75% yield in the last 5 years for owners in GREENFIELD Baneasa, the neighborhood developed by IMPACT

The investment in apartments in the GREENFIELD Baneasa neighborhood generated for owners a total gross yield of 75% in the last 5 years, exceeding three of the most important international stock indices: Dow Jones, Nasdaq and S&P 500, according to an analysis by IMPACT Developer & Contractor.

The analysis shows that the average gross annual yield obtained by an owner during the analyzed period (2018 -2022) for apartments in GREENFIELD Baneasa is 35%, while the Nasdaq and Dow Jones stock indices have an average gross annual yield of 27% and the S&P 500 of 31%.

In terms of net yeld of residential properties, Romania has an advantage compared to Central and Eastern European (CEE) countries, having one of the lowest property tax levels in the region. Thus, in the last five years, owners' investments in GREENFIELD Baneasa apartments generated a net yield of 56%, above the ones generated by Bucharest (52%), Warsaw (51%), Budapest (43%), Vienna (24%), Madrid (22%) or Paris (10%).

”There are a number of factors that put the Romanian residential market on the map of specialized investors, including still low house prices, low property taxes and demand for rent. All these generate attractive yields for home buyers, which is why in recent years, we have seen an increase in demand from specialized investors for the purchase of apartment packages for rent. For over a year, we have met this demand with furnished and equipped units, already rented or available for rent in GREENFIELD Baneasa and Luxuria Residence in Bucharest, as well as in Boreal Plus, our compound in Constanta”, stated Constantin Sebeșanu, CEO IMPACT Developer & Contractor.

Another long-term investment is the purchase of properties for habitation and resale after 5-10 years. According to the calculations of the developer IMPACT, all types of apartments in GREENFIELD Baneasa have doubled their value in 10 years, turning them into a profitable investment for buyers.

GREENFIELD Baneasa is a large residential project with over 7,000 homes and over 17,000 inhabitants upon completion in 2028, located in Sector 1 of the Capital, built sustainably for a better urban future. The project is in the fourth phase of development out of the six planned. Since 2007, the starting year of the works for the first phase of development, until now, GREENFIELD Baneasa has experienced a sustainable development, bringing to the community new infrastructure and new facilities: two private parks, numerous green spaces, playgrounds, convenience stores, Avenor campus with kindergarten, school and high school, GREENFIELD Plaza shopping center and Wellness Club by Greenfield sports center, public transport. As the project progresses and approaches maturity, other new facilities are added such as public school and kindergarten, church, medical clinic, nursery, infrastructure and new access roads.

* In carrying out the analysis, IMPACT used both its own data on acquisition costs, rental income and taxes, as well as data from Global Property Guide and Eurostat.