PROPERTY
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Romania Extends Property Tax To Cover Parking Lots, Swimming Pools
Romania’s government has extended the property tax pool, as per agreement with the international Monetary Fund, to include previously exempted types of properties such as parking lots and sw...
DTZ: Sales Of Office, Retail Space, Land Reach EUR250M In January-September
Real estate deals involving office space, retail space, and land stood at some EUR250 million in January-September, similar to the same period last year, but acquisition decisions were firme...
Number Of Real Estate Deals Up 17.5% In January-August
The number of real estate deals in Romania increased 17.5% in January-August 2013 from the same period in 2012, reaching 530,314, the national cadastre agency ANCPI said Friday.
Where Romanians Insure Their Houses And Cars
Romanian-held Astra leads the ranking of insurers that get the largest revenues from property policies, with gross underwritten premiums of 177 million lei (EUR40 million) in the first six m...
Government Wants To Cut Social Security Contributions, Raise Royalties, Property Taxes
Romania’s state budget for 2014 is built on 2.2% growth, Minister-delegate for Budget Liviu Voinea said, adding that the Government is seeking to lower social security contributions and incr...
RA-APPS Starts Direct Negotiation Sale Of State Property For 30% Less Than Auction Prices
Romania's state property authority RA-APPS has started direct negotiation procedures for the sale of property in its portfolio, at prices 30% lower than asked at auctions it held this year d...
Government Seeks To Tax Compensations Of Owners Of Nationalized Property
Romania’s national property restitution authority ANRP and the Finance Ministry are looking into a taxation system to levy taxes on former owners of nationalized property whose government-aw...
RA-APPS Free To Sell State Property By Direct Negotiation After New Auction Failure
Romanian state property authority RA-APPS third attempt to auction off real estate in its portfolio has failed and may now proceed to sell properties by direct negotiation.
EFG Eurobank: Housing Prices In Romania Up Slightly In 1Q
Residential property prices rose slightly in Romania in the first three months of the year, after a mild decrease in the previous quarter, according to EFG Eurobank.