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Cluj-Napoca Remains Romania’s Most Expensive City On Residential Market
Real Estate

Cluj-Napoca Remains Romania’s Most Expensive City On Residential Market

The asking prices of residential properties rose slightly in the first quarter, by 0.3% on the previous quarter and 1.7% on the year-ago period. Cluj-Napoca remained the most expensive city...

Loredana Frățilă-Cristescu · 18.05.2023 · 20:00 · 1 min
Old Three-Room Apartment Prices in Bucharest Flat in November
Real Estate

Old Three-Room Apartment Prices in Bucharest Flat in November

The prices of the old three-room apartments in Bucharest stagnated for the first time in November, after having dropped by EUR500 or 0.5% to EUR107,850 in October, the real estate index comp...

Loredana Frățilă-Cristescu · 05.12.2022 · 19:55 · 1 min
Asking Rental Prices for New Apartments in Bucharest Up 7% in Q3 over Q2
Real Estate

Asking Rental Prices for New Apartments in Bucharest Up 7% in Q3 over Q2

The asking rental prices for new apartments in Bucharest continued their upward trend in the third quarter of this year, compared with the same period last year, a survey by Premier Estate M...

Loredana Frățilă-Cristescu · 10.11.2022 · 16:29 · 1 min
Bucharest Apartments Second Most Affordable Among Capitals in Europe
Real Estate

Bucharest Apartments Second Most Affordable Among Capitals in Europe

Romania’s capital Bucharest came out second in a ranking of the most affordable apartments in European capital cities and first among the largest city in the country, Kiwi Finance Real Estat...

Loredana Frățilă-Cristescu · 26.10.2022 · 13:25 · 1 min
Old Three-Room Apartment Prices Down Again in Bucharest in September
Real Estate

Old Three-Room Apartment Prices Down Again in Bucharest in September

The prices of old three-room apartments in Bucharest went down, on average, by EUR750 or 0.7% to EUR108,350 in September. The decline is higher than the EUR150 registered in August versus Ju...

Loredana Frățilă-Cristescu · 04.10.2022 · 20:58 · 1 min
Real Estate Developer Impact Gets EUR40M Loan from OTP to Complete 730 Apartments in Bucharest
Capital Market

Real Estate Developer Impact Gets EUR40M Loan from OTP to Complete 730 Apartments in Bucharest

Real estate developer Impact Developer & Contractor (IMP.RO) has signed loan agreements with OTP Bank NYRT and OTP Bank Romania, it said in a report to the Bucharest Stock Exchange.

Loredana Frățilă-Cristescu · 20.09.2022 · 22:55 · 1 min
Developer Nordis Group’s Apartment Sales Reach RON400M in 2021
Real Estate

Developer Nordis Group’s Apartment Sales Reach RON400M in 2021

Nordis Group, a developer of hotel and residential complexes, announced on Friday that apartment sales last year amounted to RON400 million and the most expensive unit was a RON2.5 million p...

Loredana Frățilă-Cristescu · 14.01.2022 · 15:39 · 1 min
Old Three Apartment Prices in Bucharest Rise to Highest Level since H1, 2009 in December
Real Estate

Old Three Apartment Prices in Bucharest Rise to Highest Level since H1, 2009 in December

December brought an acceleration in the average price increase of old three-room apartments in Bucharest, so that the amount paid by buyers climbed to EUR103,900, a decade high, unparalleled...

Loredana Frățilă-Cristescu · 06.01.2022 · 21:10 · 1 min
Price of Old Three-Room Apartments in Bucharest Up 4.2% in October
Real Estate

Price of Old Three-Room Apartments in Bucharest Up 4.2% in October

October came with a fast-paced increase in the average price of old three-room apartments in Bucharest to more than EUR105,200, a decade high that has not been reached since the first half o...

Loredana Frățilă-Cristescu · 03.11.2021 · 08:00 · 1 min