Bucharest Homes

Large Three Bed Apt in Villa - South Dorobanti

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Région: Dorobanti - Sales

175,000 EUR
Code: BHS 1304
  • Surface interne utilisable (sqm): 170
  • Chambres: 3
  • Cuisine: Fermé
  • Espace extérieur: Oui (garden)
  • Sécurité: Oui
  • Salles de bain: 2
  • Parking reservé: Oui

Property Description: A jewel that needs a serious buffing! We are asked all the time by friends to help them find a villa with apts that we can go partners in buying, renovating and then enjoying. This is one of those, except the entire villa is not for sale as yet. Currently, three of the four apts in the villa are for sale and we are featuring this apt as the feature property. What do we love about this property? For starters, just about everything is original - doors, wood flooring, staircase, windows, ceiling moldings. Secondly, the property is primarily South facing so we are going to get an adundance of big light throughout the day. Thirdly, the layout of the apt is really good for luxury living with big rooms and tall ceiling and windows pretty much in every room. Fourth, the architecture of the house is beautiful. Lastly, the big garden in the front of the property can be beautifuly renovated and restored for a shared usage among like-minded landlords of the four apts. It even has space in the front for parking. The price to buy is around 1,000 euros per square meter which we rate as a good deal considering the condition of the property. But, be aware, that the house is in need of major renovation and we estimate that the landlord(s) will need to factor a renovation budget of between 200 - 600 euros per square meter for fixing in addition to the final sales price (depending on materials used). This deal is best realized if you buy all three apts for sale and thus have majority call on renovation and land usage of the property. Once renovated to a high standard (including common areas) we believe that the rental value of this apt will be around 1,800 - 2,000 euros per month with our expatriate clients who demand charm in a good location.

Neighborhood Description: Mansion looks out onto another grand villa of similar period. Easy walking distance to both Piata Dorobanti and the dynamic and interesting Piata Floreasca. Metro is near. This is a fast up and coming neighborhood which is coming from a poor period in the 1990`s.

Property Description: A jewel that needs a serious buffing! We are asked all the time by friends to help them find a villa with apts that we can go partners in buying, renovating and then enjoying. This is one of those, except the entire villa is not for sale as yet. Currently, three of the four apts in the villa are for sale and we are featuring this apt as the feature property. What do we love about this property? For starters, just about everything is original - doors, wood flooring, staircase, windows, ceiling moldings. Secondly, the property is primarily South facing so we are going to get an adundance of big light throughout the day. Thirdly, the layout of the apt is really good for luxury living with big rooms and tall ceiling and windows pretty much in every room. Fourth, the architecture of the house is beautiful. Lastly, the big garden in the front of the property can be beautifuly renovated and restored for a shared usage among like-minded landlords of the four apts. It even has space in the front for parking. The price to buy is around 1,000 euros per square meter which we rate as a good deal considering the condition of the property. But, be aware, that the house is in need of major renovation and we estimate that the landlord(s) will need to factor a renovation budget of between 200 - 600 euros per square meter for fixing in addition to the final sales price (depending on materials used). This deal is best realized if you buy all three apts for sale and thus have majority call on renovation and land usage of the property. Once renovated to a high standard (including common areas) we believe that the rental value of this apt will be around 1,800 - 2,000 euros per month with our expatriate clients who demand charm in a good location.

Neighborhood Description: Mansion looks out onto another grand villa of similar period. Easy walking distance to both Piata Dorobanti and the dynamic and interesting Piata Floreasca. Metro is near. This is a fast up and coming neighborhood which is coming from a poor period in the 1990`s.

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Bucharest Homes, Phone: + 40 744 608 211 | alewis@bucharest-homes.ro | www.bucharest-homes.ro

Bucharest Homes SRL38260571, J40/16335/2017, Euro Tower, Str. Dinu Vintilă 11, 021101 Bucuresti, sector 2
Tel: +40744 608 211, alewis@bucharest-homes.ro

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