Apx Immo purchased land for a new premium residential development in Cotroceni

Apx Immo recently bought a plot of land with an area of 830 sqm from ICD Real Estate, for EUR 1.3 million. The land, located in Cotroceni area will host a new boutique residential compound with 20 new premium apartments, for which the developer will invest over EUR 2 million.

"We are very excited about our expansion in residential projects and we are constantly prospecting the market. We have successfully completed new compounds in areas such as Timpuri Noi, Unirii, Cotroceni, Alba Iulia or Universitate, and this new project will be an exclusive one, located in one of the most beautiful areas in Bucharest and for which we estimate a total investment of 3.5 million euros.”, said the representatives of APX Immo.

This transaction was carried out entirely by the Crosspoint Real Estate team, the residential department consulted the buyer, meanwhile the land department consulted the seller.