Radu Drăgușin's Real Estate Bet: How Much He Earns from the Capital's Residential Complex. He Invested at Just 20 Years Old
Translated from Romanian, summarized and contextualized by DistantNews.
At a glance
- Romanian footballer Radu Drăgușin has invested in a real estate project in Bucharest, owning 5.5% of the Quartier Azuga development.
- The project, valued at 25 million euros, includes 236 apartments and is nearing completion, with a significant portion already sold or reserved.
- Drăgușin's initial investment was around 1,635 euros, and his stake could yield over 300,000 euros if the project's estimated profits are realized.
Romanian footballer Radu Drăgușin has expanded his interests into real estate, holding a 5.5% stake in the Quartier Azuga residential complex in Bucharest. The development, estimated at 25 million euros, features 236 apartments across two phases, with construction of the first phase beginning in 2022 and concluding in 2024. The second phase was completed and received at the start of 2026.
Data from the project's website indicates substantial sales progress by May 2026, with 40 units sold and another 85 undergoing final inspections with buyers. This means approximately 90% of the apartments are in some stage of the sales process. Drăgușin acquired his share in September 2022, initially investing about 1,635 euros (7,990 lei) into the company Quartier Azuga SA, which was planning the residential complex in the Tei area of Bucharest.
His current participation is represented by 934 shares, each with a nominal value of 10 lei, totaling 9,340 lei in share capital. If the project's sales projections hold true, Drăgușin could see a significant return. The company reported a cumulative net profit of approximately 10.7 million lei in its first four years. If distributed as dividends, his share after taxes could exceed 540,000 lei (about 103,200 euros).
However, this figure doesn't account for the final profit after all units are sold. Estimates suggest an average apartment price between 135,000 and 145,000 euros. With total revenues potentially reaching 32-34 million euros (excluding VAT) and a projected profit margin of 20-30% after debts, shareholders could collectively gain around 6.7 million euros. Drăgușin's 5.5% stake in this scenario could lead to earnings exceeding 300,000 euros upon the project's completion.
Originally published by Adevărul in Romanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.