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Bogdan Nitulescu, Tremend
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Cordia Romania receives building permit for Parcului20 residential project

Cordia Romania, Futureal Group`s residential development division, received the building permit for Parcului20 condominium, developed by the company in Expozitiei area, North Bucharest, on Parcului street.

2018-12-17 13:52:11

The condominium, that includes two residential buildings, each with one floor below ground and 11 floors above ground, represents a 40-million-euro investment, to be implemented in two to three years' time. Parcului20 will be developed in two phases and will feature a total of 469 apartments. The construction works for the first 260 apartments will start in January 2019.

The 469 apartments in Parcului20 are designed for the medium and medium-high segment of the market and will be available in 30 different configurations, from studios and two-room apartments to five-room duplex apartments.

The construction of the first 260 apartments will be finished by September 2020, and the second phase will be delivered eight to 12 months later.

Cordia Romania has recently announced a 50-million-euro investment plan for 2019. The company intends to develop, in the coming years, 500 medium and medium-high apartments annually.

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