Real estate developer Park Properties has started construction work on SunLake Snagov Signature Collection, a high-end villa complex located on the shores of Lake Snagov, at the beginning of May.
The building permits were obtained in the second half of last year, with construction work expected to be completed in approximately 18 months.
The complex will be built on a 15,000 square meter plot of land, which was acquired in 2024. The total built area of the SunLake Snagov complex will exceed 10,000 square meters.
The project comprises 22 premium villas and a multifunctional building, with commercial spaces on the ground floor. Future owners of the villas will benefit from access to a private marina, where they will be able to anchor their boats. In addition, the complex will have a water sports center and a promenade on the lakeshore. The total value of the villa complex, together with the multifunctional building, commercial spaces, marina and facilities, will exceed EUR 15 million upon completion.