MAMAIA BEACH

RESIDENTIAL AND BUSINESS COMPLEX

ROMANIA, CONSTANTA

Investment summary
2017
PERSPECTIVES
 KEY INVESTMENT CONSIDERATIONS
▪ Unique project at the Black Sea littoral
▪ The land positioning in the sea - as a peninsula - brings advantages in terms of
landscape for placement of buildings with mixed functions (hotel, apart-hotel,
residential, business / offices, commercial, health club, parking areas, green
areas, Marina)
▪ Impressive views for
the future buildings –
sea view on 3 sides,
and in the landward
side (S-W) view
towards the biggest
lake of Constanta city
(Tăbăcărie - Siutghiol
Lake) – on the actual
design all the spaces
over the ground level
have visibility to the
sea or to the lake
VIEWS
 ▪ The land is located at the
entrance of Mamaia Resort, on
the border with Constanta city,
Mamaia Resort being the biggest
resort in Romania

▪ Given the new resources discovered in the Black Sea – oil and natural gases, it can
also be developed a business facility, with offices and business hotel for the big oil
companies that will work in the Black Sea on the exploitation
▪ The compact large area of the land is unique in Constanta city – 34.800 sqm
▪ PUZ (Zonal Urban Plan) approved available for a
very big height regime (approx. 150 m), the biggest
from the Black Sea and one of the biggest from
Eastern Europe
▪ Direct access to the existing street structure, from
the main boulevard of Constanta city – Mamaia
Boulevard
▪ The only private land in
Constanta that can have its
own touristic port – existing
coastal structures that can be
arranged with all the facilities
needed for a Marina
▪ Existing coastal structures that
form the future Marina have
been extended and
rehabilitated through a non-
refundable financing program
of the European Union, the
project being finished at the
end of 2015, enlarging the
existing marina

Extension of existing coastal structure

Marina proposal
 CONFIGURATION OF MARINA
CLASS Length (m) Number of boats Distribution (%)
1 <6 52 15.43
2 6 la 8 76 22.55
3 8 la 10 97 28.78
4 10 la 12.5 64 18.99
5 12.5 la 15 20 5.93
6 15 la 20 18 5.34
7 20 la 25 4 1.19
8 25 la 30 4 1.19
9 30 la 35 1 0.3
10 35 la 40 1 0.3
TOTAL   337 100
 ▪ Short distance to the airport, approx. 20 km to Mihail Kogalniceanu airport, and
short distance to the highway that makes the connection with the capital City -
Bucharest, approx. 9 km

▪ The land has access to all utilities (electricity, potable water, sewerage, natural gases,
telephony, internet)
 INTERNATIONAL AIRPORT
MIHAIL KOGĂLNICEANU

E8
7+
BD
BOULEVARD

AU
MAMAIA

RE
VLL
AIC
BLACK SEA

U
AY
H I GHW
A2

BUCHAREST
 CONSTRUCTED SURFACES
Total built area
Sector
(m2)
Hotel 12,750
Retail center 18,278
Health club 2,250
Residential and business building C 21,000
Apart Hotel 12,000
Residential and business building A 30,500
Residential and business building B+D 50,000
Residential and business building E+F 50,000
Underground 99,900
 DESCRIPTION OF FUNCTIONS
▪ Buildings with residential, business and hotel functions. Six very tall buildings
were designed to consist of 17-37 floors.
▪ Mall / retail center. The mall will be located on the coast line and access will
be possible from both the street and the seashore. It will also include a health
club. The mall will be covered with a pedestrian area, also featuring green
areas.
▪ Hotel. The hotel units will share service areas such as reception and hallway,
the restaurant and the bar.
▪ Parking places. Vehicle parking areas are located in part underground, with
the possibility of occupying four levels, three out of which will only be partially
occupied. Access to the parking area will be possible from the street level
through a two-way road. There will be a total of three access points. All
buildings will have direct access to the parking areas.
▪ The apartments. Of the six very tall buildings, five have a predominantly
residential and business function, and include apartments of different sizes
and comfort levels.
 WHY ROMANIA

4,9% 7,3% 18%

Economic Private
Investment
Growth Rate Consumption
2016 compared to 2015
• Romania bundles together some of the most promising
business opportunities the CEE can offer, as one of the most
competitive and dynamic economies in the European Union.

• Overall, Romania’s
macroeconomic situation is one
of the strongest in EU in terms
of real GDP growth, fiscal deficit
and public debt, inflationary
pressures and current account
balance, with positive evolutions
expected by some credit rating
agencies.
Hourly labor costs
• Overall, the hourly labor costs in Romania are around 5
euro/hour, representing 1/5 of EU average in 2015, where
hourly labor costs is 25 euro per hour. By sectors, total labor
costs in Romania are among the lowest in EU, well below
EU28 average in all activity sectors.
Corporate income tax
• The standard corporate income tax rate is 16%.  Also in this case, it
is one of the lowest in Europe, above the average of 22% for EU.
• Dividend income distributed as of 1 January 2016 is subject to 5%
income tax.
• Starting 1st of January 2018 0% tax will be applied to the income
from dividends distributed.
Fiscal incentives
• The government is committed to reducing the tax burden. Starting with
1 January 2017, the VAT rate was lowered to 19%, and it will be
followed by another drop to 18% in 2018. At the same time, the VAT
rates on food items are 9% and on some forms of entertainment is 5%.
It is planed the extension of the 0% VAT for sale of housing, advertising
and inputs in agriculture.
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PROJECT RESOLV CONSULTING

Constanta, Romania, 2017