One United Properties to complete the conversion works of the One North building this year

One United Properties will complete the conversion works of the One North office building into apartments this year. The developer One United Properties announced in the fall of 2022 that it would transform one of the two office buildings it owned in northern Bucharest into an apartment block. The gross development value announced at the time was EUR 30 million. The other building was sold last year for EUR 6 million.

The block with the new apartments is expected to be completed in the third quarter of this year. There will be a total of 160 apartments here, of which One United Properties has already sold 78 units.

The price for a studio with an area of 50 square meters is EUR 145,000, for a two-room apartment the price is between EUR 125,000 and 160,000, depending on the area. Three-room apartments have prices between EUR 207,000 and 280,000, and four-room ones cost even EUR 291,000.

Source: economica.net