Introduction
Bucharest is booming, yet Romania’s capital has a short supply of well-located, top quality commercial investment property. Situated on the western edge of the city, close to the arterial A1 highway, CentreWest Commercial Park is ideally located for both small businesses needing logistics space and to serve the thousands of shoppers that use the ring road every day.
Commercial properties are often the first choice for professional overseas investors because they are easier to manage and have minimal overheads. Our CentreWest units come with all the benefits of commercial investment property but at an entry price that is affordable to all.
Our logistics units represent the perfect hassle-free investment with a guaranteed 8% net rental guarantee for up to 10 years.
The retail units have the potential to be cash-positive with much higher expected yields of 15% but this is not guaranteed.
Demand for similar units from both multi-national and local businesses is strong – an ideal supply/demand situation to support future capital growth.
A 35% deposit with 65% non-status finance – virtually unheard of in this market – can secure a commercial unit in this development.
Why invest in commercial property?
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Buying commercial property requires a different mindset than residential property. Much of the emotion of a residential purchase is taken out of the equation and the decision to invest is based on purely financial terms.
The factor that most appeals to investors is the minimal hassle involved with commercial property. Commercial rental contracts are long, from three years upwards. This means that the landlord does not have to constantly think about finding new tenants and so this removes the trouble and costs associated with this.
Right Place, Right Time
Commercial property prices tend to lag a couple of years behind those in the residential sector. This means residential price rises can be an excellent indicator of coming commercial property price rises. Bucharest has had a very buoyant housing market in recent years, suggesting this is a superb time to be investing in
commercial units.
What’s more, in an expanding, emerging economy such as Romania there is enormous potential scope for future capital growth.
Affordable Opportunity
Investing in commercial property usually entails purchasing larger units, which requires large amounts of capital. The beauty of this deal is that it offers a chance for you to get into a commercial development at a micro-level, but still enjoy the same level of returns that a large developer would get.
A commercial park houses both logistics and retail units.
Logistics units provide intermediate storage space where stock rests before being transported to retail premises. With CentreWest, the retail units sit right next to the logistics units – a positioning sure to benefit both parties.
Our units will be of particular use to Bucharest’s large and growing number of small- to medium-sized businesses, which will provide a ready and willing rental market.
Location is vital to a successful commercial park. To maximise potential for profits it should be easily accessible by shoppers. CentreWest’s position on Bucharest’s busy ring road to the west of the city meets this requirement beautifully.