50% off for the villas of "Adnana Residence"

The deluxe residential complex "Adnana Residence", located on the shore of lake Buftea, which uses alternative energy sources, announced discounts of over 50% off the regular sale price. The massive discount is valid in case the buyers intend to buy a house as a Christmas gift. The alternative technologies used for heating, cooling and generating electricity generation help decrease the household expenses by 70% compared to the classical systems.

According to a press release sent to our editor"s office, the project"s developer, "Quantum Consulting & Management" (QCM), states that the villa called Drakewood Manor, is still part of a "promotional package" with a penthouse in Braşov as a gift, for 1,5 million Euros, with a discount on the initial price of 3 million Euros. The villa is built in a traditional London-style and is the greatest and most luxurious of the homes. The house called Stoneford Mansion, designed by Drummond Designs in a predominantly European style, has a discount price of 550.000 Euros, down from 1.000.000 Euros.

Grand Cayman, a home with a particularly distinct look, designed in a Mediterranean style, with a net area of 750 sqm and a 1300 sqm plot of land, now costs 985.000 Euros, down from the initial price of 1.970.000 Euros.

QCM"s general manager, Andrei Apetrei, stated: "This offer is only valid during the winter holidays, but we have to admit that the there is indeed a connection which can"t be ignored between the price discounts and the global economic crisis. QCM wants to keep all the projects it has initiated, and for that reason, the liquidity crisis has to be accepted and dealt with accordingly. Just like in any other crisis period, every businessman sets its priorities. While some have only to gain, because they can afford to invest at this time when prices are dropping, others prefer to lose some money in order to stay afloat".

Mr. Apetrei claims that investors that have enough cash available have the advantage in this period, because they can buy valuable properties at a large discount. Even if Romania has not yet seen a generalized drop in the prices of luxury residences, there are developers or owners who openly admit their lack of liquidity and who prefer to sell at a lower price, which obviously benefits those that have enough cash available in the current circumstances to make safe investments at this time.