Cordia Romania, a member company of the Futureal group, announces that it has obtained the occupancy permit for the second phase of Parcului20, the residential project developed in Expoziției area in northern Bucharest.
“Obtaining the occupancy permit for Parcului20’s second phase represents, for Cordia Romania, the achievement of an important milestone. The project’s success regarding sales, both in the ranks of end-users and portfolio investors, showed us that the way in which we developed this project, sustainable and focused on the requirements of buyers and the local community, was perfectly adapted to the evolution of the residential market in Bucharest over the past four years,” said Mauricio Mesa Gomez, Country Manager of Cordia Romania and Spain.
“An important percentage of the apartments were sold to portfolio investors, who buy to rent, especially during 2022, when inflation rose significantly, and this demonstrates that we brought on the market a residential product which generates a good return on investment and preserves the value of money. We are now preparing our new residential projects in Bucharest, which we will develop according to the same principles of sustainability, energy efficiency and care for residents and communities,” he added.