Romanian Property News

According to Thompson Financial, the Hungarian Ablon Group recently purchased a 40000sqm plot of land in Pipera for a medium-large development project. Although the position and the size of the plot are not imposing, the price paid is rather significant: €18.5M.
On the purchased land, Ablon plans to build a number of 1000 flats, as […]

…but you might be a bit short for cash when it comes to the bill. The latest land transaction in Bucharest managed to hit a new record for the amount paid for the acquisition: 53 million euros.
So, what does 53 million euros gets you these days in Bucharest? According to the online version of the […]

It’s been a long, hot summer…no, not for the UK, as we’ve seen some sunshine only in September. It’s been a long hot summer for Romania, with temperatures over 40 Celsius for a good few weeks.
I come back, after the rather long pause, apologies, with a hot subject – land! Land in Bucharest, land around […]

Before the revolution that finished the communist era in Romania, Baneasa was just another suburb of Bucharest, famous for a couple of factories, the zoo, a secondary airport (when comparing Baneasa and Otopeni, think Luton versus Heathrow), and the nearby Baneasa forest. Past the 1990s, Baneasa transformed itself into the land-of-rich-and-more-or-less famous. With houses being […]

Otopeni is one of the areas that took full advantage of the recent real estate expansion nearby Bucharest. Through its position, the village/town is part of the attractive area North of Bucharest and has direct access to the National Road 1 – DN1.
To begin with, the town is probably one of the largest ones nearby […]

Based on the positive predictions made earlier this year, there seems to be an increasing interest for buying land in the Bucharest area. One highly relevant information when trying to decide which area is the best one is the evolution of the average asking price for land in certain areas.
We recently identified sources of market data that can be used […]

Still interested to buy land in Bucharest? Worried that you are too late in the game?
Worried that the prices massively increased? According to a review from the Money Channel, you should focus on the south west of the capital. If the north of the capital has been heavily developed and the price of land went […]

Land plots in Bucharest are clearly outside the reach of any small investors, due to their prohibitive prices. At the moment, plots within reach of the centre of Bucharest come with tag prices of at least €1000/sqm (and that’s for the bargains), at least doubling the price of any investment of less than a few […]

According to an article from Cotidianul newspaper, land was the most profitable real estate investment on the Romanian market during 2006, followed by the stock exchange market and the mutual funds. The article above predicts that the same trend will be seen over 2007, i.e. land purchase will top once again earnings on Romanian investments.  […]

If you want to buy a property in Romania far from the noise of the big cities, then you have a lot to choose from.  Romania has a lot to offer:  seaside  with beautiful sandy beaches, mountains with ski resorts, castles and fortresses full of history (Bran Castle, Peles Castle, Corvinesti Castle) or churches and […]