The expansion marks a repositioning of the developer in the affordable premium segment in Constanta, as the residential market in Romania’s main port city is experiencing sustained growth. Launch prices start at EUR69,543 plus VAT for 52 square meter studios and go up to EUR125,981 plus VAT for three-room apartments of almost 100 square meters.
“The area where we are developing this complex is increasingly emerging as a premium residential hub. The expansion of Boreal Plus consolidates the company’s position on the local market,” says Dan Sebastian Câmpeanu, CEO of IMPACT Developer & Contractor.
The first phase of the Boreal Plus project, launched in 2020, included 18 houses and 209 apartments, with an 85% take-up rate for the units in the apartment buildings. The commercial result of the first stage prompted the developer to accelerate the launch of the second phase, adapted to the feedback received from current residents.
The project stands out due to its location in northern Constanta, a rapidly developing residential area with quick access to the city center and the coast.
The apartments on the upper floors come with a view to Lake Siutghiol and the Black Sea, an important competitive advantage on the local market.
(English version by Loredana Fratila-Cristescu)