 |
1,631 |
159,976 |
123,058 |
Available |
23 |
2 |
C2 |
6 |
SW Interior |
98 |
1,675 |
164,264 |
126,356 |
Sold |
10 |
2 |
C2 |
6 |
SW Interior |
98 |
1,665 |
164,264 |
126,356 |
Available |
24 |
2 |
C2 |
7 |
SW Interior |
98 |
1,680 |
164,763 |
126,740 |
Available |
11 |
2 |
C2 |
7 |
SW Interior |
98 |
1,680 |
164,763 |
126,740 |
Sold |
25 |
2 |
C2 |
8 |
SW Interior |
98 |
1,695 |
166,265 |
127,896 |
Available |
12 |
2 |
C2 |
8 |
SW Interior |
98 |
1,695 |
166,265 |
127,896 |
Available |
13 |
1 |
A2 |
8 |
NE Interior |
63 |
1,687 |
106,377 |
81,828 |
Sold |
14 |
1 |
A2 |
8 |
NE Interior |
63 |
1,687 |
106,377 |
81,828 |
Available |
Each underground parking space is sold separately at €10,000 plus vat
For all enquiries or to reserve an apartment, email sales@bucharestproperty.com
or telephone 0871-271-5120
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