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AFI Europe Romania starts construction works for residential project, AFI City, with an occupancy rate of 25%

The first phase of the project will be completed in 16 months delivering two buildings totaling 190 residential units.

AFI Europe Romania breaks ground this month for AFI City, the first large scale residential project to be developed by the company in Romania.

TGC was assigned as the General Contractor for the first phase of the project.

The first phase of the construction commenced this June and it will deliver two buildings totaling 190 residential units, served by 228 above ground parking spaces. AFI City’s first construction phase is estimated to be completed in summer of 2019. Once all phases will be completed, the residential project will feature a closed private community surrounded by green areas and sport facilities. In addition AFI City enjoys important advantage of having the Metro station Laminorului located in front of the project

Situated in the North-West part of Bucharest, along the Bucurestii Noi Boulevard, in District 1, the project will include a mix of functional apartments, following an investment of approximately EUR 16 mln. Also, the project which is pre-certified by the Romanian Green Homes Association enjoys green buildings features and will benefit from various facilities thus aiming to become the most beneficial residential deal on Bucharest’s residential real-estate market. AFI City is located on Bucurestii Noi Boulevard in one of the greenest areas of Bucharest, with quick access to the main traffic arteries of the city such as Bucurestii Noi Boulevard, Boulevard Ion Mihalache, Boulevard Poligrafiei and National Road 1 (DN1), as well as to Bazilescu Park and the Straulesti and Grivita lakes.

The commencement of construction marks a milestone in the development of one of our key projects in Romania. When designing AFI City and especially after we observed the lack of quality designed and built projects in Bucharest, we took into consideration the high demand for sustainable and functional residential units. Sales expectations are high and believed to move quickly due to the project’s location and the project’s overall private community design. We are not just talking about the location – which is on high demand nowadays, but also about the benefits of living in a Green Home, in a private community and linked to all ways of public (Laminorului Metro) and private transportation. And most importantly it’s an AFI project assuring excellent quality and guarantee of delivery” said Tal Roma, Business Development Manager, AFI Europe Romania.

Situated in one of the greenest areas in north-west Bucharest, AFI City will provide a secured and modern lifestyle to its residents, along with spacious gardens and playgrounds. Relying on AFI’s approach of building communities, the project will inspire the “at home” feeling, combined with comfort, safety and friendship.

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