Romanian Property News

It is at least risky to make any assumptions about the future when it comes to the (Romanian) property market, as prices are still quite dynamic. In fact, looking over at the UK housing market, very few people could predict 5-10 years ago that prices will increase 3-5 times. What it can be done [...]

Statistics on Romanian real estate pricing are rather difficult to gather on the market still dominated by relatively small estate agents, with 1-2 branches at most and only tens of properties in their portfolio. While country-/city-wide statistics might include a level of guesswork and averaging, it is worth focusing on specific areas to see how [...]

Surely, there are plenty of alternative responses to the title; this article will briefly cover only one of them – the Arigato villas in Snagov, nearby Bucharest.

The Arigato project is extremely easy to summarise: unique development in a posh location. To start with the location, the area around the Snagov Lake was a heavily desired [...]

Carol Park (or Parcul Carol, in Romanian) is a miracle in the residential of Bucharest – a quiet spot less than a mile from the noisy Unirii Square (Piata Unirii). Surrounded by old housing, typically 1900-1930s villas, as well as a very busy (some of it still covered with cobblestone, but not for long) street [...]

Ok, River Tower is clearly not the first residential project in Cluj from the new wave of real estate developments, but it managed already to attract substantial interest from the Romanian media.
Why the interest? One of the most important reasons was likely to be the price. Cluj is one of the main cities in Romania, [...]

Pantelimon remains one of the areas in Bucharest that has a bit of everything when it comes to real estate. There is a bit of old housing, somehow missed by the bulldozers in the communist era, several super-/hyper-/mega-/etc. markets in what used to be the outskirts of Bucharest 10-15 years ago, and quite a few [...]

The Romanian seaside has witnessed so far a mixture of small developments, with most projects being either family seaside homes or small villas for the thriving rental market. Only a handful of developers aimed higher, with larger blocks of flats in Costinesti and the Tomis Plus area that we previously mentioned. Amongst increasing numbers of [...]

In spite of the bad press in newspapers and negative comments raised on real estate forums about the high prices of Bucharest luxury residential developments and their affordability for the medium class, ongoing real estate projects are being entirely sold months before being finalised. Yes, it is true, Romanian developers and ongoing projects are far [...]

As promised in an earlier post, we have some more information on the Tomis Plus residential development.
For villas, the prices start from €700/sqm +VAT for the building and €200/sqm for land. Although the prices are rather attractive, bear in mind that we’re talking about large housing units: both the detached and semi-detached villas will have [...]

Domusstil is a significant name on the Romanian real estate market, with several ongoing and finished projects already available around Bucharest. One of their latest projects is Confort Park (yes, the spelling of the first word is correct…in Romanian). The project covers a large area – more than16,000sqm – and will include a mixture of [...]