BREC REGIONAL CITIES: Gran Via continues Marina project in Constanta

BREC REGIONAL CITIES: Gran Via continues Marina project in Constanta

BREC REGIONAL CITIES: Gran Via continues Marina project in Constanta 900 600 BUCHAREST REAL ESTATE CLUB

Spanish-based real estate developer Gran Via, with a portfolio of over 2.000 units delivered in Bucharest, is also investing outside of Bucharest in a large residential scheme located in Constanta.

Aurel Vlaicu boulevard saw a very dynamic evolution in the last 10 years: what it used to be Constanta’s West ring road transformed in the city’s new point of interest. The largest mall in Constanta, Vivo !, a Mobexpert store or the Kaufland hypermarket were opened here. Investments of local authorities in the area have recently been announced: a sports arena with a capacity of 5,000 seats is under construction, while a new park on an area of two hectares is planned. The neighborhood is today a dynamic area that offers a modern lifestyle and a high return on real estate investments on the medium and long term.

Here, Gran Via is building a large residential scheme, that upon finalization will comprise of eight buildings with 1,000 apartments as well as numerous facilities and amenities: kindergarten, green areas, pedestrian walkways, bike paths, children’s playground and swimming pools.

Through the good connection with the city and Mamaia resort, the educational and medical facilities, Gran Via Marina is an option both for young families from Constanta who want to start a new life in a modern apartment and for those who want to buy a home for investment purposes, in a developing- area.

The developer finalized in the spring of 2021 the first phase of the compound, a building with Mediterranean architecture and large terraces. It includes 192 apartments: studios, two and three – rooms, while on the top floor there are duplex apartments. The basement accommodates the parking of the building. In the first phase, the developer has also built an outdoor swimming pool, dedicated exclusively to the residents.

Gran Via has recently started the second phase of the project, a 40 million Euro investment in 500 apartments.

Find out more about the real estate dynamics across the regional cities of Romania: