Business Forum • 15 January, 2026 at 11:58 AM
Romanian developer Park Properties has partnered with entrepreneur George Peltecu to develop Sunlake Snagov Signature Collection, a development of 22 lakeside villas with a private marina. The project will be built on a 15,000 sqm plot on Lake Snagov shores, with construction starting this spring.
The development includes villas and a multifunctional building with ground-floor commercial spaces. Residents will have access to a private marina with dedicated berths, a water sports center, and a lakeside promenade. Building permits were obtained in 2025.
"Sunlake Snagov brings a combination of lakeside location, less than 5 minutes from DN1 and 10 minutes from the A3 highway, complemented by integrated amenities including commercial spaces, supermarket and private marina," said Mănăilă, Managing Partner of Park Properties.
Peltecu, known for healthcare projects including Umana Fertility and former founder of Nativia, added: "I joined the Sunlake Snagov project because it represents an investment with potential to set new standards in the premium residential market."
The completed development is projected to reach a market valuation exceeding €10 million. Park Properties has delivered 300 apartments across 10 buildings in Bucharest, with a portfolio exceeding €120 million in market value.