High Level Summary:

Lot (4.77 Ha) for sale in Mihailesti, Giurgiu County, Romania.
Lot can have any destination: commercial and/or residential.
Lot has Utilities On-Site (Electricity, Natural Gas, Asphalt Roads), Water from Deep Well.
Distance from Downtown Bucharest: 23 km.
Price: 10 EUR/m².

Land Investment Details:

Excellent opportunity to purchase a lot located on the outskirts of South East Bucharest, in Giurgiu County, at the border between Giurgiu County and Ilfov County.
The owner considered the fact that Ilfov County belongs to Bucharest Metropolitan Area and is therefore more expensive in taxes, as well approvals/permits are harder to get.

The advantages of ownership in Giurgiu County are:
                 – Taxes are lower; and
                 – Approvals are easier to obtain.

Distance: 23 km (from Downtown Bucharest).

Size: 4.77 Ha (47,700 m²).

Utilities on-site: Electricity, Natural Gas, Asphalt Road.

Topo: Lot is Flat (elevation difference is less than 60 cm).

Destination: As per Buyer’s intention.
                  There are no restrictions.

Title: Clean Title. No Lien. No Mortgage.

Property taxes: 2015: 300 EUR.

Price: 477,000 EUR.