EUR 9 mln residential project to be built near Bucharest

Newsroom 06/11/2014 | 15:14

Kape Premium Imobiliare – a residential developer active in France and Italy – is investing approximately EUR 9 million in building 100 villas in Frumusani, south-east of Bucharest, according to Premier Estate, the project’s agent.

Residence du Lac is developed on 12 ha of land some 28 km from the capital’s downtown. The project will be built in four phases and should be completed in 2017. The first 23 villas as well as two pools, playground areas and sports areas will be completed by September next year.
Prospective buyers can choose from three types of villas with carpet areas of between 80 sqm and 120 sqm. The villas are located on plots of land of between 700 sqm and 1,200 sqm.

Vitalis Consulting is responsible for the project management.