WIN Herăstrău residential project expands
WIN Real Estate begins construction and WIN Brokers launches sales for the last building in the WIN Herăstrău residential complex, located in the Şoseaua Nordului area of the capital. The new building will have a limited number of 50 apartments and commercial spaces.
Given inflation, the war in Ukraine, the post-pandemic effects, the unpredictability of logistics chains, the more careful construction authorization process in Bucharest and other factors, the cost of construction works has increased significantly. To counterbalance these pressures and facilitate access to a wider category of customers, apartments in the new building will be able to be purchased in two ways: a) in the classic system, the full price of the apartment and the land on which the construction is located is paid; b) in a system inspired by Western Europe but for the first time on the Romanian market: the full price of the apartment is paid and the adjusted price of the land on which the construction is located will be paid over a period of 30 years.
The developer anticipates the completion of construction works in February 2027.
Source: Profit.ro