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RESIDENTIAL PROJECT P+10


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Category: Jointventure
City: Arad
Type: Jointventure
Zone: Micalaca
Structure type: Joint Venture


Residential project P+10 building in Arad City-Romania
 
Location: The property is situated in privileged urban area of Arad city, on Mures river coast,5 minutes away to Arad City Hall, near by he "Billa" Supermarket, the "Euromedic Medical Centre", OCPI Arad and the "Aurel Vlaicu" University.
Project description: Modern architectural approved project (PUD) for P+10 building with all permits for:
                     - 201 Apartments, 
                     - 5629 sqm for 129 parking places, 
                     - 335 sqm for 4 offices,
                                      
 LAND AREA 7736 SQ MT                                     
 TOTAL BUA 28,000 SQ MT
 TOTAL SELLING AREA 23,333.33 SQ MT


 PRICE/SQ MT 800 EUR

 
 TOTAL INCOME  = 18,666,664 EUR                           
 TOTAL COST        = 10,286,331 EUR

 

 TOTAL PROFIT   = 8,380,333 EUR