SunLake, currently the fastest selling residential complex in Bucharest, developed by Park Properties, has sold over 80 percent of the 12-storey Block A of the first phase of the residential project, in the first six months after the start of construction. The project has a total surface area of over 30,000 sqm and a market value exceeding EUR 40 million and was launched in March this year.
“We have been successfully able to attract a diverse mix of end-buyers, as well as investors in the SunLake project, who have purchased the properties mostly with their own capital. In addition to the high interest from residents located in Sector 2 of the Capital, we are also seeing increased demand from buyers outside Bucharest, from cities such as Constanta, Brasov, Buzău, Craiova, and even Oradea, a city no less than 600 km away, who want easy access to the central and northern part of the capital and to the A2 and A3 highways.”, stated Alexandru Mănăilă, Managing Partner SunLake.
The rapid pace of sales in the first six months has prompted the SunLake team to start sales for the second phase of the project, which consists of the second 12-storey block of a total of three buildings that the project will have upon completion.
“We have already started work on the 8th floor and by the end of the year we will have completed the structural work on the A building. In August we started work on the connecting structure to the B building and we will soon start work on the B building, the second 12-storey tower of SunLake Residence.”, added Alexandru Mănăilă.
