The developer sold more than 700 units at the seaside, in mountain resorts and in Bucharest, 571 properties on the Black Sea coast alone. The largest single client investment made in 2021 exceeds RON6 million.
Nordis Group has four construction sites in progress at the moment.
Of the clients who have bought apartments, 86% also have other real estate investments, and 53% of them own another holiday home, Nordis representatives say.
“Looking at last year’s figures, I see that we are in one of the best times of the premium real estate market in Romania, and the trend is upwards. The country’s tourist resorts are still the most sought after, and the new law on the application of the low VAT rate of 5% for housing is an opportunity that many Romanians have been waiting for to buy an apartment,” Nordis Group Sales Manager Florin Postoaca said.
The group, founded by Emanuel Postoaca, is made up of seven entities: Nordis Development, Nordis Construct, Nordis Architecture, Nordis Hotels, Nobileo (member of Nordis Group), Nordis Travel and Nordis Property Management.
(English version by Loredana Fratila-Cristescu)