Real Estate
Bucharest Authorities Want To Contract Credit Lines Of About EUR100M
Bucharest’s sector 6 city hall wants to contract a credit line of up to 240 million lei (EUR53.8 million) to finance building thermal rehabilitation projects, and the capital’s sector 4 mayo...
Romania Expects To Collect EUR24M In Mineral Water Royalties From Five Firms In Next 20 Years
Romanian mineral resources agency ANRM estimates it will collect royalties amounting to EUR24.3 million in the next 20 years from five companies which exploit natural mineral water, clay and...
Romania To Continue “First Home” Program In 2013, Supplements Ceiling By EUR200M
The Romanian Government will continue the “First Home” program in 2013, with additional guarantees of EUR200 million that should last by midyear, according to a decision draft published on F...
Bucharest’s Most Expensive Penthouse Costs EUR3.5M
The most expensive penthouse apartment up for sale in Romania’s capital city Bucharest costs EUR3.5 million, stretches onto 560 square meters and has 12 rooms, sauna, wine cellar and jacuzzi...
DTZ: Industrial, Logistic Space Stock Won’t Increase Significantly In 2013
The stock of modern industrial and logistic space in Romania will not see a significant increase in 2013, a situation similar to that registered this year, according to market research compa...
Interest In Romanian Real Estate Market Perks Up As Buy-Sell Spread Decreases
Interest in developing real estate projects in Romania has gained vigor this year as the difference between prices asked by land owners and bid prices has diminished significantly, according...
ING Bank Romania To Grant Household Mortgage Loans Only In Lei As Of 2013
ING Bank Romania will grant household mortgage loans only in lei as of January 1, 2013, due to the risk of taking a loan in foreign currency while people’s income is earned in local currency...
Bucharest Housing Demand: Two-Room Apartments, Costing Less Than EUR60,000
The major criteria in looking for a new home in Romania’s capital city Bucharest are the price and the completion stage, with the neighborhood or area having a lesser role, so that the most...
Baumit’s Head: 2012 Was The Most Difficult Year Since I Took Over
Laurentiu Lupusor, general manager of construction materials producer Baumit Romania, says 2012 was a difficult year, with low investments in construction, while political turmoil led to the...