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Archive for May, 2007

The Evocasa block of flats brings a stylish look to the old Titan

Titan is a large area in Bucharest, whichever way you look at it. To begin with, there’s plenty of blocks built around 70s-80s, together with a couple of communist-style malls. Second, there’s a lake and a park, surrounded by several areas that used to be filled with endless rows of concrete/rusty metal/plastic/any other materials […]

Tomis Plus opens the season for large seaside projects nearby Constanta

As the hot season starts soon, let’s move from the fast and busy life of Bucharest to seaside, on the Black Sea Riviera. In comparison with Bucharest and other cities of Romania, such as Sibiu, Cluj, and Timisoara, the resorts around the Black Sea beaches have seen only a few real estate projects.
One large residential […]

Metropolis Residence will help its owners to gain their life back

Metropolis Residence is one of the latest developments to take shape up Piata Chibrit (Matchstick Square, should you want an accurate translation). Piata Chibrit is a good example of an area that, although nearby high-profile locations such as Piata Victoriei (Victoriei Square) and Arcul de Triumf (Triumph Arch…although you’re definitely going to raise some eyebrows […]

Villas in Brasov quickly disappearing off the market

As you can appreciate, there are plenty of real estate projects currently ongoing throughout Romania. While we try to bring them to your attention as potential investment opportunities as soon as we find out about them, for some of these developments even early stages is too late.

This article is about one such “yesterday’s news” – […]

Buy-back purchase provides a new alternative for the real estate market

During the Sphera Housing Estate Fair, held between 12 and 15th of April 2007, the real estate developers aggressively promoted a new method of buying a property known as Buy-Back. The alternative is trying to accommodate the current Romanian estate market: a buyer pays a deposit and provides his/her existing apartment as a final payment […]

Stefanestii de Jos village is due to become a town

The price of land in the heart of Bucharest is currently prohibitive for large-scale middle-class real estate projects. This is why, more and more, new property developments targeting people working in Bucharest are slowly pushed towards the outskirts of the city. One of the preferred destinations for this housing development migration is the north of […]

SaphirStein and RubinStein cover the real estate spectrum in Bucharest

After several real estate waves touching various areas, Cotroceni still remains one of the exclusive areas of Bucharest. Although located around one mile away from the Romanian House of Parliament, Cotroceni feels forgotten by time, nearby the botanical garden and the Romanian President residence (Cotroceni Palace). The area is also well-known for its peace and […]

The top three real estate investors in Bucharest

According to “Banii Nostri” (“Our Money”) magazine, an area equivalent to 3% of Bucharest area is taken by real estate investments.
To begin with, Immoeast, an Austrian-based consortium, takes the first place on the Romania Real estate Market. Immoeast is the leading listed property company in Austria, focused mainly on investments in Central and Eastern Europe. […]