18,500 sqm prime land, with view of Sibiu on the outscirts of Cisnadia ideal for 37 houses.
18,500 sqm
Residential
Forested, hilly
"Intravilan" - intended for construction, whether for residential, commercial, or industrial purposes.
Land designation requests for the construction of individual homes or duplexes in newly developed or expanded areas of the town are processed quickly. The municipality actively encourages development, ensuring fast approval for eligible projects.
Land Parcel #102296/102297All utilities are at the property, including gas, water, sewage, and electricity. Road frontage is very wide.
Freehold
The PUZ need to be updated, but the municipality actively encourages development, ensuring fast approval for eligible projects.
€45 per sqm.
The real estate market in Cisnădie and the nearby Arhitecților neighbourhood is thriving, driven by increasing demand for suburban living near Sibiu. Arhitecților has seen rapid development, with new residential projects and infrastructure enhancing its appeal, while Cisnădie continues to experience rising property values as it attracts families and professionals seeking larger plots and modern homes. With 200 m² houses on 500 m² plots selling for €350,000, the area is becoming a sought-after location for high-quality suburban housing, offering both tranquillity and convenience. This trend makes the 18,500 m² plot an ideal investment for developers looking to capitalise on the area’s growth.
This 18,500 m² plot in Cisnădie offers two attractive investment options.
Option 1 involves building houses and installing the necessary infrastructure, including roads and utilities. With construction costs of €850 per m² and infrastructure costs of €100 per m² for the non-built area, the total investment is estimated at €7,677,500. If the developed property is sold at €350,000 per house, the total revenue from 37 homes would be €12,950,000, resulting in a profit of €5,272,500 and a 68.6% ROI.
On the other hand, Option 2 focuses on adding utilities and obtaining PUZ approval, without any construction. After the land is sold with utilities at €120/m², the investment would yield a 100% ROI and a profit of €1,110,000. Both options leverage the strong demand for residential properties in this developing area near Sibiu, offering compelling returns for investors.
This 18,500 sqm plot in Cisnădie offers tremendous potential for residential development in a prime location just minutes from Sibiu and the sought-after Arhitecților neighbourhood. The land, currently designated as “Intravilan” and intended for construction, is ideal for building at least 37 individual homes or duplexes, catering to the growing demand for suburban housing.
NA
The land has previously been used for agricultural purposes, primarily as grazing ground for cattle.
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