News Article apartments Bucharest Mircea Cotiga residential Rock Development Romania
by Property Forum | Residential

Romanian company Rock Development has started the construction of the second phase of Avrig Park Residence in Bucharest with an investment budget of €23 million. 


The first completed phase includes 135 apartments, while the second one features 222 apartments. The project will also include 450 parking lots and commercial spaces at the ground floor, while in the underground will be all the parking and storage spaces for all the apartments. 

“Construction started four months ago and we already sold approximately 25% of the 222 apartments. We are trail blazers in Bucur Obor area, which will be a major city real estate pole in the future, and we are confident in the evolution of the residential market in the future,” stated Mircea Cotiga, CEO of Rock Development. 

The company has previously completed a residential project with 434 apartments in Bucharest.