Romanian construction group Bog’Art has completed the development of its own luxury residential project Art City in northern Bucharest, which is valued at more than €20 million.
The project features 141 apartments, 500 sqm of commercial spaces and 180 parking spots. It has already received the BREEAM Excellent sustainable certification.
“The middle-upper market segment still presents numerous opportunities, and we will see new investments in this segment in the near future,” stated Viorel Mohorea, Condominium Sales Manager SVN Romania, the real estate consultant and exclusive agent of Art City.
The developer said that 90% of the apartments have already been sold. The homes include smart systems, while the lobby of the project will have its own art gallery.