Prime location with amazing views near huge project

  • €674,487
  • 8,327 sqm

Gusterita, Sibiu, Romania
Book a call now to explore this property and investment opportunities.
New
Prime location with amazing views near huge project
Gusterita, Sibiu, Romania
Book a call now to explore this property and investment opportunities.
  • €674,487
  • 8,327 sqm

8,327 sqm land in the Neighbourhood of Gusterita divided into 11 plots for housing.

Property Specifications

Land Area

8,327 sqm

Land Type

Residential

Topography

The land is flat with a slight incline.

Zoning Information

"Intravilan" - intended for construction, whether for residential, commercial, or industrial purposes.

Land Permits/Approvals

Current land designated for building individual homes or duplexes

Land Parcel # 135022,134987,135343,135344,134967,135340,135676, 136015,136016,135701,135700,135342,135017,134979,

Infrastructure Availability

All the utilities are at the entrance of the land

Investment Information

Total Cost

€81 price per sqm.

Market Analysis

Located just outside Sibiu’s city centre, the Gușterița district offers strong potential for residential and commercial development. The recently approved Gusterland project, with 9.5 million EUR investment, will transform the area into a recreational and ecotourism hub. Key features include a 3 km scenic bike trail, a summer toboggan track, synthetic skiing and tubing slopes, two zip lines, a 4,000 sqm playground, a nature walking trail, a 1,600 sqm tourist rest area, a panoramic terrace, and a multifunctional pavilion with dining spaces.  This project will enhance Gușterița’s appeal, attracting residents and tourists with its vibrant mix of activities and natural beauty.

Estimated ROI

This development offers a strong return on investment, with an estimated ROI of 51%. Located in one of Sibiu’s most sought-after neighbourhoods, the project includes 11 plots of approximately 550 sqm each, each featuring a 170 sqm house. The land, priced at €674,487, combined with construction and infrastructure costs, brings the total investment to €2.31 million. With a projected sale price of €314,500 per house, total revenue is expected to reach €3.46 million, yielding a profit of approximately €1,149,373.

Development Potential

Possible Developments

This 8,327 sqm land, divided into 11 plots, offers excellent potential for residential development. The land is ideal for building homes in a highly sought-after area of Sibiu. The location’s proximity to the city centre and essential amenities adds significant value. Given the scarcity of new homes in this desirable neighbourhood, the development of 11 houses presents a strong investment opportunity, with potential for high returns. The land’s flat terrain, combined with the growing demand for housing, makes it a perfect choice for a residential project.

Existing Plans/Designs

NA

Previous Usage

Agriculture

Book a call now to explore this property and investment opportunities.

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