Investment Property - Platinum Towers II

Original Investment Summary - 24/05/2007 Investment Property Platinum Towers II
  • Right next to metro station giving excellent transport links
  • Desirable, well-designed development with strong local demand (prices have increased 25% in the last 6 months)
  • 22% below market value

Platinum Towers II offers investors a fantastic opportunity to purchase property in the second phase of one of the best developments in Bucharest. This is a superbly located, great value-for-money investment that has been independently valued at 22% higher than Property Secrets’ prices.

We have also secured a 4.8% discount with the developer. With excellent payment terms of 25% on exchange and 75% on completion, this investment offers our clients great returns in an area that is seeing annual growth rates of around 30% and demand for property is currently outweighing supply.

Platinum Towers II is located in the Vitan district, a residential area, within walking distance of the Parliament buildings (one of the centres of Bucharest). It is within the Sector 3 area of Bucharest which has a population in excess of 400,000 and is the fourth wealthiest district of the city according to the Romanian Ministry of Finance. The development is located right next to the metro station and within walking distance of Piata Unirii, making this investment extremely attractive to the local market, both in terms of rental and resale.

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