http://www.romanianpropertynews.co.uk/2006/12/02/vitan-platinum-towers-a-new-residential-development-in-the-centre-of-bucharest/ Romanian Property - Latest news, reviews, and advice on Romanian real estate Mon, 19 Jan 2009 07:53:22 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.romanianpropertynews.co.uk/2006/12/02/vitan-platinum-towers-a-new-residential-development-in-the-centre-of-bucharest/comment-page-1/#comment-10 Romanian Property News » Ten reasons to buy real estate in Romania Fri, 02 Feb 2007 13:41:48 +0000 http://www.romanianpropertynews.co.uk/?p=32#comment-10 [...] The new developments – very few blocks of flats were built over the past 18 years in Romania. After a booming period for all types of construction during the Ceausescu era, the lack of coordination and investment led to a virtually dead period in terms of new developments. Another phase started over the past couple of years, with a large number of projects aimed at the upper class (see Monte Carol Palace or Orhideea Gardens). Whole areas were covered with villas around the large cities (see Corbeanca and Jilava near Bucharest), blocks with expensive fittings and close circuit facilities were built nearby lakes or parks in the centre of Bucharest - the Monte Carol Palace mentioned above. Time has now come for massive projects aimed at the middle class (with a family income around €800-1000/month), affordable, no-thrills flats; the Vitan Platinum Towers  is only a drop in the ocean when compared to the current market needs, hundreds similar projects are likely to appear in the next few years aiming to rebalance the market. [...] [...] The new developments – very few blocks of flats were built over the past 18 years in Romania. After a booming period for all types of construction during the Ceausescu era, the lack of coordination and investment led to a virtually dead period in terms of new developments. Another phase started over the past couple of years, with a large number of projects aimed at the upper class (see Monte Carol Palace or Orhideea Gardens). Whole areas were covered with villas around the large cities (see Corbeanca and Jilava near Bucharest), blocks with expensive fittings and close circuit facilities were built nearby lakes or parks in the centre of Bucharest – the Monte Carol Palace mentioned above. Time has now come for massive projects aimed at the middle class (with a family income around €800-1000/month), affordable, no-thrills flats; the Vitan Platinum Towers  is only a drop in the ocean when compared to the current market needs, hundreds similar projects are likely to appear in the next few years aiming to rebalance the market. [...]

]]> http://www.romanianpropertynews.co.uk/2006/12/02/vitan-platinum-towers-a-new-residential-development-in-the-centre-of-bucharest/comment-page-1/#comment-8 Romanian Property News » Thu, 01 Feb 2007 11:12:41 +0000 http://www.romanianpropertynews.co.uk/?p=32#comment-8 [...] Vitan Platinum Towers remains probably the most famous development currently undergoing in Bucharest. Generic information on the project was covered in a previous post but, due to the interest seen on this property, we’re coming back with further details. [...] [...] Vitan Platinum Towers remains probably the most famous development currently undergoing in Bucharest. Generic information on the project was covered in a previous post but, due to the interest seen on this property, we’re coming back with further details. [...]

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