Min. Investment:
Equity Multiple:
Est. Project Value:

Novarion Rver
Mixed Use
Sibiu, SB
€ 9,8 M
€ 17,5 M

Project Description

The project ——– involves the construction of a new building project with a total of — residential units. The property is being built on the south-eastern edge of ———-. The property is therefore located on the direct border to ———-. Currently, the property comprises the real estate with a land area of 1,489 m². The units are planned to be 100% residential and will have a total usable area of approximately 2,287 m² upon completion. The residential units are to have open spaces such as small gardens. The furnishings and design of the new units will use high-quality materials in natural colors.

The property is located in a good residential area in———– of ——–. All local amenities are within walking distance. The shopping paradise ———offers a balanced shopping paradise for all shopping needs. Doctors, kindergartens and schools are easily accessible.

The purchase of the property has already taken place and the issuer is already the owner of the property. The issuer plans to sell all residential units individually. A building permit has already been obtained. The construction measures will start this year (2022) and will end as scheduled in the 1st calendar quarter of 2024.