• Category - Development loan
• Payment frequency - Monthly interest payments 
• Collateral - 1st rank mortgage
• Country - Moldova
• LTV - 50%

Latest updates on the project https://blog.reinvest24.com/insider-updates-on-metropolis-4a-development-project

A prospective investment opportunity into a residential property in the center of Chisinau, Moldova, secured by the 1st rank mortgage with construction works conducted by an experienced international developer.

The Area
The city of Chisinau is located within the elevated woodland area of Codr. Its land is full of black soil, which is ideal for agricultural development. Just outside of Chișinău is Milestii Mici Village, a winemaking plant which boasts cellars with the largest collection of wine in the world with more than 1.5 million bottles! 

Find more information about Moldovan real estate market in this overview. 

You may already be familiar with the name METROPOLIS CITY, as this is the district's name where one of our currently outstanding projects is located - Metropolis 4D. Despite the similar name and close proximity, these projects are different from each other. In fact, these properties are two separate blocks located in one district, possessing different collaterals and financial obligations. 

The new METROPOLIS district is located in the city's Botany sector. The Botany sector has a very developed infrastructure and is known as the greenest area of the city. METROPOLIS itself is conveniently located only 5 minutes from the airport and 10 minutes from the center of the city. Green parks, a lake, a Botanical garden, educational institutions, shopping centre and even a zoo - all are within arm's reach. Also, a business center with various conference rooms is on the building's pipeline, thus allowing business people to hold important meetings literally without leaving their homes. And that makes this part of the city so much attractive for young families and active lifestyle admirers. In addition, the existing interest from potential buyers and sales forecasts confirm the high demand for new projects in the area. 

The property
On a land plot with an area of 1,315 m2  (total area of 91,000 m2) at Dacia street 59, Chisinau, real estate development project is prepared with a cadastral number 0100119 section 448.01.001-042, 045-061.

Specification of the building:

• The object: 7- storey residential building with all amenities and a well-maintained territory; 
• Number of apartments: 42
• Total living area:  2810 m2
• Total terrace area and corridors: 190 m2             
• The underground parking
  
  

Specification of the apartments: 

• Integrated fire safety system
• Ceiling height-2m 75cm
• 4 chamber double-glazed windows
• Autonomous heating
• Video door phone

Metropolis 4A block consists from one to three-room apartments. All apartments are designed in a modern style with convenient and practical layouts, using only eco-friendly and premium class materials. The building is equipped with a ventilated facade and waterproofing materials which are made of mineral wool. All this easily allows the apartments to stay warm in winter and cool in summer. Also, mineral wool perfectly copes with sound insulation, suppressing any noise. The underground floor of the building is reserved for the parking area. 

As per security, future inhabitants may be sure that this is something that was taken into account very seriously, as the building is equipped with a video surveillance system and is under round-the-clock security.