HOUSING
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Prima Development Group Wants to Build 5,500 Apartments in Next 5 Years
Real estate developer Prima Development Group of Oradea has five new housing projects under development and expects to deliver more than 5,500 apartments in the next five years.
Deloitte: Romania Retains Third Position Among Countries with Cheapest Housing in Europe
Romania continues to rank third among European countries with the cheapest housing, after Bosnia and Herzegovina and Greece, with an average price of EUR1,504/sqm in 2023 for a new home, sli...
Prima Development Group Buys 6-Ha Land Plot from Immofinanz in Northern Bucharest to Build over 2,000 Apartments
Prima Development Group, a real estate developer of Oradea, signed for the acquisition of an over 6-ha land plot in Bucharest’s Soseaua Gheorghe Ionescu Sisesti, part of the portfolio of Aus...
Colliers: Number of Housing Units Sold in Bucharest Up 18% in Q1, Demand Rises 19% Nationwide
The number of housing units sold in Bucharest in the first quarter of the year rose by 18% from the year-earlier period, while nationwide demand went up by 19%, according to real estate cons...
Deloitte: Romania Ranks Third Among Countries With Cheapest Housing In Europe
Romania ranks third among European countries with cheapest housing, after Bosnia and Herzegovina and Greece, as the average price of a new home is EUR1,417/square meter, up from EUR1,266/squ...
Kiwi Finance: Timisoara Has Most Affordable Housing In Romania
Housing in Romania's major cities has been getting more expensive overall, but encouragingly has reached record affordability levels, as the need for new homes far outstrips supply, while mo...
Colliers: Housing Became 34% More Expensive in Romania in 2015-2021, Below EU Level
Housing prices rose, between 2015-2021, by 38% on average in the EU, with Romania having the lowest price increase in CEE, of 34%, reveals a recent Colliers report.
Colliers: Number of Housing Units Sold in Bucharest in 2022 Up 11% from 2021
The number of housing units sold in Bucharest last year rose by 11% in 2022 from 2021, but the falling affordability and the restrictive interest rates whetted Romanians’ appetite for rents,...
Fabrica de Glucoza Shaping Up as Bucharest’s New Housing Pole
Fabrica de Glucoza is set to become corporate employees’ new housing pole, with at least seven new apartment projects awaited by the over 100,000 corporate employees of Bucharest’s northern...