Archive for August, 2006
Romania tops the “A place in the sun” ranking
Romania is currently listed as one of the most attractive countries in the South Eastern Europe region for foreign investors. Many newspaper articles and TV shows confirm its potential. For example, the TV programme “A place in the sun” ranked Romania as the best country to invest in, with massive returns. According to the [...]
Posted: August 31st, 2006 under Media articles.
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Factors affecting the land prices in Romania
Local information is critical when determining the price of a specific plot in Romania. The land prices could substantially differ even within the same region. For example, in Otopeni, the town situated north of Bucharest, almost linked with the capital, on DN1, one of the major national roads, the prices vary between €18/sqm and €220/sqm.
The [...]
Posted: August 31st, 2006 under Land.
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Land prices – trends
The price of land in Romania went up 35% in the last year and is due to increase further in the next couple of years. Similar to flat prices, the land prices had seen a huge increase over the last few years. For example, in Popesti-Leordeni region, 9km away from Bucharest, a region under continuous [...]
Posted: August 31st, 2006 under Land.
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Apartment prices – trends
The last six months witnessed a 10% increase in price of flats and apartments. This is only part of the constant increase recorded over the last 5 years – since 2001 the average price of flats increased by more than 600%. To exemplify, we gathered property price information from a specific area of Bucharest (Vitan/Baba [...]
Posted: August 31st, 2006 under Apartments.
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