Hagag Development Europe is investing circa €20m in a new residential scheme in Bucharest, Romania. Currently in the design phase, H Primaverii 1 will rise above a 1,360m² plot of land and offer, once completed, more than 4,000m² GBA. The project will provide 18 residential units and 700m² of commercial spaces available on the ground floor.
“We are excited to introduce to the local market a new, state-of-the-art, upper-premium residential project to be further constructed following the highest standards in real estate developments. The exclusive location, select surroundings and remarkable architecture, complemented by the area’s exceptional facilities secure all premises for H Primaverii 1 to quickly become an iconic residential landmark of Romania’s capital city,” said Yitzhak Hagag, Co-founder and shareholder Hagag Development Europe.
Hagag Development Europe continues its expansion in the Romanian market, remaining one of the most dynamic and prominent investors active on the luxury homes segment. The new project is set to become an iconic living standard, impressing the audience not only with its exceptional location. The proximity to Bordei and King Michael I parks comes as a plus, and the easy access to the city centre, combined with the nearby availability of all the premium facilities of the area have the capability to transform 1 Primaverii boulevard into the most sought-after address in Bucharest.
