APARTMENTS
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Apartment Prices Continue To Go Down And Are Now EUR3,000 Cheaper Than In Summer
Prices of three-room apartments in Bucharest old blocks continued to decline in November and are now 0.6% lower from October and 4% lower compared with May. This is what the real estate inde...
The Story Of The Biggest Insolvency In Real Estate
In 2007, developers of the Asmita Gardens in Bucharest sold one apartment per day, although the seven towers were not finalized yet. However, in the last seven months, with the blocks finali...
Apartment Prices Drop 2.4% In October, to EUR1,023 Per Sqm
The average asking price for apartments declined 2.4% on the month in October, according to data published Tuesday by realty ads website imobiliare.ro.
Bucharest Apartment Rents Down 5% On Year In September
Apartment rents in Bucharest have remained constant in September compared to August, but they were down 5% frm the same month of 2010, according to a survey by website anunturiparticulari.ro...
ECDC: Asmita Gardens Sold No Units In Second Quarter
Developers of 800-apartment compound Asmita Gardens in Bucharest sold no units during the second quarter, as construction site operations are still suspended, according to a report of Europe...
Bucharest Apartment Prices Stay Frozen In First Summer Month
The average price of old three-room apartments in Bucharest dropped by 1% month-on-month in June, from EUR81,400 to EUR80,600, according to the real estate index drawn up by ZF together with...
Adama Completes Phase One Of Residential Project in Brasov
Realty developer Adama on Wednesday said it has completed phase one of an apartment complex in central Romanian city Brasov, with an investment of EUR14 million.
Construction Price Of A Ten-story Building Goes Up To EUR800/Sqm
The average "hard costs" (labor and material costs) of a building with an underground level and ten upper floors currently amount to around EUR450 to 550 per square meter, on top of which co...
Bucharest's Residential Compound 'My Dream' Sold At Auction For EUR16.7M
Apartment building My Dream in northern Bucharest was sold for EUR16.74 million in the first auction held by BDO Business Restructuring, the court-appointed administrator of bankrupt buildin...