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Articles - new residential projects

Vox Vertical Village, awarded BREEAM Excellent – 80.8% highest preliminary certification score for a residential building

Vox Vertical Village Timisoara received this year the BREEAM Excellent Preliminary Certificate for the design stage, thus obtaining the highest score ever awarded to a residential project, 80.8%. This means that the project is extremely environmentally friendly, a rarity for Romania.

The most expensive new apartments in Romania

Even if the year 2020 is influenced by the coronavirus pandemic, the real estate market in Romania has not suffered. House prices are growing steadily, while the number of transactions is growing compared to 2019.

New records on Bucharest’s residential market

The residential market from Bucharest and its surroundings registered in 2020 a new year with record results regarding deliveries. Over 16,000 new residential units could be delivered overall in 2020, thus setting a new local record, according to ”Romania Residential Market Genome 2020” report issued by real estate consultant SVN Romania.

Bucharest residential market, fast recovery

Although the emergency period blocked real estate transactions, including in the residential market, the residential segment recovered rapidly from May, the total number of transactions in the first nine months of 2020 decreased by only 8% compared to the same period of the previous year.

A new residential project with 500 apartments on Şoseaua Gării Căţelu in Bucharest

Dan Şucu, the owner of Mobexpert, the developer of the Arcadia Apartments residential complex, which includes 800 apartments and was developed in partnership with Conarg owner Valentin Vișoiu, intends to develop a new mixed project on a four-hectare plot on Şoseaua Gării Căţelu.

Promoimob Development plans a mixed project in the north-central area of Bucharest

Promoimob Development, a real estate developer owned by two Spanish companies, is planning a new mixed-use real estate project, which will include office and residential components, on a 5,750 sq m plot of land between Ramuri Tei, Glinka Mihail and Barbu Văcărescu streets in the north-central area of Bucharest, near the Kaufland store.

Construction of residential buildings increased by almost 25% in August

Against the background of low costs with medium-term financing, but also of the government program New House, construction works on the residential segment rose in August by almost 25%, according to INS (National Institute of Statstics).

The developer of Orhideea Gardens plans a new project with 300 apartments in the north of Bucharest

The businessman Daniel Piţurlea, the owner of the construction company Concelex, and his family are planning a new residential project in the north Bucharest, on two plots of land with a total area of 24,000 square meters.
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