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Quartier Azuga – Award-Winning Project for Sustainable Residential Development! Energy from renewable sources, reduced gas and electricity bills, and numerous other benefits in an energy-efficient housing complex. Discover how the STC Partners team brought innovation and sustainability to a successful project at the Romanian Property Awards!

Quartier Azuga Residential Complex, located in the Doamna Ghica area, has caught the attention of families and investors seeking high-quality apartments. With an outstanding array of benefits and competitive prices, the project has achieved remarkable sales results in a short period, solidifying trust in the complex and the emerging community within Quartier Azuga.

Real estate developer STC Partners obtains bank financing from Banca Transilvania for the development of the first phase of the residential complex Quartier Azuga, located in the Doamna Ghica area, worth 6 million Euros.

The first phase of the project will comprise two buildings with 93 apartments, from double studios to 4-bedroom apartments, and will be completed in the first half of 2024. Launched in August this year, the first phase of the project is sold in proportion of 30% with certain types of units already fully sold.

The sales of the Quartier Azuga project will be handled exclusively by the real estate consulting company Crosspoint Real Estate.

In the past, STC Partners also developed Quartier Gramont, a boutique project located near the Palace of Parliament, completed and fully sold in 2021.

Quartier Azuga, located in the Doamna Ghica area of ​​Bucharest, initiated the pre-sales process this summer and has already reserved over 25% of the apartments in the first phase. “We are delighted with how appreciated our project is in the market and we expect that with the start of construction, planned for November of this year, that the interest of our potential customers will continue on an upward trend.

The customers who have made reservations are in their vast majority final customers, who purchase with the intention of becoming residents within the complex, but there is also good interest from profile investors”, explains Adi Steiner, Managing Partner, STC Partners.

The real estate developer STC Partners launches the residential project Quartier Azuga with more than 200 apartments and an investment of more than 20 million euros. The complex, located in the Doamna Ghica area of ​​Bucharest, will be built in two phases, with a total of five buildings.

STC Partners, which previously developed Quartier Gramont, a project located near the Palace of Parliament, completed and fully sold in 2021, will start construction on Quartier Azuga this fall, with the construction of the first phase.