Large and Relatively Cheap Apt in Dorobanti
Print this page BackArea: Dorobanti - Sales
- Usable Internal Surface (sqm): 170
- Bedrooms: 4
- Kitchen: Open
- Outdoor area: Yes (garden)
- Security: No
- Bathrooms: 2
- Reserved parking: No
Property Description: Big, at 170 SQM and at 190,000 Euros this is damn good value for the most premium neighborhood in the city, it also has a lot of natural light, is on a nice street and enjoys a large plot surrounding the building - so no neighbors looking in through the building next door. Negatives to consider include the fact that this is a second floor walk up, the apt needs some renovation (half of the apt was used as an office) and the garden is a mess. No reserved parking, although this should be resolvable once the neighbors get together and agree on a system (plenty of space in the courtyard to park). You could even make this into two apartments for a better rental return if investing is on your mind. The rental - as is - would be around 1,350 Euros per month which represents a VERY GOOD 9% annual yield.
Neighborhood Description: Dorobanti is the aristocratic neighborhood of Bucharest, home to the majority of diplomatic housing and embassies. This apt is very close to shopping and entertainment in Piata Dorobanti and also enjoys quick access to the subway stations of both Stefan Cel Mare and Piata Victoria.
Property Description: Big, at 170 SQM and at 190,000 Euros this is damn good value for the most premium neighborhood in the city, it also has a lot of natural light, is on a nice street and enjoys a large plot surrounding the building - so no neighbors looking in through the building next door. Negatives to consider include the fact that this is a second floor walk up, the apt needs some renovation (half of the apt was used as an office) and the garden is a mess. No reserved parking, although this should be resolvable once the neighbors get together and agree on a system (plenty of space in the courtyard to park). You could even make this into two apartments for a better rental return if investing is on your mind. The rental - as is - would be around 1,350 Euros per month which represents a VERY GOOD 9% annual yield.
Neighborhood Description: Dorobanti is the aristocratic neighborhood of Bucharest, home to the majority of diplomatic housing and embassies. This apt is very close to shopping and entertainment in Piata Dorobanti and also enjoys quick access to the subway stations of both Stefan Cel Mare and Piata Victoria.
