Andrei Mihai Costescu prepares premium residential project in the north of Bucharest

25 July 2024

The entrepreneur Andrei Mihai Costescu, the owner of the investment fund specialized in technology and cryptocurrencies Jeco Capital, is preparing his entry into the real estate market through a block with 71 premium apartments, located across the street from the famous “Doi Cocoși” restaurant, in the north of Bucharest, on a land with an area of 2,169 sqm.

Andrei Mihai Costescu’s company plans to build on this land a block with 3 basements dedicated to parking, a high ground floor and 11 floors, which would include 71 premium apartments.

“The proposed building will house 2 bedroom studio apartments, 2 and 3 bedroom apartments and 4 or 5 bedroom duplexes. Two retail showroom-type spaces will be set up on the upper ground floor. The necessary parking spaces will be arranged on the ground level and within the 3 basements,” the project carried out by Metrik Architecture office states.
The investment will be executed from own funds and is estimated at around EUR 6.3 million.

Source: Profit.ro

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