Purchаsing а homе in Buchаrеst is quicker thаn in thе pеriod of еconomic boom in 2007, аccording to а study prеpаrеd by finаnciаl аnаlysts from Romаniа rеgаrding thе rеsidеntiаl mаrkеt аftеr thе first thrее quаrtеrs of 2017. Thus, tаking into аccount thе chаngеs mаdе in thе lеgislаtion of thе country, thе recent еconomy growth аnd thе incrеаs�
If you are a foreigner and you want to buy property in Romania, you need to find out what rights and obligations you have. Although the Romanian Real Estate market is flourishing, it might be tricky to have your own place, depending on your citizenship. Starting from 2012, citizens from EU and EEA can obtain a place to live in Romania in the same way as any Romanian citizen. They can buy, recei
In the past few decades, Romania has become a hub for foreigners who want to purchase a house or an apartment in the midst of the beautiful Romanian capital. However, many are afraid of the famous bureaucratic system of Romania that they will have to go through in the process of buying or selling an apartment in this country. At the same time, many are afraid of the language barrier that may exist
Although most investors perceive Bucharest as cheap, the city does have its luxury properties. The current most expensive apartment in Bucharest costs a whopping $3,800,000 and can make even the most exuberant buyer blink. The apartment is located on the 4th floor of a 5-floor building and includes 7 rooms and 5 bathrooms. A total living area of 450 m2 is more than generous given the fact that
While the real estate market has been stagnant for the last couple of years with little to no action being registered, 2014 brought a huge change in the market with 2015 leading the way to more development. While condominium sales have had a small yet steady rise since the end of the financial crisis, land sales have plummeted, with little demand for residential or industrial properties being the
The real estate market in Bucharest and the rest of Romania registered an impressive growth in 2014, despite what some specialists predicted as another year of stagnation. The new optimism found in the market has led to investors reconsidering or restarting projects which were flat-lined when the financial crisis hit the country in 2008 and 2009. The Spanish developer Hercesa for example has anno
The real estate market in Romania and especially that in its capital city, Bucharest, has registered impressive growth in the last year with expectations for 2015 being quite high. After a period of seemingly endless stagnation with little to no reason for optimism, it seems that the real estate market registered a much needed growth in 2014. While there are numerous reasons behind the growth, som
While Romania has long had a small to irrelevant eco housing market, these last couple of years have seen the emergence and growth of eco-friendly constructions and even some large scale projects which will set Romania on the right track when it comes to its carbon footprint. The carbon footprint is described as the entire amount of pollution produced by a person’s interaction with the environm
A good neighborhood doesn’t just improve the day to day life of its inhabitants but also guarantees that their property will maintain its market value or even increase it. It also guarantees that said property can be sold for a profit, regardless of market conditions or demand levels. Despite popular belief, a good neighborhood isn’t necessarily a centrally located one or an exclusive and det
Real estate markets are predictable and work according to graphics. Crises can usually be forecasted by analyzing other markets that have gone through similar evolutions and so are recoveries from crisis. 7 years after the big crisis Bucharest’ real estate market underwent in 2007, the year 2014 seems to be a bit more optimistic than the previous ones. Studies have shown that every seven year
An energy efficient home built in the heart of a busy and diverse city is a true life changer. Through its numerous design qualities a solar home isn’t just a way to take care of the environment, but also a new approach to a healthier, more comfortable and modern lifestyle. The EFdeN house is a sleek new solar home project that tries to bring technologies generally used in large modern building
Bucharest Apartment is the ultimate website for short and long apartment rentals in Bucharest as well as for finding the best boutique hotels and hostels for your stay in the Romanian capital city. If you are looking for an accommodation solution, whether this is for a few days, a few months or longer, you can use the website in full confidence.
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