Local real estate developer Camicna Development started the construction of Acmanic, a boutique luxury residential project worth EUR 25 million, which proposes a small community, totalling only 51 apartments, consisting entirely of duplexes of over 120 sqm each, with spacious terraces and gardens.
The project is in Iancu Nicolae area from northern Bucharest, next to Baneasa forest and in the immediate vicinity of Mark Twain high school and Cambridge School of Bucharest. The 51 duplexes will be part of two buildings with three floors each.
”Bucharest’s luxury residential market is going through its best period in history, with a market share of 4.6 percent of the new offer under development, i.e., over 1.500 premium and luxury homes under construction, a record for the segment. Acmanic’s location, next to Baneasa forest, is among the last available in Iancu Nicolae area, the first luxury residential pole of the city, and the proximity to two prestigious educational institutions is an asset,” stated Andrei Sarbu, CEO SVN Romania, the consultant of the project
Every residential unit will be surrounded by gardens and green areas with a total surface of over 3,000 sqm. The delivery date of the projects is set for the fourth quarter from 2023.
