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Archive for 'Property Development'

Atlantis Residences adds to the housing market in Pantelimon, Bucharest

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 […]

Mamaia Summerland brings blocks of flats closer to Romanian beaches

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 […]

Bucharest residential property raises towards Western European prices

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 […]

Prices of flats and villas for the Tomis Plus seaside development

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 […]

Confort Park shows up on the market with comfortable prices and slight reluctance

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 […]

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 available […]

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” – […]

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 […]