Executive Summary

This crowdfunding campaign seeks to raise 1,000,000 EUR, offering investors a unique opportunity to be part of a transformative urban investment with a 16% return interest over 12 months. The beneficiary of this crowdfunding campaign is North Bucharest Investments Group, which is purchasing 32 apartments, 2 penthouses, and 10 parking spaces in the PRIMA Vista project, valued at €4,500,000, and has already committed to the deal with a down payment of €792,000. Investors are offered the chance to co-finance the acquisition with an additional 208,000 EUR. The apartments are set to be sold within the 12-month loan period, generating ample profit to cover the investments of both North Bucharest Investments group and the participating investors. The loan is backed by a corporate guarantee from a company within the North Bucharest Investments group, which holds assets worth over 3 million EUR. This company will take responsibility in case of default with its assets.

The Project

PRIMA Vista is a premier housing development project by Prima Development, situated in the northern part of Bucharest. This project aims to deliver high-quality living spaces that cater to the modern urban lifestyle. With a focus on premium design, state-of-the-art amenities, and sustainable living, PRIMA Vista promises to be a landmark in Bucharest's real estate landscape. The project features a range of apartments, from cozy one-bedroom units to spacious three-bedroom homes, all equipped with modern fixtures and finishes. The first phase has been delivered and the second phase is expected to be delivered in August 2025.

Location

Located in the Fabrica de Glucoză area, we recognize the development potential of the zone and believe it will become the new downtown of Bucharest. PRIMA Vista benefits from excellent connectivity and proximity to key urban amenities. The area, known for its recent revitalization, offers a blend of tranquility and convenience. Residents will have easy access to shopping centers, restaurants, schools, and healthcare facilities. The location also provides excellent transport links, making it ideal for professionals who commute to the city center and beyond.

The Market

The Bucharest real estate market has shown robust growth in recent years, particularly in the northern regions, which are becoming increasingly popular among homebuyers and investors. There is a strong demand for high-quality residential properties that offer modern amenities and sustainable living options. PRIMA Vista is well-positioned to meet this demand, offering a premium product that caters to the discerning tastes of contemporary buyers.

Competition

The PRIMA Vista project faces competition from other residential developments in Bucharest:

• Yacht Kid: Known for its luxurious amenities and high-end finishes, Yacht Kid targets the premium segment of the market, offering exclusive residences with state-of-the-art features.
• BHB Properties: This developer focuses on modern, efficient housing solutions with a strong emphasis on community living and sustainable design.
• Belvedere Residences: Offering a blend of affordable and high-end apartments, Belvedere Residences is popular among young professionals and families looking for quality housing in well-connected areas.
• One Lake Club: Positioned near picturesque lakes, One Lake Club combines scenic views with luxury living, attracting those who value both nature and urban convenience.
• One High District: Known for its high-rise buildings and panoramic city views, One High District appeals to those seeking an upscale urban lifestyle.
• BrickLofts: This development focuses on trendy, loft-style living spaces that cater to creative professionals and those seeking unique, stylish homes.

PRIMA Vista stands out due to its unique combination of premium quality, modern design, and sustainable features.

Developer

Prima Development Group is a highly esteemed developer in the real estate sector, with a strong track record of delivering high-quality housing solutions. Over the past 19 years, the group has successfully completed 15 projects, providing more than 4,500 homes to satisfied customers. The company's extensive experience and dedication to excellence have solidified its reputation as a trusted name in urban development.

The project owner declares that, to the best of their knowledge, no information has been omitted or is materially misleading or inaccurate. The project owner is responsible for the preparation of the key investment information sheet (see Documents).