Projects. Pipera continues to attract large real estate investments.
The Turkish company Pelican Com is negotiating the purchase of two hectares of land in this area, for which it could pay about 40 million euro. Here, the Turks intend to build a residential complex. "The price in the area is around 2,000 euros per square metre. We want to build about 450 apartments in 20 properties with low heights", said the sales director of the company, Kutsal Durace. Currently, the company develops the residential compound Atlantis, near the Pantelimon road from Bucharest, composed of four blocks of 11 stores, totaling 134 apartments with three bedrooms. The apartments have a constructed area of 113-132 square meters and are costing 1,630 euros / useful sqm without VAT.
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