Are you an individual investor or a housing enterprise looking to invest in real estate in Romania?
Now you have the opportunity to buy new apartments in Romania in the newest neighborhood in Arad city, at excellent prices, in the new Cehov residential complex. Cehov residential is a new real estate project that consists in the construction of four GF+3 levels apartment buildings with a total of 141 apartments, which will have commercial spaces for services on the ground floor, such as minimarket, offices and beauty salons.
Cehov residential is designed in several phases of development, the final result being an elegant mini-neighborhood, just 3km from the center of the city.
In the first phase of the Cehov residential Arad project, the first real estate will be built, which will make available to those interested 23 apartments with usable areas starting from 42.15 sq m to 58.80 sq m, composed of living room, kitchen, bedroom, office, 2 bathrooms and loggia.
These 23 properties were completed in the summer of 2023, with the remaining 118 apartments to be completed in by the end of 2025.
These new apartments for sale in Romania are delivered fully finished, in white, with everything needed, ready to be furnished according to individual tastes.
Specifications and prices with 21% VAT included
Studio ground floor (42.5 sq m) – 72000 euros (sold out)
Studio floor 1, 2, 3 (42.5 sq m + balcony 3.3 sq m) – 75500 euros
2-room apartment ground floor (46.8 sq m) – 78700 euros (sold out)
2-room apartment floor 1, 2, 3 (46.8 sq m + balcony 3.3 sq m) – 81900 euros
3-room apartment ground floor (59 sq m) – 99000 euros
3-room apartment floor 1, 2, 3 (59 sq m + balcony 3.3 sq m) – 102200 euros
Economic potential
Arad, the city called the “Little Vienna” by the historical writer Nicolae Iorga and the “Third Rome” by other Romanian historians, is an attractive tourist landmark with a rich cultural life and at the same time a historic city with beautiful architecture, with long-term ambitious regional development plans.
Distances between major cities: Temeschburg (Timișoara) 50 km (31mi), Großwardein (Oradea) 100 km (62mi), Belgrade (RS) 200 km (125mi), Budapest (HU) 250 km (155mi), Hermannstadt (Sibiu) 250 km (155mi), Klausenburg (Cluj) 300 km (186mi), Kronstadt (Brașov) 450 km (280mi), Vienna (AT) 500 km (310mi), Bucharest 600 km (373mi), Iasi 700 km (435mi), Konstandza (Constanța) 800 km (497mi)
Distance to the border with Hungary 45 km (28mi)
Distance to the border with Serbia 135 km (84mi)
Do you want to buy or sell real estate properties in Romania, do no hesitate to contact the real estate agency Casa Glia for further details about real estate investments in Romania. We are specialized in real estate investment projects and we offer complete assistance services for our clients, in English.
Quick facts
Reference distances
Arad city center 2km
River promenade 2km
State theater 3,5km
Main train station 1,5km
Arad Atrium Mall 2km
Key selling points
Why should you invest in this new real estate project in Romania:
- Excellent location of the property
- Good value for money – you get the best price per built sqm in town, compared to similar projects
- Modern design of the residential complex
- Investment in a fast-moving and expanding city with a rich history
- Great potential for future return on equity
For whom is this investment most suitable?
- Individual buyers looking to invest their residual finances at a good value for money
- Individual investors looking to expand their real estate portfolio
- “Landlord profile” individual buyers or property flippers
- Housing corporations interested in territorial diversification
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Prices from €76000 euro
Discounts for large purchases
Agency commission: 2,87%
Delivery in finished white, ready to be furnished
Heating own gas heater, floor heating
Parking place +€5000
Date of project launch: August 2022
All utilities included, gas, electra, water, sewage, high-speed internet
Building A completed, SOLD
Building B in progress, on sale now
Building C planned for 2025, on pre-sale now
Building D planned for 2025/2026, on pre-sale now
Safety and peace of mind
We check the accuracy of property documents before contracting
Consultancy
We offer free consultation for both owners and buyers
Transparency
We work transparently and assist you before and during the transaction