HOMES
38 articole · RSS
EXCLUSIVE: Romania To Hike Apartment Tax, Cut Tax On Large Homes
The tax on apartments located in buildings more than three stories high, which include eight housing units, and on dwellings located in old buildings more than 30-50 years old will see a sli...
Romanians Who Make Cash Offers On Cars, Homes Risk A 20% Fine
The Romanian government may forbid cash transactions for purchasing cars, homes and land, regardless of their value, and plans to introduce fines of up to 20% of the deal’s value for both th...
Delta ACM 93 Builds Homes In Algeria For EUR70M
Bucharest-based builder Delta ACM 93 of businessman Florea Diaconu has won two public housing contracts worth EUR70 million together to build 2,750 homes in Tebessa and El Bayadh, Algeria.
New Apartment Prices In Romania’s Main Cities Fell By Up To 15% In 2013
The sale prices of new and old apartments in Romania’s main cities have gone down by up to 15% and 6%, respectively, in 2013, according to real estate portal imobiliare.ro.
Firms Spend Up To EUR6,500 On Renting Expat Property
Companies’ budgets for renting property for expatriate workers in Romania range between EUR1,500 and EUR6,500, according to housing agency Palace Estate.
Housing Developers In Romania Say Residential Market Picks Up Gradually
Sales reported by housing developers in Romania over the past months point to a slight increase in the local residential market.
Five Banks Plan To Raise EUR150M From Selling 3,500 Foreclosed Homes
BCR, BRD, Banca Transilvania, Raiffeisen and CEC Bank – the largest lenders in Romania by assets, hope to collect EUR150 million from selling 3,500 foreclosed homes, according to data collec...
Banks Foreclose On 2,000 Homes Monthly
Banks have ended up foreclosing on 2,000 homes per month as they seek to recoup money from bad payers, according to ZF calculations based on the difference between the rise in the number of...
Housing Prices In Romania’s Largest Cities Halved Since 2008
Housing prices in Romania’s largest cities have declined by 52% since March 2008, when the real estate market reached its peak, according to an analysis by real estate website imobiliare.ro.