Belgian actual property developer Atenor has began the development of its first luxurious residential challenge in Bucharest, referred to as UP-site.
The challenge is positioned within the northern a part of town (Floreasca space) and includes an funding of EUR 70 million for the development of 270 flats, actual property consultancy firm Knight Frank Romani introduced on Wednesday, April 14.
“The constructing allow was obtained in mid-Might 2020, however within the context of the pandemic generated by COVID-19, the development works couldn’t be began earlier,” mentioned representatives of Knight Frank Romania, which offers with the sale of housing inside the challenge.
UP-site Bucharest will embrace 270 flats in two 12- and 25-story residential buildings, related by a joint floor ground.
The condo costs begin from EUR 114,350 for these with two rooms and might attain EUR 435,952 for 4 rooms or EUR 927,488 for penthouses.
Atenor is a Belgian city actual property improvement firm with European experience listed on the Euronext Change in Brussels.
(Photograph courtesy of the corporate)