Romanian Property News

Although a low price is an incentive for any buyer, people come on the estate market for two reasons: either to find their dream home or to make a profitable investment. Human taste is probably the hardest concept to measure, so for now it’s worth concentrating on the second alternative: how profitable is the [...]

When it comes to signing on the dotted line, we all look for one thing when buying a property, whether it’s in Romania or anywhere else: the price. As highlighted by earlier posts, some of the developers prefer to provide the information on a “need-to-know” basis (which sounds a bit ludicrous, but it’s not far [...]

The Condominium fair slowly becomes an established landmark on the Romanian real estate market. While earlier year it was at its first edition, the fair now is gathering momentum, with more participating companies, wider reach for the market, all unsurprisingly due to the increasing pace of real estate projects.
In spite of less media coverage (you [...]

…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 [...]

The eagerly-awaited moment of Romania joining the EU is far behind us now. Gone is the enthusiasm of being a part of the European Union, everybody seems to move on these days, from the working class who realised that the EU accession did not bring them the expected western salaries to the politicians, eager to [...]

If you happen to be in Bucharest this week, it is worth paying a visit to the latest Romanian real estate fair – tIMOn. Unfortunately, the  website of the event is not going to provide you with the information you need, in spite of having an English version. So, if you are interested in new [...]

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 [...]

 
Just after mentioning the increased recent interest for off-plan investments, here is a good example – Perla Residence. The development is located in the more expensive North of Bucharest, on the shore of the Pipera Lake. The project is medium sized – three villas and 82 apartments spread over six 3-storey blocks of flats.
The units [...]

Although normal practice in the UK, buying off-plan property is far from traditional for Romanian investors. Used to pay up-front for finished properties, Romanians are still rather reluctant to invest in flats and houses that they can see only in computer generated images and architectural plans.
This reluctance is wearing off though, little by little. From [...]

I re-wrote the following line a few times to avoid the praise look’n’feel but…it still expresses the same: the interest in the Romanian Real Estate Market is on the increase. The Romanian Wall-Street newspaper (not sure whether it’s connected in any way with the one in New York, but it is a good indicator of [...]