Romanian Property News

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 [...]

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 [...]

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 [...]

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. [...]

Picture a fast growing real estate market, with a large number of ongoing development projects. Add a flexible planning law (to say the least) and fields around the big cities ready to be populated with houses. Finally, imagine also a population that does have (at least some) of the financial resources to invest in small [...]

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 [...]

As you might know, Valea Prahovei (Prahova Valley) is one of the best known touristy regions of Romania. The area includes four famous (at least for Romanians) mountain resorts: Sinaia, Busteni, Azuga, Predeal. Further north you can also get to Poiana Brasov.  Sinaia, known also as the Pearl of Carpathians, is not just a ski [...]

“Flamboyant real estate market”, “Bucharest is more expensive than Paris”, “exponential growth for the apartments prices”, “infant unsustainable market”, “best investment opportunity”…The list can continue with supportive and dismissive comments made on the Romanian estate market. What is the truth? Several negative comments regarding Romanian properties are based on the very young real estate market [...]

  Why should you invest in Romania? Is it still worth going to the Eastern Europe for a good property deal? On a market flooded by overseas alternatives, from Spain and Italy to Eastern Europe and the Middle East, are there any particular reasons why investors should focus their attention on the Romanian market? You [...]