Voicu owned the land for this project for several years and considered it is a good moment to start the works as the level of the construction costs is lower, and „ the trust in real the estate market redefines stably, but safely“.
„The interests are low for the moment, so on average I don’t think some could get more than 3% on EUR per year from the bank, and those submitted to tax too. I decided to build this project because the costs with the works are currently lower, and I intend to rent the apartments. I will be glad to get 6% per year from the rents “, has declared Voicu. (source: zf.ro)
