Property developer STC Partners has obtained the building permit for both phases of the Quartier Azuga residential complex, along with the Green Homes pre-certification and will start construction works for the first phase this autumn.
The development of the first phase will be completed in the first half of 2024, followed by the second phase in parallel, with a deadline for completion of the entire project in early 2025.
“We estimate that the first phase will be sold out during the next year, considering the benefits of the project and the high interest shown by the customers," says Alin Popa, Business Development Director, Residential, at property consultancy Crosspoint Real Estate, the exclusive sales partner of the project.
STC Partners has previously completed a boutique residential project in Bucharest.