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Archive for 'Property Development'

Pallady Residence brings up 134 flats in East Bucharest

Affordable flats are incredibly hard to find on the overall Bucharest real estate market. With the price of land skyrocketing, it is impossible to keep the unit price under 1500€/sqm, once you add in the VAT. However, after careful choice of the location and moving a bit further from the packed, crowded city centre, […]

A new neighbourhood west of Bucharest - Curtea Domneasca

Domnesti is one of the satellite villages at the outskirts of Bucharest. 20 years ago it was seen as a village away from the capital, as countryside as it gets. Nowadays it gets update after update and, after another few years, it will become one of the suburbs of the capital. This is the set […]

Bad news and setbacks behind the glamorous front end of Planorama

The beginning of this month witnessed a slight setback in the construction of the Planorama project in Colentina, Bucharest. As announced in an earlier post, Planorama has already received its share of good press http://www.romanianpropertynews.co.uk/2007/02/17/planorama-the-latest-development-in-the-colentina-area-bucharest/ due to one of the blocks being bought entirely by a group of investors in the very early stages of […]

Europe Residence takes shape in the central Brasov

As prices keep increasing, Bucharest becomes too expensive for buy-to-let small investors. This is why people are starting to look a bit further for investment properties. The nearest big city you can get is Brasov, which is about 80 miles away from the capital and, more important, as close as it gets to skiing resorts […]

Gran Via builds 3500 new flats in Drumul Taberei, Bucharest

The Spanish property developer Gran Via makes its entrance on the Romanian market with two residential projects. As the projects are in the design stage at the moment, they share two characteristics so far: they are big (get ready for big figures on the next paragraph) and…they do not have a name yet :).
Both projects […]

Latest ski apartments in Predeal: ‘Predeal Ski Apartments’

Do you like skiing? Would you be interested to try a new ski resort? You might be well familiar with the Alps…but how about the Carpathians? Come over to Predeal, Romania, in the winter and, while you’re there, get yourself an apartment in Predeal? A new residential complex called Predeal Ski Apartments (you can’t accuse […]

The Latin Quarter meets West end Bucharest

Cartierul Latin (Latin Quarter) is one of the latest residential projects in the West of Bucharest (the second residential area after Bucharest North) in Ghencea extension. To begin with the neighbourhood, in case you’ve heard of the name before and you wonder where, this area of Bucharest is associated with the Steaua Football Club (whose […]

How to spend a million euros on Romanian property

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 Residence - 100% luxury, from location to prices

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 […]

River Tower adds Cluj to the real estate projects map

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, […]