Other Property - Centru
Centru, Cluj-Napoca, Cluj
1 offer for this property
One property, several sellers — the photos, price and description below belong to the selected offer.
IMPAKT
In short
A 395 sqm, 5-room boutique building in Centru, Cluj-Napoca, comprising five short-term rental apartments and a ~100 sqm conference space. Delivery is scheduled for Spring 2027, fully fitted and turnkey. Asking price is 2,950,000 EUR + VAT, with a projected annual yield of 11.2%.
Automatically generated summary of this offer's listing text.
Description
A boutique property located at 11 George Coșbuc Street, Cluj-Napoca, just two minutes from Central Park. The building will include five apartments licensed for hotel-style short-term rental and a conference space of approximately 100 sqm. The key investment parameters are: • Asking price: €2,950,000 + VAT • Projected annual income: €330,560, calculated at a 70% occupancy rate • Estimated annual yield: 11.2% • Estimated investment recovery period: 8.9 years • Delivery date: Spring 2027 • Handover: fully permitted, fitted out, and ready for operation. Construction is at an advanced stage, and the quality of workmanship can be verified directly on site. The property will be delivered turnkey, with features including a BMS (Building Management System), underfloor heating throughout all units, and Warema shading systems. The property is ready for immediate operation, requiring no additional investment or works on the part of the buyer.
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Property Details
Size
395 m²
Rooms
5
Bedrooms
4
Bathrooms
1
Location
Centru, Cluj-Napoca, Cluj
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