Imobil Invest

Investment opportunity from Imobil Invest! Commercial properties in Moldova and other Eastern European countries are on the rise despite the world crisis of residential properties.

This time we offer a 4-level office/commercial building in historic area of Chisinau downtown. The 100-years old building was reconstructed in 2000-2003.

Total useful space presently three levels of 450 sqm, expandable to 550 smq at the attic floor.
Floor sizes:
1. Underground floor (separate entry from one of main streets) - 130 sqm
2. Ground floor - 137 smq. Separate bathroom on the floor
3. 2nd floor - 186 sqm. Open space, separate bathroom on the floor.

The building is self-heated, airconditioned. Comminications - several phone number, gas, industrial electricity supply 50kW/hr.

Buyout option for residential space in the back of the building gives the opportunity of brand-new construction of 2000-4000 sqm of space (commercial and office).

The building is located in one of the most active commercial areas of the city. Presently, it generates cash flow from rent to commercial tenants.

Reserved parking for 6 cars in front of the building. Additional parking and storage area - in the back of the building.

Building pictures

For more information and price quote please contact us

Investment in Real Estate in Moldova was popular for a number of years. Due to high rate of growth in property market and attractive rental potentials, many small investors prefer to invest their savings into apartments in the capital of the country - relatively liquid asset with the capacity of bringing continuous revenue.

As the trust to banking system was blown away with a number of bankruptcies of some financial institutions, and large scale fraudulent schemes during and after the collapse of the USSR, real estate became the niche for personal investment.

During 2001-2008 apartment prices in the capital went up 7-10 times. At the same time average rental potential changes 3-5 times.

Moscow properties are among the most expensive, and the average rental potential is estimated at 5.18% per year in 2007. In most of Eastern European countries, rental yields do not go over 6.5%, according to Property Secrets.

Chisinau, with much lesser prices still provide an average of 7-12% per year rental potential, added by a moderate (10-15%) price growth per year.