about us | newsletter | contact | archive | members area
Gheorghe Ciubotaru, Electroalfa
We are witnessing a continuous process of adaptation to the mechanisms in the market»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

DVD Residential Imobiliare launches Arcadia Apartments Domenii following a total investment of 100 million Euro

DVD Residential Imobiliare starts the construction of the first large residential complex in Domenii area from Bucharest. Arcadia Apartments Domenii will be built in three stages and approximately 800 apartments are to be developed in three years with a total investment of 100 million Euro, a press release shows.

2017-09-26 14:20:47

The first construction phase consists of a 2S + P + 5E + 6-7R building with 193 studio units, two, three and four-room apartments, penthouses and duplexes and 240 totally underground parking spots.

Prices start from 70,000 Euro + VAT for a studio and they reach 265,000 Euro + VAT for a penthouse.

The second phase is scheduled to begin at the latest in the first half of next year and involves the construction of two 2S + GF + 5E + 6-7R buildings with a total of 235 apartments and 300 underground parking spots. The third phase will include apartment buildings and a commercial area.

The total value of the Arcadia Apartments Domenii project is estimated at around 100 million Euro, of which 18 million Euro was the cost of acquiring the land plot. The investment is made by DVD Residential Imobiliare, whose majority shareholders are Dan Sucu (owner of Mobexpert Group) and Valentin Visoiu (owner of Conarg Group).

The development of Arcadia Apartments Domenii is provided by Conadi, the company which is also the exclusive sales representative for the project. The general contractor is Conarg AG, and the overall design is done by K-Box Construction & Design and Colbax Engineering.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  9282 Views
Daily Info
Groupe Renault launches energy stationary system from electric vehicle batteries in Europe

Groupe Renault announced today the launch of Advanced Battery Storage, a stationary storage system for energy developed exclusively from EV batteries.

Crosspoint assisted land transaction for 8,000 sqm residential project in Bucharest

The real estate consultancy company Crosspoint Real Estate has assisted the sale of a land plot by a private investor to an entrepreneurial group with full Romanian ownership....

Fondul Proprietatea concerned about draft proposing exemption of state-owned companies from corporate governance

Fondul Proprietatea expresses significant concerns about a new legal draft, currently discussed in the Commitees of the Chamber of Deputies, which proposes the exemption of 10...

President Iohannis to attend UN General Assembly in New York

Romanian president Klaus Iohannis will be in New York until Friday to attend the 73rd General Assembly of the United Nations.

Coldwer Banker Romania appoints Georgia Cailean as new CEO

Coldwell Banker Romania has appointed Georgia Cailean as new CEO. Georgia Cailean is a member of the Royal Institution of Chartered Surveyors, specializing in Corporate Real E...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
New Government reshuffle in Romania to take place in October

A new reshuffle of the Government is supposed to take place in early October, according to the Socialist-Democrat Party (PSD) Liviu Dragnea. He said that, together with the...

Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar. ...

1 Comment

President Iohannis to attend UN General Assembly in New York

Romanian president Klaus Iohannis will be in New York until Friday to attend the 73rd General Assembly of the United Nations.

Ambassador Klemm: Women are directly affected by digital exclusion

Women are directly affected by digital exclusion, US Ambassador to Bucharest Hans Klemm said Monday at the opening of the Digital Romania International Forum.

President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, ...

President Iohannis to hold CSAT meeting on September 4 for budget revision

Romanian president Klaus Iohannis has summoned on September 4 the members of the Supreme Council of National Defence (CSAT) to approve the budget revisions for institutions...

1 Comment

Fondul Proprietatea concerned about draft proposing exemption of state-owned companies from corporate governance

Fondul Proprietatea expresses significant concerns about a new legal draft, currently discussed in the Commitees of the Chamber of Deputies, which proposes the exemption of...