Monthly sales were of EUR383,000 on average, meaning four apartments sold per month. The best selling were three-room apartments and the compound still has 129 two-room apartments, 155 three-room apartments and 28 four-room apartments for sale out of a total of 765 apartments, Premier Estate, the agency handling the sale of property in Asmita Gardens, said in a press release Thursday.
The compound still has nearly 41% apartments for sale and sales in the first half of the year amounted to EUR2.3 million. Prices vary between EUR1,022/square meter and EUR1,070/sqm depending on the size and type of apartment.
Asmita Gardens consists of seven high-rises with up to 25 floors and is one of the largest residential projects in Romania. The compound entered insolvency in November 2011, at the request of Alpha Bank, which had lent the developer EUR70 million.