The project will comprise 464 apartments in four buildings and over 500 parking spaces. The first phase, already under construction, is set to be delivered in April 2024.
First Estates Pipera is the first housing project in Romania to offer free heating for all dwellers, being one of the most technologically advanced projects locally: over EUR3 million will be invested in the development and use of an innovative system of geothermal heating pumps and photovoltaic panels.
“We’ve worked a long time with the developer’s teams to identify the best technical solutions that should bring real added value on the market in these challenging times in terms of energy costs. The chosen technologies are an innovation on the local housing market and the project will thus use 100% renewable energy,” stated Andrei Sarbu, CEO of SVN Romania, the real estate consultant and exclusive agent of First Estates Pipera.
The project is located close to some of the most representative office buildings of Pipera and of some top education institutions.
(English version by Catalina Apostoiu)