Overview of the semi-detached House in Arad, Romania
Property Type
semi-detached House, 3 Bedrooms, 3 Bathrooms
Floor Area
177 m² living area
Locality
riverside, town
Suitability
suitable for children, suitable for elderly, for wheelchairs
Parking
available
Agent
Online Solutions
Description of the semi-detached House in Arad, Romania
House in Arad, Romania:
Luxury house for sale in Arad, Romania - The AXA Project is Bermo’s residential focus - secure community living in luxury. AXA is a brand that Bermo Group is currently building in Arad to take advantage of Arad’s fast growing residential market. AXA represents a planned community providing security and value to the growing middle and upper class. Designed with 18 semidetached 3 bed/bath houses divided on each side of a main gated courtyard, AXA 1 has been a success with local Romanians showing a strong demand for gated community living. The location is a quiet community adjacent to a new city project including a new medical center, kindergarden, and lake.
(AXA 1- 18 units sold to local Romanians earlier in 2006 at a price of 130,000 EUR. The units are complete and are already being lived in by owners and renters.)
AXA 2- second phase of the project adjoined to AXA 1.
Model Vila Mara - 177 sqm usable area with the total build area 213 sqm.
Prices of the semi-detached House in Arad, Romania
The price for this property is quoted as 145000.00 EUR.
The total purchase price is 145000 EUR and a breakdown of costs is provided below.
The currency conversions are approximate values and are displayed for your convenience only.
Payment
Amount
Due
30% reservation fee
EUR
on signing the contract
70% installment
EUR
on completion of the fixtures
Payment terms are 30%/70%
- 22 December 2006 all finishes from inside of the houses will be ready.
- 29 June 2007 external (and internal) finishes completely finished. Video system, interphone and all security is installed and working.
- 30 November 2006 completely connection for water, gas, electricity.
- 22 December 2006 interior road and neighborhoods will be finished.- Completion
Expected rentals are 1500 EUR per month - we know this from AXA 1.
Price is 145,000 EUR – with a 5% discount for investors that put 70% down with 30% on completion.
