News Article Adi Steiner Bucharest Quartier Azuga residential Romania
by Property Forum | Residential

STC Partners has reached a 50% sale rate for the first phase of its residential project Quartier Azuga, which is under development in Bucharest. 

The first phase of the project includes two buildings with a total of 93 apartments, from double studios to 4-room apartments, including apartments with gardens or penthouses. It is slated for completion by mid-2024. 

“Managing to achieve such great results in just 6 months since construction started, gives us even more trust in the project and the wonderful community that we will develop at Quartier Azuga,” said Adi Steiner, Managing Partner of STC Partners. 

Quartier Azuga will follow the sustainability criteria in its development. Around half of the energy requirements for buildings will be covered yearly by renewable energy, which will generate significant savings in gas and electricity bill costs. 

This is the second residential development of STC Partners in Bucharest. The developer has previously completed a boutique project in the central part of the city.