STC Partners has kicked off the development of the second phase of residential complex Quartier Azuga in Bucharest, with a planned investment of more than €15 million.
The developer will complete the first phase of the complex in H2 2024 and has already pre-contracted two thirds of the apartments.
In the second phase, STC Partners will develop three buildings with 115 apartments that will be completed by the end of 2025.
The apartments in Quartier Azuga have Green Homes pre-certification and comply with the nZEB standard.
Quartier Azuga is STC Partners’ second project in Bucharest. The company has previously delivered a boutique residential project near the city centre.
