The second phase of the complex will comprise 840 units, including studio apartments, two-, three- and four-rooms apartments as well as exclusive duplexes – with an estimated investment of over EUR130 million.
The first phase of Nusco City was finalized in the second quarter of 2023 and delivered 622 new homes to the community.
“Nusco City is the largest project in our company’s portfolio. Spread over 23 hectares, Nusco City will accommodate a total of over 3,000 apartments, parks, green areas, and infrastructure, covering approximately 40% of the entire project area. It will also include educational facilities, dedicated commercial zones, and office spaces – showcasing the true magnitude of this urban regeneration project,” says Michele Nusco, CEO of Nusco Imobiliara.
Nusco City was launched in the winter of 2020 and delivered its first phase in second quarter of 2023. Construction works on the second phase are due to begin in the third quarter of 2023, with the first 340 housing units, and is estimated for delivery in the third quarter of 2025. The project’s constructor is the company Pedro Construct.
Nusco Imobiliara’s portfolio includes projects such as Premio – a premium boutique residential complex; CITTA Park residential complex; Nusco Towers office building; Caramfil office building; Floreasca One office building; Floreasca Two office building; Pipera Commercial Park; Nusco City Phase 1; Nusco City Phase 2 – launched and under development; Nusco City Phase 3 – prepared for launch; and the ongoing development of the newest villa complex in the northern part of the capital – Nusco Homes.
Nusco Imobiliara surpassed the milestone of developing over 1,300 apartments, and it has 312 apartments and 121 villas under development in 2023.