Redport Capital announces 40% pre-sales of The Level Apartments Phase III

The Level Apartments, the first urban development project built by Redport Capital in the Străulești area, has reached 40 percent of signed pre-contracts of the total number of apartments in Phase III, even before the start of construction. Conceived as a smart and sustainable residential complex, the entire project is developed in four phases, with a total of 600 units and a total investment of EUR 60 million. Construction started in 2017, and by the beginning of this year the first two phases were successfully delivered to the new owners.

The value of the investment in this phase exceeds EUR 12 million, with the construction to be started in the fall of this year. The built-up area above ground is over 10,000 sqm and offers a total of 105 studios, two, three and, a first for the project, four-bedroom apartments. In addition, the area of the balconies alone reaches almost 2,000 sqm. The complex has 118 underground and above-ground parking spaces, as well as over 500 sqm of commercial and service area, which will serve both future residents and other residents of the neighborhood.

"Achieving this important threshold of 40 percent pre-sales of Phase III of The Level Apartments project even before the start of construction, is a concrete proof of the customers interest for the quality of our products and for our vision to transform the Străulești area in a reference residential development pole. The need for ever-higher living standards is a reality we understand, that's why we're committed to exceeding expectations and constantly evolving, and every project we develop is an opportunity to innovate and make significant improvements. We are proud to have been able to build a community around this project and provide added value to the residents of the area. In the future, we will dedicate ourselves to our goal of delivering excellence in residential development and creating a special living environment for all those who choose the products of the Redport group," says Cosmin Savu-Cristescu, Managing Director, Redport Capital.

The fourth phase of The Level Apartments project is expected to be launched by the end of next year and will include approximately 275 apartments, with an investment of EUR 28 million.