The safest lifetime investment in uncertain times

Sustainability, with an emphasis on durability, is a priority when it comes to purchasing goods. The quality-price ratio is also an important element, which influences decision-making, and the emotional perspective attributed to the basic goal, make an apartment, a future home, where a family will live their life story and a link with future generations. Although there are expectations that the real estate market will lower prices, there are various counter-arguments, but especially, there are strong arguments that in some areas, such as the Expozitiei, in the coming years, prices will rise considerably, which opens the investment appetite.

The situation on the real estate market

In uncertain times, caused by the covid-19 pandemic, people interested in buying an apartment manifests two behaviors:

– Changing the investment perspective, from the allocation of a fixed budget, to the availability to allocate a larger budget, towards an aspirational location, a higher quality housing, with increased comfort and a superior living context;

– A longer period of prospecting, with a reluctance to buy immediately, behavior based on expectations of falling prices.

The pandemic has taught us that health is the most important and that self-care must be a priority. Also during this period of isolation, people realized how well the house they live in fits them: if they have enough space, if each family member can carry out their educational, lucrative and relaxing activities under the same roof and if they have a living context that ensures their comfort, tranquility and the necessary facilities in a city in continuous development.

Therefore, the interest of some consumers is directed to apartments with a larger terrace, with garden, but also to apartments with several rooms, in order to organize an office for remote work.

Real estate experts explained that the price of new apartments in Bucharest is unlikely to fall, due to the demand of a city that attracts new residents annually and the consequent rise in construction prices, caused by low human resources and rising prices of constructon materials.

In times when no institution guarantees the security of your money, real estate is the best and safest lifetime investment, especially in developing areas, where prices will certainly rise in the next 2 years.

The Exhibition Area is the strongest magnet for the investments of famous businessmen

The investment capital of some of the most influential Romanian businessmen transforms the Expoziției area into a premium real estate pole, with homes and offices at international standards. The process of transforming into a real „Manhattan” of Bucharest translates into investments of billions of euros and tens of thousands of people who will work and live in this emerging location on the local real estate market.

The real estate development activity is led by well-known businessmen, who have felt in advance the high potential of the area. Accessibility, the proximity to the largest park in Romania and the proximity to the new metro line that would connect the city center with Otopeni, are some of the strongest arguments for the sustainable growth of the area.

Millionaires Gheorghe Iaciu, Ion Țiriac, Iulian Dascălu, George Copos and Dan Șucu are already working on offices and homes or are planning massive development projects for the coming years. A grandiose project aims to transform the Romexpo center following phased investments, which could reach almost 3 billion euros.

14 towers, with a height of up to 42 floors, houses and a mall, could be built inside Romexpo, on the land of about 33 hectares, which belongs to the Romanian state. The company Romexpo SA initiated a Zonal Urban Plan through which it showed its intention to carry out the project, and it has already received an opportunity notice from the Capital City Hall. The large-scale complex to be built is multifunctional and will include homes, malls, offices, hotels, markets, exhibition spaces, museums and public gardens.

What to consider when making a lifetime investment

Buying a home is a financial and especially a family investment. It is a unique good that makes the Home for your family and a heritage you leave to the next generation. Therefore, to make sure you make a wise decision, consider a few tips:

– Focus on areas with a development perspective

In the context of accelerated development, the Expoziției Area is a point of interest, both for housing and for investment. Slowly but surely, Bucharest is a metropolis in the true sense of the word, and will have an area of ​​skyscrapers, like New York, where Manhattan, the area with skyscrapers, concentrates business centers, cultural centers and natural recreation space.

Luxuria Residence completed the first phase of the project, being the first residential complex to deliver new, premium apartments in the Exhibition area in 2020. Those interested in a life in the new center of Bucharest have the opportunity to choose from available apartments, with immediate delivery: studios, 2, 3, 4 or 5 room apartments.

– Choose a sustainable assembly, BREEAM Excellent certified  

LUXURY Residence is the first residential complex in Bucharest undergoing BREEAM certification, being from the beginning designed to be included in energy class A and in the category of „green buildings”.

BREEAM means sustainable buildings, which increase the well-being of the people who live and / or work in them and also contribute to the protection of the environment. In order to obtain this certification, from the initial stage of design and construction of the Luxuria Residence complex, sustainability strategies and an integrated design (intelligent design, special materials for increased energy comfort, optimal partitions) have been adopted, which have a low consumption of energy.

– Analyze the facilities offered

Although we do not want to, the prospect of a new period of isolation exists, which activates the desire to have a small recreation area near the house. In Luxuria, you have japanese gardens and artesian wells, a lounge for residents, where you can retire to work in peace and fitness centers to maintain a healthy lifestyle. Exclusively underground car parks provide extra security, especially for children, and the playgrounds, park and theme gardens provide a setting conducive to a memorable childhood.

A home is a good lifetime investment, being a legacy left to future generations, which bears the family imprint and contributes to the self-esteem of its members. Considering the projects that will transform the Expozitiei area into the New Manhattan of Bucharest, the apartment prices will certainly increase in the next 2-3 years, which increases the interest for the ready-built apartments.

Fill in the form below, come to the viewing and feel the perspective of a premium home, which validates your personality and vision to live in style.

• Studio prices from 99,497 Eur + VAT;
• 2 rooms – prices from 129,431 Eur + VAT;
• 2 rooms + Office from 140,404 Eur + VAT;
• 3 rooms from 167,533 Eur + VAT;
• 4 rooms from 225,189 Eur + VAT;
• 5 rooms – price on request.