Grigore Gafencu new residential project

SKV Properties, a local company, started the construction of a new residential compound in the Herastrau residential area, an investment of 30 million Euro, according to Mediafax. The building, situated in the proximity of Herastrau Park, on Grigore Gafencu street, will have 11 levels, ground floor and 2 underground levels and will offer 110 apartments with 1-4 bedrooms, 175 parking spots, as well as a SPA center, pool, fitness center, playground for children and security. The prices will vary between 1500 euro/sqm and 2500 euro/sqm (VAT included), depending on which level the apartment is situated, on its view etc. So the prices will start from 139.000 euro for a one bedroom apartment, up to 700.000 euro (VAT included) for a penthouse. This compound might be the largest luxury project in Bucharest after 2008.