SPEEDWELL launches the sales for GLENWOOD ESTATE, a new premium villa project near Bucharest, in Corbeanca featuring a total of 209 villas, 50 of them being built in Phase One. The construction works are estimated to kick off in spring, with first units to be delivered early 2025. The initial stage of the project will require a EUR 21 million investment, while the total value is estimated at EUR 94 million.
Located in Corbeanca, a privileged area surrounded by greenery, the ensemble will be developed on a 14-hectare land plot that has direct access and visibility to the Ostratu Lake, just a few kilometres away from the Capital. GLENWOOD ESTATE is a safe, gated community that includes a mix of premium standalone villas, with low height regime enveloped in lush greenery – wide, enclosed gardens, and public parks. The design is another factor that makes the project stand out. Inspired by organic shapes, the concept features slow bended private streets, footpaths made for pedestrian use, bike lanes, natural colours and materials, all brought out by special lighting.
“We are excited to extend our residential portfolio nearby Bucharest, in Corbeanca, by building GLENWOOD ESTATE, a project for families and professionals that yearn for a quiet and natural environment close to the busy life of the capital city. The new complex of villas will be swiftly integrated within the existing community and this comes with access to a wide selection of facilities and open green areas. All villas will have direct access and openness to the Ostratu Lake, which adds tremendous value to the life of the future residents. We are starting the sales for the new homes and we are confident to deliver the first ones by 2025,” said Didier Balcaen, CEO and Co-Founder of SPEEDWELL
The GLENWOOD ESTATE villas will be built on plots of 322 to 557 sqm, with net surfaces ranging from 140 to 220 sqm, with 4 to 5 rooms. The concept of the new development is in line with the SPEEDWELL’s primary goal of improving the health and well-being of customers and communities. GLENWOOD ESTATE will be further developed under the Green Homes standards.
