Strada Fratiei Nr. 7
Purchase Price €55,200
Area (m²) 36.8 m²
Price / m² €1,500
1st Year ROI 2.61%
Net Annual Income €904.35
5-Year + Sale Avg ROI 13.97%
Property Description
Newly renovated 2-room apartment of 36.8 sqm on the 1st floor of a 2025 building near Gara de Sud, Ploiesti. Detached layout, new electrical installation, gas connection, heating by association and a storage unit included. Acquired at 1,500 EUR/sqm and structured as an Equity Builder: low initial cash, bank financing, and steady capital appreciation over a five-year horizon.
Key Features
01
Location Advantage
Near Gara de Sud / School
02
Nearby Amenities
Shopping District
Concept Choice
Equity Builder
Properties acquired at favorable pricing and supported by leveraged financing with relatively low initial cash, aiming to build wealth over time through mortgage amortization and steady capital appreciation.
Property Identification
- Property Type
- 2-rooms
- Layout
- Detached
- Street
- Ploiesti, Strada Fratiei Nr. 7
- City
- Ploiesti
- Sector
- —
- Year of Construction
- 2025
- Floors in Building
- 4
- Floor
- 1
- Seismic Risk Grade
- None
- Transportation Distance
- Gara de Sud
- Elevators
- 1
Size & Technical
- Usable Apartment
- 36.8 m²
- Constructed Apartment
- —
- Total Usable Area
- —
- Condition
- Newly Renovated
- Central Heating
- By Association
- Gas
- Yes
- Electricity
- New
- Storage Areas
- Yes
- Parking
- Yes - not included
Financial Case
- Purchase Price
- €55,200
- Asking Price
- €55,200
- Price per sqm
- €1,500
- Parking Price
- —
- VAT
- 21%
- Total Purchase Costs
- €66,792
- Projected Annual Appreciation
- 4%
Cash
Acquisition Costs
Total Purchase Costs€66,792
Total Closing Costs€3,702.6
Total Renovation Costs€10,652
Total Cash Investment€81,146.6
Sale / Exit
Projected Sale Price (5 Years)€98,727.25
Net Rental Income€23,117.16
Total Revenues€121,844.41
Selling Expenses-€4,571.07
Net Amount in Cash€117,273.34
Income
Total 1st Year Rent€5,400
Total 1st Year Expenses-€577
Total 1st Year Net Income€4,823
Returns
1st Year ROI5.94%
5-Year + Sale Avg ROI8.9%
Leverage
Acquisition Costs
Loan-to-Value (LTV)71.07%
Total Down Payment€19,320
Bank Financing€47,472
Total Closing Costs€4,652.04
Total Renovation Costs€10,652
Total Investment (Owner Equity)€34,624.04
Sale / Exit
Projected Sale Price (5 Years)€99,882.39
Net Rental Income€3,523.93
Total Revenues€103,406.32
Loan Payoff-€39,965.79
Selling Expenses-€4,624.55
Net Amount in Cash€58,815.97
Income
Total 1st Year Rent€5,400
Total 1st Year Expenses-€4,495.65
Total 1st Year Net Income€904.35
Returns
1st Year ROI2.61%
5-Year + Sale Avg ROI13.97%
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