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January 17, 2021
BUSINESS BUSINESS COMPANIES ECONOMY Real Estate

Hagag Development started construction works on H Eliade 9 Residence

Real estate developer HAGAG Development Europe started construction works for its residential project H Eliade 9 Residence. Development budget amounts EUR 16 MLN. 40% of the available units have been already sold in the pre-construction phase.

“H Eliade 9 Residence will certainly become one of the landmark projects of the upper-premium residential segment, not only for its privileged location in the immediate proximity to Vila Lac 1, but also thanks to its amazing and innovative design. The modernist architectural elements, the state-of-the-art facilities of the building, alongside the facilities the area has to offer, the dedicated concierge services or the atrium space, make H Eliade 9 one of the most remarkable buildings in the area. Each apartment is designed in line with the most elegant and contemporary design trends and displays floor-to-ceiling glazed windows, luxuriant finishes and integrated Smart-Home systems. H Eliade 9 Residence is a world-class project and can compete at any time with premium niche developments from the most vibrant cities in the world. In addition to local buyers in Romania, I am confident that this prestigious project will also attract buyers from abroad.”, said Yitzhak Hagag, Chairman and Board Controller of Hagag Group.

Once completed, the project will display a height regime of UG + D + GF + 4F, 35 exclusive apartments of two, three and four rooms, and duplexes of five and six rooms, with surfaces up to 440 square meters, large terraces, English gardens for the basement units and 62 underground parking spaces.

The building will enjoy integrated Smart-Home systems, ventilated facades, central heating and solar panels, individual VRV cooling system for each unit, armoured doors for the apartments’ entrance, CCTV surveillance systems in the common areas, solid wood flooring, frameless filomuro doors, slip-resistance flooring for the kitchen area and aluminium profiles. The use of large glass surfaces is designed to provide an efficient transition from the indoor to the outdoor spaces, offering an abundance of natural light, as well as a feeling of freedom and continuity. Moreover, H Eliade 9 Residence residents will enjoy facilities similar to those available in exclusive hotels, such as an impressive atrium area or dedicated 24/7 concierge services.

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