Wednesday, 13 May 2026
Spanish developer Hercesa, present on the Romanian market since 2004, is launching its third residential project in Bucharest at the end of this year – a high-end development of 24 units in sector 3, in the Mircea Vodă area, with an investment estimated at EUR 30 million.
Romania represents around 15% of the Hercesa group’s business, the second largest market after Spain, its country of origin.
“All the high-end and luxury projects have been developed in the northern part of the city. We believe that there is a market for premium projects in the central area as well, and this is the reason why we decided to target this development towards a more exclusive segment,” said Alejandro Solano, CEO of Hercesa International.
The launch is scheduled for the end of the year. The financing scheme follows the group’s classic formula – 35-40% equity, the rest bank financing.
