MORE Group of Companies - Real estate services - Lands for development

LANDS

In the aftermath of the economic crisis, the land segment of the Romanian Real Estate market experienced drastic price declines, with deductions varying from 40 – 80% compared to the 2008 prices, making lands to once again become a very attractive investment option.

We offer a wide range of tailor made services covering the entire investment process to investors interested in this sector. Some of our services include:

Brokerage

  • Tailor made search of properties
  • Identification of opportunities
  • Initial legal and technical crosschecking of properties
  • Consulting and assistance during the negotiation and due diligence process

Consulting

  • Market reports
  • Letters of opinion
  • Verifying the potential use and presenting the future potential of the property, from different perspectives
  • Creating the investment plan for the bank
  • Other services depending on the specific requirements of the property and those of the investor
Lands for investment / development

Usually we refer to intravilan properties, but there are also several extravilan assets with good potential, strategically located around the capital and other important Romanian cities. Our portfolio includes selected offers of lands suitable for Retail, but also for residential, office, hotel, golf, industrial or other development.

Some of our criteria include:

  • Location of the property
  • Exposure and visibility, openings and positioning (corner property, opening size, etc)
  • Access and transportation means
  • “Best to use” forecasted destination
  • Status of the property (intravilan, extravilan, agricultural etc.) plus urbanistic parameters and build permit
  • Facilities and utilities
  • Administrative, commercial or educational facilities in the area (school, kindergarten, daycare, grocery market, supermarket, hospital, gym, restaurants, coffee shops, parks, children’s playgrounds etc. – for intravilan lands; retail developments, airports, highway etc. – for extravilan lands)
  • Parking or any additional services
  • Average prices to sell or to rent in the area
  • Expenses and taxes

If you are interested in our properties portfolio, click here to contact us.

Greenfield and Brownfield Projects

This is a very special category of lands, which requires special handling and know-how. Our portfolio includes several properties with strong potential and we offer services that assist our clients in every step of the process until the final implementation of the investment.

Some of our criteria include:

  • Location of the property
  • Exposure and visibility
  • Current usage
  • Existing buildings on the land
    • To be demolished
    • To be renovated
  • “Best to use” project (if existing)
  • Expected Income value
  • Forecasted Investment costs
  • Forecasted Expenses (specific to the activity or else)
  • Tenants mix
  • Property and other related taxes
  • Access and transportation means
  • The synergy between built, useful and rentable surface
  • Catchment area
  • Residents average income in the area
  • Rate of unemployment in the area
  • Similar developments in the proximity
  • Future development of the area from public infrastructure point of view
  • Parking and additional services
  • Facilities and utilities
  • Countered consumptions

If you are interested in our properties portfolio, please use the form below to contact us!

More info on lands