Interview with Andrei Ștefan, STC Partners: About the completion of the Quartier Azuga project, the nZEB component and the consequences of current costs

The project’s minimal energy consumption and coverage from environmentally friendly sources leads to a series of multiple benefits for residents: significantly lower maintenance costs (for a 2-bedroom apartment, savings of up to 700-800 EUR can be made in a year when compared to an older unrehabilitated block), preferential interest rates through green loans (for a 100,000 EUR loan over 30 years, financing costs are up to 500 EUR lower per year or 40 EUR per month), superior long-term property value retention (there is immense global and European Union pressure regarding having green/energy efficient residential buildings that will favorably influence the value of these properties over older buildings), and also residents benefit from a healthier environment.