Real Estate

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The Most Expensive Apartment in Bucharest

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 typical...

Vacant Lots Grow In Popularity As Prices Stay Stable

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 main...

Vivenda Residencias Project

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 announced it...

Bucharest Leads In New Building Authorization

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, some of the...

Best Bucharest Neighborhoods Property Value

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 detached one...

Bucharest Real Estate Market in 2014

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 years...

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