Local developer City Garden Residence has announced the completion of the second phase of its Bonton Luxury Villas residential complex in Pipera.
This phase introduced 30 new luxury villas, contributing to the project's total of 66 units, which have been completed following an investment of more than €19 million.
The villas have surfaces ranging from 293 to 327 sqm, featuring up to seven rooms, and modern amenities, with an optional interior lift. Each villa also boasts a private garden of up to 200 sqm and a dedicated home office space.
Andrei Cantaragiu, CEO of City Garden Residence, commented on the milestone: "We are delighted to deliver premium homes in one of the most sought-after areas in northern Bucharest."
In addition to direct sales, the developer plans to offer six villas for rent, addressing the robust demand for quality housing in areas with international schools and business centers. This rental strategy is projected to yield an annual return of approximately 8% for investors.
