IMPACT Developer & Contractor expands the Boreal Plus project in Constanta with a new phase
19.08.2025 Press release 4 min.

IMPACT Developer & Contractor expands the Boreal Plus project in Constanta with a new phase

Bucharest, 18th of August 2025: IMPACT Developer & Contractor, the first real estate developer listed on BVB (symbol IMP), launches the second phase of development within the Boreal Plus residential compound, located in the north of Constanta, with an estimated market value of 17 million euro.

With two modern buildings with 8 and 11 floors, respectively, and a total of 134 apartments, plus 160 indoor and outdoor aboveground parking spaces, storage boxes, green spaces, playgrounds, kindergarten, and related infrastructure, the second phase comes with a new architecture and a series of premium features.

Thus, the new development phase marks the expansion of IMPACT Developer & Contractor into the affordable premium housing segment in Constanta, in an area with great development potential and high demand for this type of housing.

Together with its subsidiary, IMPACT Alliance Architecture, IMPACT designed the new phase based on the wishes and needs communicated by clients and potential clients over time. The buildings have a large glazed surface, which offers an extra elegance and special views of Lake Siutghiol and the Black Sea, on the upper floors. At the same time, the developer introduces the possibility to choose between two variants of premium quality finishes and equipment or possibly the client's option.

Therefore, the new phase complements the current offer of apartments available in Boreal Plus with new unit typologies, carefully designed to meet the needs of different stages of life: 52 sq m studios, 2-room apartments with areas of 69-71 sq m and 3-room apartments with total areas of 96-99 sq m. The ground floor units have generous gardens, with areas ranging from 21 to 77 sq m.

"The new, premium version of the Boreal Plus complex is the result of the demands of the residents and the market in Constanta. The area in which we are developing this complex is increasingly emerging as a premium residential pole. The expansion of Boreal Plus consolidates the company's position on the local market, bringing an optimized portfolio of apartment typologies, capable of meeting the needs of Constanta residents for modern, spacious and bright homes, with high potential for appreciation in the medium and long term.", said Dan Sebastian Campeanu, CEO IMPACT Developer & Contractor.

Starting from August 18, the developer is launching a special launch offer, which includes a limited number of apartments. Launch prices start at 69,543 euros + VAT for studios, 89,431 euros + VAT for 2-room apartments and 125,981 euros + VAT for 3-room apartments. 

A new benefit that IMPACT offers is payment in installments, also in response to market demand in Constanta.

Launched in 2020, the Boreal Plus complex includes 18 villas completed and fully sold and 209 apartments completed and 85% contracted, in phase 1. The location of the complex in a quiet area, with quick access to any point in the city and the seaside, the green spaces, the future private kindergarten, and the future park developed by the local authorities right next to the new development phase, as well as the existence of a homogeneous community transform Boreal Plus into a neighborhood of the future for families and for those who want a harmonious life.

 

 

About Impact Developer & Contractor S.A.

With 34 years of experience on the market, Impact Developer & Contractor S.A. is the first real estate developer listed on the Bucharest Stock Exchange. The shares of Impact Developer & Contractor S.A. ("IMP") are listed on the Premium category of the Bucharest Stock Exchange. The company uses best practices in corporate governance, transparency, accountability and communication with investors, obtaining a rating of 10 in the VEKTOR assessment conducted by the Romanian Investor Relations Association. The mission of Impact Developer & Contractor S.A. is to develop communities, through sustainable projects, at BREEAM Excellent quality standards, nZEB certified, both in Bucharest and in the major cities of the country. Among the reference projects of the developer are GREENFIELD Baneasa and LUXURIA Residence, the latter being the first residential project in Romania with BREEAM Excellent certification.