Prime Kapital, real estate developer founded by Martin Slabbert and Victor Semionov, launches sales for Phase 2 of the development of Avalon Estate, a residential project developed in the northern area of Bucharest. While work on the basements, foundations and related infrastructure of buildings in Phase 2 was finalized in 2023, completion of the entire phase is estimated for the latter part of next year.
This stage of development includes 3 buildings with varied housing and approximately 800 sqm of boutique commercial space. Since starting work on its first residential project, the developer has delivered 1,600 apartments, townhouses, villas and 2,185 parking spaces in substantial projects in three cities in Romania.