For sale Prime 90-Unit Residential Building Ideal for Rental Income Podul Grant, Bucharest

3,500,000 EUR
ID: 90999
1 November 2024 90999
Description

Property Highlights: Excellent Investment Opportunity

This fully consolidated building, built in 1978 and strategically located in Sector 1, Bucharest, offers 90 units, including apartments, studio apartments, and single and shared rooms. Ideal for use as a student dormitory, labor housing, hostel, or short and long-term rentals, the property combines a prime location with extensive modernization, including updated sanitary and electrical systems and a dedicated power plant installed in 2000 with all necessary authorizations.

Accommodation Types: Apartments, studios, and multi-bed rooms

Key Features and Layout:

  • Total Plot Area: 900 sqm (landbook) with a built area of 585 sqm
  • Total Usable Area: Approximately 2,900 sqm across 4 floors

Unit Types:

  • Apartments: 3 units, 2 rooms each, 56 sqm
  • Studios: 3 units, 38 sqm each
  • Offices: 6 units, 22 sqm each
  • Bathrooms: Located on the ground and first floors, 22 sqm
  • Kitchens: 2 equipped kitchens on the ground floor, 18 sqm
  • Reception Office: Ground floor, 22 sqm
  • Individual Rooms: 72 units with 1, 2, and 3 beds, each with private bathrooms

Investment Potential:

All rooms are fully furnished, making this property an excellent, ready-to-rent investment. With flexible accommodation options and a location ideal for students and workers, this property promises strong rental returns and long-term appreciation in a high-demand area.

Property details
State Finished
Rooms no. 90
Useable surface 2,900 m² (1,207 EUR / m²)
Constructed surface 3,500 m² (1,000 EUR / m²)
Kitchens no. 90
Bathrooms no. 90
Building type Block
Year built 1978
Building renovated 2000
Config DS+HP+4
Balconies no. 25
Elevator No
Earthquake risk class Unclassified
Amenities
Equipped kitchen
Not furnished
Building heating
Air conditioning

REALTOR®️ | SRS®️ | PSA®️

BLISS Imobiliare - Real Estate passion since 2006!

Embark on a journey with BLISS Imobiliare, a trailblazer in the Romanian real estate scene since 2006. Our unwavering commitment to excellence and high professional standards has earned us an outstanding reputation in the industry.

At BLISS Imobiliare, our dedicated team collaborates closely with both real estate buyers (and tenants) and sellers, specializing in single-unit transactions. Whether you're seeking your dream home or looking to sell a property, our personalized approach ensures a smooth and satisfying experience.

For investors eyeing development or speculative opportunities, BLISS Imobiliare is your strategic partner. Together, we can build portfolios of income-generating assets, maximizing potential in the ever-evolving real estate landscape.

Discover the BLISS difference as we apply a comprehensive and integrated approach to meet diverse real estate needs. As a seasoned boutique real estate consultant in Romania, our operation since 2006 has equipped us with extensive knowledge of real estate development and trends, ensuring that your property journey is guided by expertise and insight.

If this propety is not exactly what you are looking for contact us and we will source what you are looking for. We collaborate within an extensive network of real estate professionals who will assist in finding you the property you want!

BLISS Imobiliare is the real estate division of:

Management Services BLISS SRL

Fiscal code RO18268740 | J23/6511/2023

Please read the Terms and Conditions for collaborating with BLISS Imobiliare and for using this website.
Prime Investment: 90-Unit Residential Sector 1 for Sale, Bucharest | Bliss Imobiliare contact Violetta Tudorache
Violetta Tudorache
Call us