A company with entirely Romanian Capital operating in the logistics services field bought a premium mixed-use, office, and residential building located in the Herastrau area, in the north-central part of the Capital. Our company, ESOP Consulting, assisted the transaction.
The building has a built area of 1.100 sqm, a rentable area of 1.000 sqm, and five levels (GF + 4F).
The building, purchased for commercial purposes, is a turnkey business. All office space on the lower floors is occupied by tenants, as well as the residential penthouse.
“From our experience, we can say that the simplified formula for those who want to invest in such properties is: a building with a good location, offering a yield of 6-10% per year, with a predictable low vacancy rate and a high degree of liquidity and flexibility. The identified buildings must be analyzed together with a real estate consultant with experience in both rental and sale transactions’, recommends Alexandru Petrescu, Managing Partner at ESOP Consulting at CORFAC International.
Office space for sale in small and medium-sized office buildings, at affordable budgets between 220.000 euros and 3.500.000 euros, depending on the area, can be found on the ESOP website, in the section Office buildings for sale in Bucharest.
If you would like more information, please contact the ESOP team by filling this brief form, or by phone (+4) 0718.104.22.168 or (+4) 021.528.04.40. We’ll promptly answer your inquiry!