2 ^nd Phase just released! Presale prices for two blocks and no buyer's fee for the first 10 buyers! Floresti - off plan apartments in the suburb of one of the world's most dynamic investment destinations - Cluj-Napoca. Strategic location near the Polus Centre and the area of the international companies, easy access, beautiful natural environment. Low entry level investment, maximum return.

We are pleased to introduce high standard off plan apartments in the suburb of one of the world's most dynamic investment destinations, Cluj, Romania's gate to the West. Floresti is the suburb of Cluj-Napoca set in a beautiful natural environment, surrounded with hills and is a tranquil yet easily accessible place to live.

Investment facts

GDP reached 8.2% in the first quarter of 2008 due to the FDI flooding into the country and the high and stable growth in the construction industry

Foreign investors have lately diverted their investments from Bucharest to Cluj since it is closer to the western border with easy access to whole Europe, therefore Cluj has become the most desirable investment location in Romania as a second tier city

Cluj hosts an amazing number of software companies along with several multinational names such as Nokia, BMW, Mercedes etc creating thousands of jobs for the locals. As a result, Cluj is the centre of employment in Romania with the lowest unemployment rate

The exceptionally high employment rate resulted in strong demand for new build properties and a boost in the rental market. In addition to this, Cluj hosts more than 10 universities, including the most popular ones in Romania and therefore a 100.000 student population. These students are attracted by the low unemployment rate and high salaries offered by the international companies and they stay in Cluj after their studies.

As a result, the population is increasing at a high rate: according to the experts the population will be tripled in the following years. (at the moment it is 313 000, with the suburbia it is 500.000!)

Foreign investment in Cluj-Napoca has centred around the large Polus Center next to the main road at the entrance of Cluj

The development is favourably located a few minutes drive far from the Polus Centre, so the professionals looking for quality and tranquil living will find their dream home here. The project is highly recommended for short term investments as well since locals prefer to buy completed apartments

The developer is from Ireland therefore both the building standard and the purchase process are up to the European expectations

The apartments are very competitively priced in the area but come in a semi finished condition, the developer is able to finish them according to your preferencies

Incredible capital growth: thanks to the fast improvement in the area the capital growth is around 20% p.a. and is expected to be even higher in the following years, due to the strong demand and limited supply of newly-built apartments in the Cluj area

Cluj Napoca is the second richest and the fastest improving city in Romania

Property Investment

This project is an excellent opportunity to acquire a property in the most desirable investment area of Romania, Cluj-Napoca.

Hundreds of millions Euros are invested in the area of Floresti:

Competitive land prices and the favorable location of Floresti attract a lot of investors - residential condominiums, commercial centres and factories are being built.

The vicinity with Cluj-Napoca, the excellent transport links, the developed infrastructure and the commercial developments all resulted in an increased interest to invest in Floresti. The specialists observed that the demand for newly-built properties has tripled lately and this triggers an unbelievable capital growth.

At the beginning buyers were interested in smaller apartments like studios and 1-beds in the Floresti area, but now there is strong demand for more spacious, 2-bedroom flats.

It is highly recommended to buy a parking space as well - they can be bought for a bargain.

Apartments near Polus Center

The most popular part is the area of the Polus Center - this is where the demand is the highest. The area is improving very fast but experts predict that it will develop even more in the near future.

Real estate prices are rising in Floresti, however, they are still very competitive compared to Cluj-Napoca - so this is the right time to buy!

BMW will have a branch and a garage in Floresti and other big brands will be present as well. Epinvest (Bosch distributor in Cluj) or Elboris will have some projects in the area. Coratim has 12 operating warehouses and offices and Petrom intend to build a Hotel and a gas station.

Polus Centre is the biggest investment in Floresti, and one of the biggests in the Cluj county. The value of the project is 140 Million EUROs.

The complex has opened on the 12th of October 2007 with 80.000 sqm built surface, 61.000 sqm rental surface, 200 shops and 2.500 parking spaces.

Pricing and payment schedule

Prices start at an amazing EUR 35.298 for a studio at this development!

Our clients can benefit from an excellent 30%-70% payment plan, so you can get an apartment from as little as EUR 10.589!

The 2nd Phase has just been released and only two blocks are offered on the special pre-sale prices.

Please note that the prices are exclusive of VAT (19%).

• Region: View All "Cluj Apartments"
• Country: View All "Romania Apartments"
• Go Back | Go Top