![News Article Bucharest Nexo Group Pipera Romania Sorin Lăpădatu villas](https://cdn.property-forum.eu//image/articles/18297/1500/romania_villas-806.jpg)
Nexo Group, a Romanian full-service group for real estate development, construction, and housing installations, will invest €10 million in the construction of villas in Pipera area, near northern Bucharest.
The company plans to develop 14 smart villas in the first phase with prices ranging from €440,000 to €1 million.
“We are talking about a complex of smart villas, which has nearby modern facilities and complementary services for adults and children, including kindergartens, tennis and basketball courts, playgrounds, and tartan running tracks around the forest, all harmoniously integrated into - an exceptional natural setting, between two forests. Although the villas will have generous areas, up to 380 sq m each, maintenance costs will be almost non-existent,” said Sorin Lăpădatu, Founder and CEO of Nexo Group.
The villas will have integrated technologies such as ground-water heat pumps, ceiling cooling systems and photovoltaic panels.