real estate

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Renovate Yourself or Buy Renovated Apartment

Homes are our comfort places, our safe haven, and our relaxation hub at the end of every day. And when it comes to maintenance of our homes, we have to make some tough decisions as well. This includes the decision of renovating the house; whether you are willing to take this responsibility in your own hands or opt for a professional service? To understand this idea and responsibility better, it is only...

hand holding a house

5 Reasons to Hire a Property Management Company

Initially you may consider yourself a handy-person for property repairs or that you have the time to deal with what you might imagine are the possible requirements of a landlord.  Perhaps also, you live close to the investment property and feel you can respond quickly and effectively to any needs of the property, or tenants. However there are five key factors to consider before you take on this new role....

bucharest sectors map

What Are The Safest Areas of Bucharest

Living in Bucharest can be quite rewarding, as you benefit from all the amenities of a modern capital, but you also need to be prepared to see all the rocks ahead, as, like most big cities, Bucharest has a bright side and a darker one. But do rest assured that some research can spare you of seeing much of Bucharest's downside and will help you enjoy a safe stay, no matter if it' a short or a long...

modern house vs modern apartment building

Renting a House vs Apartment in Bucharest

There are several factors you need to take under considerations when renting in Bucharest beside your own desires and expectations to live in a house or an apartment. Both choices come with their specific benefits and drawbacks and we will try to offer you some guiding lines to help you made up your mind. Let's take, for example, Bucharest District 1 (Herastrau, Aviatorilor, Primaverii, Dorobanti), an...

house with fireplace

Apartment Heating in Bucharest

Boiler vs Central Heating. Advantages and disadvantages of each and how it effects apartment price. As far as the heating of your house goes, you must take into consideration several things that will directly hit your budget: type of heating, surface of your home and type and quality of the layer of insulating material utilized. As first step you may want to check with the constructor or with the real...

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Bucharest Real Estate Market in 2017

The real estate market has been shaken after the 2009 recession and Romania’s capital was one of the locations that suffered a lot from it. However, in time, thanks to the speedy recovery of Romania’s economy, the real estate market grew and grew to the point where it achieved the highest increase in the past 5-7 years. The many sectors of the market, from office buildings to the industry have...

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Buildings With Seismic Risk in Bucharest

Romania has not experienced high level earthquakes in the past few years, with the most devastating one taking place in the 70s, but a recent discovery made by the authorities has shown that almost 400 buildings are under a seismic risk in the city alone. Bucharest is known as one of the capitals with historical buildings everywhere, with a few locations thriving upon this (the Old Town as an...

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Fаctors Thаt Аffеct Аpаrtmеnt Pricе in Buchаrеst

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 incrеаsеd...

business man and house

Can a Foreigner Own a Property in Romania

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, receive it as...

stack of paper documents and files

Necessary Documents for Buying or Selling Apartment in Romania

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 when...

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