The capital city, undergoing urban transformation—a project supported by REDPORT. Bogdan Gubandru, COO: “Rent and interest can offer similar returns as a percentage of the amount invested, but at maturity, the differences can be significant. The value of an apartment can appreciate, whereas money invested in securities does not appreciate.”
♦ A two-bedroom apartment in The Level Apartments II rents for about 750 euros per month, offering a gross yield of 5.6–6.9%, comparable to the 6.25–7.25% interest rates on Tezaur bonds ♦ The difference lies in appreciation: two-bedroom apartments in The Level Apartments III have appreciated by 18.5–23% compared to their initial average sale price ♦ Relative to the down payment, the return on equity can exceed 100% by the time the project is completed ♦ With inflation at 10.9% in May, the real return on fixed-rate interest is currently negative.
REDPORT and Mobexpert are launching REDPORT Living, a concept under which apartments are delivered with a fully equipped and furnished “made in Romania” kitchen, included in the price
Real estate developer REDPORT and furniture retailer Mobexpert have launched REDPORT Living, a program through which homebuyers in REDPORT projects receive integrated furniture and interior design solutions tailored to each development—ranging from fully equipped kitchens to walk-in closets included in the sale price.
How the VAT increase on new homes has changed the real estate market. “People are paying closer attention to the quality of the project and the developer’s reputation.”
The increase in the VAT rate for new homes from 9% to 21% has significantly altered the real estate market in Romania, at a time when the residential sector was already being affected by inflation, high interest rates, and high construction costs. Experts consulted by “Adevărul” say that the tax measure has led to a slowdown in transactions and a shift in buyer behavior, as buyers are analyzing their purchases more carefully and placing increasing emphasis on the quality of projects, the reliability of developers, and the long-term value of their investments.
The capital, in urban transformation, a project supported by REDPORT. Mix of residential with retail, leisure and hospitality yields above market average
Redport has reached a portfolio with a Gross Development Value (GDV) of over €450 million and is betting on the combination of residential, retail, leisure and hospitality to deliver above average returns.
The largest project in the pipeline, Infinity Nord, developed on over 60,000 sqm in the Dămăroaia-Străulești area, has already signed pre-leases with Auchan and World Class, while the company is preparing the way for its 2028 IPO.
Dan Șucu, the founder of Mobexpert, together with REDPORT, launches a real estate development project near Pantelimon Park and Lake, with 500 apartments, an investment of 50 million euro
"I believe in the power of example and the responsibility we have to raise the standards in real estate and deliver high quality that future generations will appreciate. The Pantelimon area deserves a strong and well-integrated project that emphasizes increasing the quality of life for our future residents, and VITALITY EST is a strategic step in the urban reconstruction that we are undertaking with all our projects," says Dan Șucu, founder and shareholder of Mobexpert Group.
The real estate developer Redport and Dan Șucu, the founder of Mobexpert, launched the Vitality Est showroom and started the construction works of the residential project of the same name, located in the Pantelimon area
The Vitality Est residential project will have three phases and will eventually comprise around 500 homes @ The starting price for a studio apartment will be around 80,000 euro.
The real estate developer Redport, together with entrepreneur Dan Șucu, founder of Mobexpert, launched today the Vitality Est showroom and started the works for the residential project of the same name, located in the Pantelimon area.