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Rubin Development

Rubin

The finishing touches are now being added to the villas and apartments of Rubin. Their immediate availability and location in the highly desirable Greenfields project ensure exceptionally high returns for Buy-to-Let investors.

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Highlights

  • In completion phase
  • Exceptional rental potential
  • Highly sought-after location
  • Proximity to business district
  • Corporate lettings

Rubin forms part of the Greenfields project of Baneasa, the fastest growing residential and commercial district in Bucharest. Rubin is currently entering the completion phase and is ideal for purchasers pursuing a Buy-to-Let investment strategy. Alternatively, if you are planning to move to Bucharest in the near future, whether UK/Irish citizen or Romanian returning home, Rubin is an uber-desirable location that can provide immediately for your accommodation needs.

The Appeal of Greenfields

The Greenfields project is named not only after the virgin soil it is built on but also after the lush green forest that encompasses the project. Greenfields is benefiting from increasing property values of 20-30% pa and 10-15% forecasted rental yields. This is partial due to the fantastic location of Greenfields in close proximity to the new Baneasa Shopping Centre with easy access to two international airports and main roads connecting Bucharest with major ski resorts and the rest of the country.

Investment in Baneasa

Constraints on developing within Bucharest city centre have resulted in the commercial sector moving north to the Baneasa district. The availability of sufficient land and excellent infrastructure have made Baneasa the location of choice for global companies such as Vodaphone, Orange, Phillip Morris, Carrefour, Kraft, Ikea and many others. In addition to raising the profile of this district, these companies provide employment and therefore a superb client base for tenants and purchasers of built residences.

Modern Apartments for the City's Professionals

The well documented shortage of mid- to high-end quality housing all over Bucharest has generated fierce competition for the newly built, modern residences of Greenfields. Approximately 30,000 expats are vying with the local population of Romanian professionals for the extremely limited number of residences within Greenfield's gated-community.

The Rubin Development

The Rubin development comprises of 34 villas and 120 apartments built on an area of 2.7 hectares.

Villa Dana comprises of six 1- or 2-bedroom apartments, each boasting an area in the range of 62-91 m2.
Villa Sienna comprises of villas with a very modern design built with 2 or 3 floors in an area totalling 166 m2.
Villa Valetta is built on two levels, boasting an area of 113 m2. The beautiful and spacious living room (35m2) has direct access to a modern kitchen and terrace.

Very few apartments now remain unsold. If you are interested in a villa, please contact us to see if any have come on the market.

Conclusion

The villas and apartments of Rubin, designed to integrate perfectly with the idyllic setting of Greenfields, are almost complete. They offer unrivalled year-round rental potential and would form an excellent part of a property portfolio that focuses on consistent, long-term returns.