One United Properties obtains the building permit for One Lake Club residential project

One United Properties has obtained the building permit for One Lake Club, a premium development with over 600 apartments, located on the shores of Lake Tei in Bucharest. The gross development value (GDV) is 219.4 million euros, and the compound is estimated to be completed during 2025.

“Enjoying an exceptional location, right on the shore of Lake Tei, One Lake Club is part of the large-scale developments we set out to deliver and, at the same time, confirms the company’s objective to to revitalize high-potential locations in Bucharest and to create real communities. This development is one of the largest urban regenerations in the city, a development that will integrate residential towers with modern apartments and commercial and leisure facilities. The comfort of home will be well defined at One Lake Club through the spacious apartments, unique lake views, sustainable building principles, innovative design, as well as many integrated services for One community”, says Beatrice Dumitrașcu, CEO Residential Division One United Properties.

One Lake Club will offer a total of 663 apartments, both studios and one-, two-, three- or four-bedroom apartments. In addition, the development also offers a collection of apartments with private gardens and spacious penthouses with high ceilings, floor-to-ceiling windows and panoramic views of the lake, park, and city. 10 commercial spaces and a total of 853 parking spaces will complete the development. Future residents will have access to integrated facilities such as shopping areas, swimming pool, spa, gym, or brasserie. One Lake Club has a gross building area of ​​approximately 75,260 sqm. The options to access the residential units are either 100 percent advance payment, or 5 equal instalments of 20 percent or 2 instalments of 30 percent and 70 percent on delivery.