Spanish developer Gran Via Real Estate recorded more than expected results in the first year of the COVID-19 pandemic. Thus, despite a two-month lockdown, the company traded 478 residential units, with a total value of EUR 44.2 mln.
This year, the company will deliver the fourth phase of the Timișoara 58 project and the first phase of Gran Via Marina in Constanța. The Gran Via Park project is under construction, and the company plans to launch new phases at Aviației Apartments and Gran Via Marina, as well as a new project in Bucharest.
“Although we faced two months of total blockage in the spring, we managed to recover during the year, reaching a monthly average of 47 apartments sold. The best-selling were the two-room units, for which we had the largest stock, but the demand for three-room apartments exceeded the stock we had, “says Ana Maria Nemțanu, sales director of Gran Via Romania.