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Footballer Radu Drăgușin Invests in Quartier Azuga

Footballer Radu Drăgușin Invests in Quartier Azuga

Romanian footballer Radu Drăgușin has joined as an investor in the Quartier Azuga residential complex in Bucharest’s Colentina area. Drăgușin talks about the trust this “green” project inspired and the importance of making smart choices with money.

Interview with Andrei Ștefan, STC Partners: About the completion of the Quartier Azuga project, the nZEB component and the consequences of current costs

Interview with Andrei Ștefan, STC Partners: About the completion of the Quartier Azuga project, the nZEB component and the consequences of current costs

The project’s minimal energy consumption and coverage from environmentally friendly sources leads to a series of multiple benefits for residents: significantly lower maintenance costs (for a 2-bedroom apartment, savings of up to 700-800 EUR can be made in a year when compared to an older unrehabilitated block), preferential interest rates through green loans (for a 100,000 EUR loan over 30 years, financing costs are up to 500 EUR lower per year or 40 EUR per month), superior long-term property value retention (there is immense global and European Union pressure regarding having green/energy efficient residential buildings that will favorably influence the value of these properties over older buildings), and also residents benefit from a healthier environment.

Quartier Azuga – A Model of Energy Efficiency Supported by Developers

Quartier Azuga - A Model of Energy Efficiency Supported by Developers

The Quartier Azuga complex developed by STC Partners will include over 200 apartments with nearly zero energy consumption. The Association of Real Estate Developers supports such projects and proposes legislation for government vouchers for those purchasing or building energy-efficient homes.

Quartier Azuga – Embodiment of a Lifestyle. Award-winning Project at the Romanian Property Awards.

Quartier Azuga - Embodiment of a Lifestyle. Award-winning Project at the Romanian Property Awards.

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!

STC Partners sells 50% of the first phase of Quartier Azuga residential complex

STC Partners sells 50% of the first phase of Quartier Azuga residential complex

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.

STC Partners obtains financing for the first phase of the residential complex Quartier Azuga

STC Partners obtains financing for the first phase of the residential complex 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.

STC Partners begins construction of the first phase of the Quartier Azuga residential complex

STC Partners begins construction of the first phase of the Quartier Azuga residential complex

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.

STC Partners has obtained the building permit for the Quartier Azuga residential complex

STC Partners has obtained the building permit for the Quartier Azuga residential complex

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.

STC Partners launches the development of the Quartier Azuga residential complex

STC Partners launches the development of the Quartier Azuga residential complex, an investment of over 20 million euros

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.

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