AFI Europe Romania starts construction works for AFI City residential project

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AFI Europe Romania has kicked off the construction works for AFI City this month, the company’s first large-scale residential project in Romania. The project already has a 25% occupancy rate.

TGC is the general constructor for the first phase of the project, which is scheduled to end in 16 months (more precisely in the summer of next year) and involves the delivery of two buildings with 190 apartments, served by 228 aboveground parking lots.

The residential project will comprise a private community, surrounded by green areas, facilities for sports activities and playgrounds. AFI City benefits of the proximity to the Laminorului tube station.

Located in northwestern Bucharest, on Bucurestii Noi Boulevard in district 1, the project will include several types of apartments which are are focusing on the functionality of the space. The investment mounts to EUR 16 million.

At the same time, the project that entered the Pre-Certification phase as Green Project in April this year, will also encompass elements of sustainability of the buildings.

AFI City will provide easy access to the main routes from Bucharest, such as Bucurestii Noi Blvd, Ion Mihalache Blvd, Poligrafiei Blvd and DN 1, and it will be also near Bazilescu Park and Straulesti and Grivita lakes.

The start of the construction works is a benchmark for the development of one of our key projects in Romania. When we designed the AFI City concept, we considered the high demand for sustainable and functional apartments. The sales expectations are high and we believe there is going to be a growing interest due to the location of the project and due to its concept of private community,” said Tal Roma, Business Development Manager AFI Europe Romania.

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