Hagag Development Europe to invest 20 million Euro in new residential project in Bucharest

Real estate developer Hagag Development Europe announces new residential project in Bucharest: H Primaverii 1. The investment value is estimated to over 20 million Euro.

Currently in design phase, H Primaverii 1 will rise above a 1,360 sqm of land and showcase, once completed, more than 4,000 square metres GBA of residential units and commercial spaces, to which over 2,000 sqm of underground construction, destined exclusively for parking, are added. The project will encompass 18 residential units and 700 square metres of commercial spaces available at the ground floor, all displayed over a height regime of 2UG + GF + 5F.

“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.