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Stefanesti Village an urban village

29th February 2008 Print
Validus is pleased to launch Stefanesti Village as the inaugural development in Romania. Since 2005 we’ve seen the the phenomenal progress that Czech Republic, Slovakia and Poland have made and now Romania has successfully joined the EU, it is sure to follow this proven path. The last 12 months have shown the Bucharest market performing exceptionally well, fuelled by increased wages and the availability of credit in the form of a rapidly maturing mortgage market. The majority of Romanian housing is substandard and it is no surprise that with a severe shortage of quality accommodation, Romanians are eager to purchase new build property. As the first development from Validus in Romania, we have chosen a rather special investment.

Stefanesti Village is a new concept for the Romanian capital. A new vision of urban living for Bucharest’s emerging middle class. As opposed to building a series of apartments our partner developer has chosen an enviable location between a forest and a riverbank on the periphery of the capital city to create a new model community. Stefanesti Village will include low rise, high quality apartments together with offices, shops, a school, medical centre, casino, hotel, sports and fitness centres. So as well as creating brand new accommodation in a city with a dire shortage of housing, it will also be an area of sustainable job creation.

Validus is launching Stefanesti Village at a launch price of approximately €817 / £585 per m². This discounted price is available for a limited period only. So as well as this initial saving, investors buying at Stefanesti Village will benefit from very favourable payment terms of just 20%, followed by 80% on completion in 2010. This means a quality apartment from a global developer can be purchased with just 20% of the original purchase price with at least 2 whole years of significant capital growth until the remaining 80% is required.

Romania is a land of huge potential for investors, however, one thing is certain. To make the most of this rising market, especially in the capital city, it is vital to get in early. The interest from the local and international market in Stefanesti Village has been intense, so contact Validus now to reserve your investment in Bucharest.

Key features:
Payment terms of 20% - 80% on completion in 2010
Global developer with vision and reputation for quality
Excellent value for money - prices from just £52,826/€73,965
Aimed at Bucharest's emerging middle class

For further information, email ask@validus-invest.com.