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Investment opportunity - land for sale in excellent residential area at
“Green Forest” – Timisoara, Romania - great location and price
about the offered location
64,000 m2 (6,4 ha), land for residential development, near “Padurea Verde” (Green Forest) – Timisoara, excellent for a unique residential area development: good access to the Timisoara city centre, ring road, highway and airport; bus station in close proximity; beautiful surroundings and the biggest city’s recreation area nearby (Zoo, Village Museum, bike tracks in the forest, equitation, etc.).
The available surface is even larger, if it is desired. We may recommend also companies with experience in residential development services (architecture, construction, etc.)
Two sides with forest view – unique in Timisoara.
current prices
The development town plan allows the construction of maximum 4 level buildings on this location. It means here can be build around of 64,000 m2 useful surface. At this time, the cost for a good construction, in Timisoara, is about 500 Euro/m2 and the selling price is about 900 Euro/m2.
The selling price for this land is 15 euro/m2, direct from the owner. The official estimation of this land is 35 euro/m2 (the transaction taxes will be paid at this level).
about Timisoara
Timisoara is the informal capital of the historical region of Banat (west Romania).
It was the first city of Europe with streets illuminated by electric light, in 1884 and it is the place where the Revolution against the communist regime started in Romania, in 1989.
Today is the biggest city in Romania which has direct connection with the European highway network.
Timisoara is the second city in Romania in terms of economic development (IT, automotive and many other domains) (Continental AG, Nokia, Linde Group, Dräxlmaier, Mahle, FM Logistic, Dunca Expeditii, Nestlé, SCA Packaging, Contitech, Flextronics , Procter & Gamble, Smithfield Foods, Accenture, Bosch, KPMG, and many others)
The city has a consistent retail network (Auchan, Kaufland, Careffour, Billa, Profi,Penny, Mertro, Selgros, DM, Decathlon, Dedeman, Hornbach, Baumax, Praktiker), two big malls with various important international brands and another two malls under construction.
Timisoara has also many cultural institutions and events. It is also a multicultural, intercultural, multiethnic and interethnic city. Timisoara is also a candidate city (now on the short list) to become the European Capital of Culture in 2021.
It is an attraction for the people from many counties from the west Romania, and not only.
Timisoara has the position 55 in the World top, by the quality of the citizen’s life, by numbeo.com, before London, Paris or Tokyo ;).

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