Description

Region: Boulevard Dacia, 5 minutes from the center, 16 km distance from Deva.
Location: in Hunedoara, on the main boulevard.
Plot size: 7.320 sqm (with street opening: 50 m)
Present use: Land.
Infrastructure: Sewerage system, electricity-current, gas, communication.

Development opportunities

The land has approval certificate for P+6 floors residential apartments + commercial, working on 14.000 sqm construction permit with best potential for residential and commercial development.

Price/sqm land

Our sale price is 120 Eur/sqm + VAT (current sell price in the area is around 250 Eur/sqm).
Expectations for resale price: 1000-1200 Eur/sqm built + VAT.

Other info

REASONS TO INVEST IN HUNEDOARA
Hunedoara (German: Eisenmarkt, Hungarian: Vajdahunyad) is a city in Hunedoara County, Romania, in the Transylvania (or Ardeal, the popular name for Transylvania) region. It is in the Cerna Valley near the Poiana Ruscă Mountains within the Carpathian Mountains.The city of Hunedoara has the most important Gothic-style secular building in Transylvania: Hunyad Castle, which is closely connected with the Corvin family. The castle was originally a small royal citadel and was given to Vajk (Romanian: Voicu) by King Sigismund of Luxemburg in 1409. Vajk's son, Johannes de Hunyad, began enlargement of the castle into a Gothic residence in 1446. The city contains many green gardens, and old trees flank the streets. During the 20th century, Hunedoara increased its population to 86,000 inhabitants.

The city used to contain the second largest steel works in Romania owned by Mittal Steel . However, the economy of the city is now benefiting from new investment. Local administration very receptive and open minded. The industry in the Hunedoara county is linked with the mining activity in the region. Also energy related enterprises are located in the county - one of the biggest thermoelectric plant is located at Mintia.The predominant industries in the county are:metallurgy, construction materials, textile industry, mining equipment, food industry. In the 1990s, a large amount of mines were closed down, leaving Hunedoara county with the highest unemployment rate in Romania, of 9.6%, in comparison to the national average of 5.5%.

POPULATION
The Hunedoara County a total population of 485,712 Its ethnic composition includes:
Romanians:446.855 (92%)
Hungarians: 24.285 (5%)
Roma: 9.715 (2%)
other ethnicities (Russians, Greeks, Italians): 4.851(1%)

TRANSPORTATION
The local transport network is well-developed, with a regular bus line serving Deva and Timisoara.
The highway is also planned to pass right by the city's edge.

 

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