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Average Prices Of Studio Apartments In Romanian Cities Reach EUR30,000
Real Estate

Average Prices Of Studio Apartments In Romanian Cities Reach EUR30,000

The average price of a studio apartment in Romania’s cities reaches nearly EUR30,000, according to real estate website imobiliare.ro.

Ecaterina Craciun · 27.11.2012 · 12:54 · 1 min
Israel’s Tagor To Build EUR34M Residential Compound Near Bucharest
Real Estate

Israel’s Tagor To Build EUR34M Residential Compound Near Bucharest

Israeli-owned real estate developer Tagor plans to build a residential compound near capital city Bucharest which will engulf EUR34 million, the company said in a statement Thursday.

Ecaterina Craciun · 08.11.2012 · 10:41 · 1 min
Carpatica Asig’s 9-Month Home Insurance Subscriptions Up 71% On Year To RON11.1M
Banks-Insurance

Carpatica Asig’s 9-Month Home Insurance Subscriptions Up 71% On Year To RON11.1M

Romanian insurer Carpatica Asig Sibiu on Thursday said it underwrote premiums of 11.1 million lei (EUR2.4 million) on the segment of home insurance policies in the first nine months of 2012,...

Ecaterina Craciun · 01.11.2012 · 13:19 · 1 min
Prices Of Romanian Foreclosed Homes Fell 50% Due To Lack Of Buyers
Real Estate

Prices Of Romanian Foreclosed Homes Fell 50% Due To Lack Of Buyers

Romanian banks and legal executors have adopted a more aggressive sale strategy in September and in some cases reduced the prices of foreclosed homes by up to 50%.

Ioana Tudor · 14.09.2012 · 13:09 · 1 min
Home Prices In Romania’s Largest Cities Hit New Record-Lows In July
Real Estate

Home Prices In Romania’s Largest Cities Hit New Record-Lows In July

The average price of homes up for sale in Romania's capital city Bucharest and in five other large cities in Romania went down by 1.2% on the month in July 2012, which translates into the bi...

Ecaterina Craciun · 06.08.2012 · 14:05 · 2 min
New Apartment Prices In Bucharest Double Compared To Other Romanian Cities
Real Estate

New Apartment Prices In Bucharest Double Compared To Other Romanian Cities

New apartment prices in capital city Bucharest are, in some cases, even double the prices of new apartments in other big cities in Romania, although Bucharest has seen the highest decline in...

Ecaterina Craciun · 13.06.2012 · 12:02 · 2 min
Over 50% Of Romanian Homes Overcrowded, Highest Level In EU - Alpha Bank Official
Real Estate

Over 50% Of Romanian Homes Overcrowded, Highest Level In EU - Alpha Bank Official

More than half of Romanian homes are overcrowded, the highest level in the European Union, Alpha Bank president Sergiu Oprescu said Tuesday, adding that the country also has the highest numb...

Ioana Tudor · 12.06.2012 · 14:15 · 1 min
Investors Are Not Interested In Financing ANL Homes Because Of Poor Returns
Real Estate

Investors Are Not Interested In Financing ANL Homes Because Of Poor Returns

Real estate developers and construction firms are not interested in financing the Romanian Housing Agency's program to build homes for rent, believing the share of the rents they would recei...

Radu Bostan · 22.04.2012 · 14:36 · 3 min
Housing Agency To Build Homes For Rent With Private Capital
Real Estate

Housing Agency To Build Homes For Rent With Private Capital

Private investors may finance the construction by Romania's National Housing Agency (ANL) of homes for rent, after the Government approved a program for housing using private capital.

Radu Bostan · 18.04.2012 · 19:17 · 1 min