GViTown residential complex comprises 4 buildings of ten floors, with a total of 324 apartments. The project includes 1 and 2-bedroom apartments, garden apartments, and studio apartments. Construction was undertaken by Danya Cebus, providing exceptionally high standards and elegant finishing touches, including private parking, elevators, 24-hour security, and more. Complimentary building management services will be provided to residents for the first year, handled by a well-known company in the field.

Romania

Welcome to Bucharest, the political, economic, industrial, and commercial capital of Romania.

Romania is part of the European Union, and has a population of about 22 million. The tourism industry is the country’s largest service sector, and is expanding rapidly.

The eclectic architectural style and the French-inspired sophistication of the Romanian elite are the reasons this city was dubbed “Little Paris” or “the Paris of Eastern Europe”.

Why invest in Romania?

Romania has recently undergone an accelerated growth and development process, which can be seen in steadily-rising property prices and the increasing demand for new construction.

The Romanian economy grew by 3.5% in 2015, and is expected to reach 3.6% in 2016.

In recent years, an increasing number of Israelis has been investing in Romania. The return on investment in an apartment complex is potentially 7-10% each year.

The project

GViTown residential complex comprises 4 buildings of ten floors, with a total of 324 apartments.

The project includes 1 and 2-bedroom apartments, garden apartments, and studio apartments, and complimentary building management services will be provided to residents for the first year.

The gated complex will be securely guarded, providing a sense of peace and quiet in the bustling city. The apartments will be furnished by the Mobexpert company.

Selected features include common areas, elegant finishes, private parking for residents, elevators, 24-hour security services, and more.

Construction progress, June 2015.

Project images

Map

Transaction Overview

Commitment fee of NIS 10,000 upon signing the registration form.

Balloon loans up to NIS 150,000 are available for a 7-year period, with a two-year grace period followed by monthly returns.

*The above terms are calculated for each borrower on an individual basis, to determine the appropriate funding.

The remaining funds are to be paid upon transfer of ownership.

 

Great Investment, Strong Partners

 

Management – The project is being managed by Real-Sol, which is staffed by engineers, architects, and marketing experts formerly of GTC Kardan.

Construction Company – Danya Cebus is a leading international construction company, the largest in Israel and one of the largest in Romania. It is active in construction and infrastructure, and first entered the Romanian market in 2007.

Engineering Consultation – Yisrael David, construction engineer and representative of the Israeli Association of Construction & Infrastructure Engineers.

Legal Representation – M. Firon & Co., one of Israel’s top 10 legal firms.

Floor plans

GViTown residential complex comprises 4 buildings of ten floors, with a total of 324 apartments.

The project includes 1 and 2-bedroom apartments, garden apartments, and studio apartments.

The gated complex will be securely guarded, providing a sense of peace and quiet in the bustling city.

The buildings will be managed by a well-known company, which will be provided to residents as a complimentary service for the first year.

The apartments are fully furnished by the Mobexpert company.

Construction has begun and the first apartments will be handed over in June 2016.

Q&A

  • +Why invest in Romania now?

    The population of Romania is about 20 million people. The tourism industry is the largest service provided in the country and is growing rapidly.

  • +What is Gindi's newest project in Bucharest?

    GViTown residential complex includes 324 apartments housed in 4 buildings of ten floors each, all constructed with very high standards.

  • +Where is the project located?

    Gindi's new complex in Bucharest is located at the heart of Sector 3 on Strada Vântului, near the intersection of Şoseaua Mihai Bravu Street and Calea

  • +Why rush to buy an apartment in this project?

    Israeli activities in Romania are diverse, including investments in real estate, infrastructure, communications, hotels, retail marketing, industry, a

  • +What is included in the transaction?

    Gindi gives buyers a once-in-a-lifetime opportunity to purchase an apartment in Romania.

  • +Who are the partners in this project?

    Gindi Investments has selected strong partners with many years' experience in the real estate market to construct and manage the complex. Danya Cebus is the leading international construction company, and the largest in Israel.

  • +What is the status of Romania's economy, relative to the rest of Europe?

    The Romanian economy is the 11th largest economy by GDP and 8th by the European PPP.

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