Home International Company Avalon Estate has been issued the Zonal Urban Plan
Avalon Estate has been issued the Zonal Urban Plan

Avalon Estate has been issued the Zonal Urban Plan

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The project includes 104 townhouses, 16 villas, 54 parkview and 572 urban apartments

Prime Kapital announces the approval of the PUZ for Avalon Estate, the largest residential project in the Pipera area. Developed on a 8.1 hectares plot, it encompasses 746 varied design units, a private club with garden, swimming pool, restaurant, two fitness studios and retail spaces. The low-density development with a maximum height of 4 floors, underground and covered parking, exclusive pedestrian areas, unique design and attention to detail are just some of the differentiators of Avalon Estate compared to other residential projects.

More than a third of the total land area is designated to green and leisure areas. Moreover, the concept includes gardens for all types of units: the villas’ design feature generous private garden areas, the townhouses come with gardens and private terraces, and the apartments have terraces and gardens.

Avalon Estate is easily accessible from Barbu Vacarescu Boulevard, Calea Floreasca and Dimitrie Pompeiu Boulevard, the routes for the main office hub in Bucharest.

Currently, interested buyers who missed out on the exclusive pre-sales offering have been included on a waiting list. Prime Kapital recently announced that it will apply for a single building permit for the entire project, instead of phases in order to accelerate construction in line with demand and sales.

Construction will commence soon, and first deliveries will already happen in 2020. Unlike the typical approach in developments, Prime Kapital will build the necessary infrastructure for the entire project, upfront, upon receiving the building permit.

„With its location, size, quality and community services, Avalon Estate sets a new living standard, near northern Bucharest’s office hub, built around the concept of community. The entire development has been designed to the smallest details, and the green area works have started as early as 2018. This is a development that we want our clients to see and experience in real life and are looking forward to launch the show units in 2020.”, said Maggie Kitshoff, Residential & Office Managing Director Prime Kapital.

About Prime Kapital

Prime Kapital is an important developer, investor and operator, active in Central and Eastern Europe. The founders of the business have been active on the real estate market in Romania and in the region for more than a decade and have an unparalleled reputation for the long-term quality and sustainability of their development projects. Prime Kapital has a broad presence on the Romanian market and is vertically integrated with a team of more than 200 real estate specialists, combining multi-disciplinary skills and covering the entire value chain, specific to real estate developments, from the acquisition, design and construction of projects to rental, sale and administration of property.

For more details, visit: www.marmuraresidence.ro and www.primekapital.com

Press Contact: Sorin Barariu, Account Manager, Oxygen PR sorin.barariu@oxygenpr.ro, 0723 219 271