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Commercial Land for Sale in Satu Mare, Romania

16,000 Sq Mt of land with proposed approved plan for a new home project.

Established 30-40 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Real Estate Construction + 1 more
Locations  Satu Mare
Local Time 1:41 AM Europe / Bucharest
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 2.47 million (Native Currency: EUR 2,400,000)
Reason: Lack of funds. - We can sell the land to a builder who will execute the project themselves or someon... View More
Includes physical assets worth USD 2.47 million
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Business Overview
- 16,000 Sq Mt land in in the town of Satu Mare the North Western part of Romania, bordering Hungary is for sale.
- The land is located near 30,000 Sq Mt well known shopping mall.
- International Companies are investing in the area where the project is located.
- We have all the permits for a new home development project in the town of Satu Mare.
- The project would consists of 250 apartment units, 7 penthouses, 20 office spaces and 20 commercial spaces.
- Construction can be started in 4-5 months. It would take 4 years to construct the building as per the plan.
Products & Services Overview
Land, 250 apartment units, 7 penthouses, 20 office spaces and 20 commercial spaces.
Facilities Overview
Own 16,000 Sq Mt and the project includes 250 apartment units, 7 penthouses, 20 office spaces and 20 commercial spaces.
Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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