C19, Bucharest
Reasons to invest in the project C19, Bucharest:
- Attractive Returns: 9.25 – 10.5% p.a., paid monthly;
- Fixed Capital Gains: 1.5% p.a., paid at maturity;
- Loan-to-Value (LTV) Ratio: 60% with a collateral value of EUR 2,820,328;
- Expected Monthly Rental Income: up to EUR 15,000;
- Investment Security: first-rank mortgage on project assets.
The InRento team presents a new buy-to-let investment opportunity – C19, Bucharest, situated at one of the most prestigious addresses in the Romanian capital – Lascar Catargiu Boulevard.
Lascar Catargiu Boulevard is located in the heart of Bucharest's first district, within approximately a 10-minute walk from the Romanian Government Palace and in close proximity to Victoriei Square and the broader central business district, which consistently commands the highest real estate values in Romania, supported by strong occupier demand from corporate, diplomatic, and high-end retail tenants.
The property comprises two interconnected buildings with a total usable area of 648 sq. m. and a land plot of 443 sq. m.
The goal of the project is to convert the existing building into a premium income-generating office building. Project funds will be directed towards the acquisition of the building and conversion works. The conversion works are expected to be completed in 9 months, after which the property will be leased to either a single tenant or multiple tenants.
Project owner – Prime Capital Invest S.R.L., a Romanian company represented by Gheorghe Gabriel Boriceanu.
The company manages a diversified investment portfolio spanning real estate development, non-bank lending and hospitality.
The company’s real estate team has an established track record across residential and commercial development in Bucharest and other Romanian cities. Completed projects include a 24-unit residential building in Bucharest, delivered in 2017, as well as residential villa and apartment developments in the Tunari area. Active development projects currently include mixed-use commercial and residential buildings in Bucharest and a residential building project in Brașov.
The project is secured by a first-rank mortgage on the project assets with a conservative loan-to-value (LTV) ratio of 60%. The project offers investors a fixed monthly interest rate of 9.25–10.5% p.a., along with fixed capital gains of 1.5% p.a., paid at maturity. This results in a total gross profitability ranging from 10.75% to 12% p.a.
The maximum duration of the project is 36 months.
This project has a fixed annual return on capital gains –
The capital gains are fixed and payable together with the repayment of the loan amount for the preceding instalment ("Instalment"), with the return for each successive Instalment being added to the calculation of the return. The Instalment shall be considered as per one calendar year. A fixed increment of 1.5% shall be applied to the Instalment.
Example calculation: If the Loan is repaid after one year, a fixed return of 1.5% applies. If the Loan is repaid after 24 months, a fixed return of 3% applies. If the Loan is repaid after 36 months, a fixed return of 4.5% applies.
The profit margin is payable whether or not the Loan is repaid on the sale of the property.
Read full information on pricing on this link.
Here you can find the complete payment history for this project. The list includes all payments made by the project owner, covering interest payments, principal repayments, capital gain payments, and any late payment fees.
Project payments table will be generated after the first payment by project owner is paid.
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Bucharest Romania