Grand Chalet means three stages developed gradually, the company said. The first phase comprises seven buildings with two-room apartments and also includes a series of facilities such as a SPA center, private gardens, electric charging stations, outdoor and indoor children's play areas, outdoor recreation area, but also smart control system and lobby areas for each villa.

"The plan is for each building to be furnished to a minimum four-star standard for customers who want to come to Poiana Brasov and enjoy comfort at the highest level," reads the press release.

ANG Luxury Properties was founded by Alexandru and Nicoleta Manea in 2011. It serves buyers and sellers of luxury properties in the northern area of Bucharest.