The first stage will include two blocks and 242 apartments and should be completed in the spring of 2024.
The real estate developer has completed another two projects in Bucharest, one in Piata Unirii area, and another one in Timpuri Noi, totalling 323 apartments.
“We are developing the new project in two stages. We’ve started construction works and sales only for the first phase, meaning two blocks and 242 apartments. The first stage will be completed in April 2024,” said Adrian Stoichina, COO Prima Development Group.
Prima Development Group entered Bucharest’s real estate market in 2017. The company sold 640 apartments in 2021 and wants to go beyond 700 units in 2022. By value, Prima Development sold housing units worth RON250 million in 2021, a record high for the company.
(English version by Catalina Apostoiu)