Romania is the 12th largest country in Europe. Authentic, Natural and Cultural are the words that best capture the essence of Romania, a dynamic country rich in history, arts and scenic beauty. The combined effects of entry to the E.U. and the economic reform have made the Romanian property market remarkably profitable for investors.
The Royal Residences
The Royal Residences in Balotesti, one of the most sought after neighbourhoods in Bucharest, will present a new destination of choice for the middle to upper class echelons of society in Bucharest.
The proposed mixed use development will consist of large and medium sized detached villas, semi-detached villas, as well as luxurious apartments. The total sellable area is 154,669 sqm with a total of 907 residential units and 4 commercial buildings available. Optimum use of the land has been made in order to ensure that premium residential units have direct views onto the forest and lake.
Residences of the development will be spoilt for choice in terms of facilities and services available to them. These will include both functional services as well as recreational services.
The project is 5 minutes from the Otopeni airport and 15 minutes from the city having an easy commute to the centre of Bucharest.
Bucharest itself is a dynamic city with over 60% of its total population having the age between 20-59 years, which is a significant proportion for the age group that has the highest purchasing power. Numerous multinational blue-chip companies have their European and Romanian HQs in Bucharest and the surrounding counties including Microsoft, Vodafone, Orange, Philip Morris, Carrefour, Kraft and IKEA.