MRI City Residence Bucharest

MRI City Residence Bucharest represents a fantastic way to get in to the burgeoning Romanian property market while prices are still low but appreciating.

Designed to appeal to the Romanian middle classes who are moving to the area for newly created jobs in the north of the city, the development features 15 generously spaced blocks, each with its own entrance, stairwell and lift, with maximum natural light. There are:

• Studios – Pleasant and roomy, with modern American-style kitchens
• One-bedroom units – versatile with ensuite bathrooms, separate guest facilities and well-sized living areas
• Two-bedroom penthouses – fitted to a high standard of luxury, with walk-in wardrobes, ensuite and guest bathrooms, spacious living areas and generous private terraces

All properties have high-spec flooring, doors and bathrooms, and kitchens with installed units and pre-installation for electrical goods.

You can maximise your investment in MRI City Residence Bucharest by taking advantage of the strong domestic rental market. The properties are perfect for renting to the Romanian middle classes who increasingly want to live and work in the city.

Rental returns of up to 15% are possible to the north of the city in the areas of Otopeni and the Baneasa Technology Park, where the development is located, and Bucharest has some of the highest rental yields in Europe, averaging 11% according to PricewaterhouseCoopers.

MRI City Residence Bucharest is ideally located close to major points of employment and two international airports. Now under construction in the area are the Largest technology and commercial zones in central/eastern Europe, covering over 500,000 sq metres with companies such as BMW, Carrefour, Mobexpert and Ikea, as well as the largest entertainment complex in Romania, plus a huge shopping city with brands like Massimo Dutti, Bershka, Zara and Oysho