Prime Land in Beautiful Residential Area

  • €270,000
  • 2,700 sqm

Gusterita, Sibiu, Romania
Book a call now to explore this property and investment opportunities.
New
Prime Land in Beautiful Residential Area
Gusterita, Sibiu, Romania
Book a call now to explore this property and investment opportunities.
  • €270,000
  • 2,700 sqm

2,700 sqm land in the neighbourhood of Gusterita Sibiu, near the upcoming Gusterland project.

Property Specifications

Land Area

2,700 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

Land will be designated for building individual homes or duplexes after PUZ

Land Parcel #120549

Infrastructure Availability

All the utilities are close to the land

Investment Information

Total Cost

€100 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 residential development in the desirable area of Gușterița features 6 high-quality single-family homes, each 150 sqm over two floors. The project utilizes 1,800 sqm of the 2,700 sqm plot, with infrastructure and road access included. With land purchased at €100/sqm, infrastructure costs at €100/sqm, and construction costs at €800/sqm, the total investment, including construction costs, is approximately €1,080,000.

Each home will be sold for €277,500, generating €1,665,000 in revenue. After covering all costs, the expected net profit is €585,000, resulting in an ROI of 54.17%. This strong return reflects the project’s potential in a rapidly developing neighborhood, offering high-quality homes with excellent investment prospects.

Development Potential

Possible Developments

The 2,700 sqm plot in Gușterița offers significant potential for a variety of residential projects. With a 9-meter road opening and the ability to develop 1,800 sqm of usable land, this site is ideal for creating 6 high-quality single-family homes, each spanning 150 sqm across two floors. The flexible zoning allows for alternative development options such as townhouses or duplexes, which could increase the density of the project while maintaining ample private outdoor space for each unit.

Existing Plans/Designs

NA

Previous Usage

Agriculture

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

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