
North Bucharest Investments presents a new unprecedented project in Bucharest - ELIE SAAB Towers. Details - in the interview with Doina Cotoman. Real Estate section with the support of Proimobil.md and North Bucharest Investments.
Hello,Doina. So, fall has come and "the heat has started" in Romanian investment real estate.
Well, there has not been such an offer in Bucharest yet, no wonder Forbes wrote only about the start of the project.
Why is there such a rush?
The thing is that apartments from ELIE SAAB Towers have finally gone on sale.
SAAB? I know a Swedish brand that produced fighter jets and cars. Have they taken up real estate in Bucharest?
No. Elie Saab is the son of a famous haute couture designer, a native of Lebanon. He already has completed real estate projects in Dubai, Qatar, Cairo and London.
And now Bucharest?
Yes. Construction has begun in the north of Bucharest, in Benyasa. Ten minutes to the airport, near the Promenade mall and Banyasa Mall and all the necessary infrastructure. Although, if we talk about infrastructure, then we need to talk about the project. Benyasa, as a district, is already well known. But the infrastructure of the project itself is really outstanding.
I'm counting off my fingers.
Restaurant, lounge bar, fitness "inside". The kids' club is inside. Outdoor restaurant, outdoor cinema. Cleaning in the apartment, room service, even massage in the apartment, and it is clear that the a la carte restaurant is in the apartment. Plumbing in apartments - Villeroy & Boch. You can order an author's design. It is clear that the apartments are rented ready-made, just bring the furniture, so it can be ordered according to the author's projects.
Doina, take pause! How much does "this space" cost?
If we are speaking about penthouses, then the price per meter starts from 13,000 euros.
Let's skip the penthouses for now. How much does an "investment" apartment in ELIE SAAB Towers cost?
Depending on the floor – 4000-5000 euros, and these are the prices now, the presale. The two-room apartment has an area of 107 square meters and a large balcony, from 12 to 45 meters. Three-room apartments have balconies up to 80-90 meters. But the advance payment and payment schedule are very comfortable.
Is the advance 20%?
No, 15%. 60,000 euros. And then installment payments for two years.
Is the project due in two years?
The project will be completed at the end of 2025. At the same time, according to forecasts, the cost of daily rent of apartments will start from 200 euros, I forgot to mention the pool and spa. This will be the most "luxury" project in Bucharest, and you know how greedy for luxury are the people in Romania. This is a guideline for those who are planning long-term investments. If we talk about investments for a short period of time, for the period of construction, then there are forecasts of a twofold increase in prices. Forecasts are forecasts, but we will definitely see 20% per annum in this project.
I think I should give you your phone number. Everybody will want to know all the details of such a project.
You know I work seven days a week, leave my number…
Doina Cotoman's contacts:
+40725 893 441 Romania and WhatsApp
+37360222394 Moldova, roaming, Telegram