North Bucharest Investments introduces Avalon Estate, a new project in Bucharest. Discover more in this exclusive interview with Doina Cotoman, part of the "Real Estate" series supported by Proimobil.md and North Bucharest Investments.
Doina, hello! I was confident that Proimobil.md and North Bucharest Investments would come up with some interesting offers for Christmas and New Year. Is Avalon Estate one of them?
Let me ask you first—do you remember the Nusco City project in Bucharest?
Of course! I was there just last month and regretted again not finding the funds to secure an apartment in Nusco. I could have rented it today to someone working at Oracle across the street and had no worries. But at today’s prices, Nusco has skyrocketed. Why are you bringing it up?
Because Avalon Estate is like Nusco was three years ago, with similar pricing. It’s located in the heart of Pipera, just seven minutes from Promenada Mall and seven minutes from Lake Herăstrău. But it offers one unique feature...
What’s that?
You can pay as little as 15% as a down payment when securing an apartment, with the next payment only due upon completion. The maximum down payment is 30%.
How much does a two-room apartment in Avalon Estate cost right now?
Between 120,000 and 130,000 euros, fully finished and furnished. So, with around 20,000 euros, you could make your first investment.
That’s an excellent option for the real estate market. What exactly does Avalon Estate offer?
It’s ideal for those who don’t prefer living in high-rises. The project features low-rise buildings with a wide range of housing options: studios, double studios, 2-room apartments, 3-room apartments, 4-room apartments with park views, duplexes, penthouses, townhouses, and standalone villas.
The first phase included 352 residential units, a central park with a unique landscaping concept, a gym, and a swimming pool. The second phase, currently under development, will add another 153 apartments. Studios are priced at under 100,000 euros.

And what about all the advantages of the Pipera area and northern Bucharest?
I think you could already be part of our team! Beyond the excellent shopping and leisure infrastructure, there are two key factors that significantly impact property value and rental demand. First, it’s close to Bucharest’s most prestigious office buildings. Second, it’s near four top-tier educational institutions: Cambridge School, British School, American International School, and Olga Gudynn International School. When you’re navigating Bucharest traffic to drop your child off at school and then commute to the office, you immediately understand the benefits of living in Pipera, where the city’s most prestigious amenities are within walking distance.
Additionally, Avalon Estate is a self-contained micro-community—a genuine oasis amidst the city’s urban landscape. Projects like this are unique because replicating them later becomes nearly impossible due to the lack of available land in high-end areas.
This makes Avalon Estate a “two-in-one” opportunity for investors. The apartments are perfect both for resale during the construction phase and for long-term rental investments.
Is the developer reliable?
Absolutely. They have extensive experience, having built and managed over 20 retail properties. In residential real estate, they’ve developed more than 1,600 premium homes, specializing in low-density housing projects.
Understood. As always, I’ll share your contact details so those interested can reach out to you directly.
+40 725 893 441 (Romania, WhatsApp)
+373 602 223 94 (Moldova, roaming, Telegram)

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