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Key selling points
- Superb Rental Potential
- Fantastic Capital Growth
- Prime Location
- Below Area Market Value
- Full Rental Management Service
- Fully Finished Apartments
Situated within Tunari, one of the fastest growing residential and commercial areas of Bucharest, the Adelaide development is in a prime location to benefit from increasing property values. Vigorous investment in infrastructure and the continued Northern expansion of Bucharest mean this is fast becoming an extremely desirable location and an annual rental return of 10% - 15% has been forecast by the developer. Tunari is located just 3km from Otopeni international airport, 3km from the new Baneasa shopping district, soon to be the largest shopping precinct in South East Europe, and just 7km from Bucharest city centre.
Combine this close proximity to modern convenience with the tranquillity of the surrounding forests and lakes and you'll see why Mimoza offers the perfect opportunity for investors looking to maximise on rental return. High rental potential These one, two and three bedroom apartments are ideal for both expat and local professionals working in the city, offering a minimal commute with the advantage of a rural retreat on the doorstep.
Rental potential is high with the increasing number of young professionals being attracted to the country's capital by the scale of investment, both domestic and international, it is currently experiencing. A result of the high volume of multi-national organisations within Bucharest, including Vodaphone, Orange, Kraft and Ikea, is that a Romanian middle-class of highly skilled, educated and well paid individuals is being born. There are also currently estimated to be 20,000 expats living and working within the nearby Baneasa and Pipera districts but the shortage of housing means property prices here are two or three times higher than in Tunari and so the desire to relocate is high. Unsurpassed quality A range of apartments are available, all offering fully equipped luxury kitchens and bathrooms, open plan lounge-dining areas and a choice of garden or private terrace.
All apartments have the benefit of private parking in addition to the provision of ample visitor parking. 10 year guarantee The Mimosa project, scheduled for completion in 2009, is brought to you by an experienced and well respected developer. The quality of finish of each apartment is unsurpassed by other entry level developments in Romania and every property comes with the reassurance of a 10 year builder's guarantee. In addition, unlike many other developers within Romania, their commitment to investment in infrastructure means you can rest assured everything you need to maximise on rental return and capital growth will be in place.
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