Construction of Lakeside11 officially began on September 16, 2024, marking a significant milestone for this modern business-class residential complex near Lake Străulești in northern Bucharest. The total investment in the project amounts to €60 million, with the first phase involving €20 million, covering the construction of three blocks with 105 apartments, offering a variety of spacious layouts tailored to meet diverse lifestyle needs.
According to Maxim Iakovlev, representative of the Iakovlev family, owners of RRG Real Estate Group, Străulești has become one of the most dynamic areas in northern Bucharest, attracting those who value quality of life and long-term investments.
“The real estate market in Romania has evolved significantly over the past 20 years, with increasing competition among developers. Understanding that differentiation is key to success, we analyzed market trends and developed a new concept—Lakeside11,” said Maxim Iakovlev.
Having taken over the management of the company, Maxim Iakovlev brings fresh perspectives, particularly in financial strategies, with extensive experience in the USA, the European Union, and the UK.
The first phase of Lakeside11 will offer:
- 21 double 1R apartments with spacious layouts.
- 51 two-room apartments, ideal for modern living.
- 15 three-room apartments, providing extra space for families.
- 12 three-room apartments with expansive lake-view terraces.
- Three four-room apartments, designed for larger families.
- Three exclusive penthouse apartments, featuring panoramic views and luxurious finishes.
All apartments feature layouts up to 20% larger than standard market offerings, ensuring comfort and functionality. The project is committed to delivering high-quality homes that blend contemporary design with practical living solutions.
Construction is progressing on schedule, and we look forward to sharing updates as Lakeside11 takes shape. Stay tuned for more details on the development.
