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Articles - residential market

Residential building permits down by 0.3% in Romania

The number of residential building permits went down by 0.3% last year, reaching 37,672.

Green light for shopping center behind historical building in Bucharest

The Bucharest City Hall has given the green light for a 12,000 sqm shopping center behind the Stirbey Palace on Calea Victoriei, downtown Bucharest.

Rising transactions encouraged developers to begin new projects

The number of luxury dwellings in Bucharest grew by 12%, encouraging developers to begin big projects, according to Nordis representatives, a company with a portfolio of 2,500 properties in central areas.

Bucharest and Constanta apartments post highest price drop in last six years

Apartments in capital Bucharest, as well as in Constanta and Ramnicu Valcea in Romania registered the largest price decreases in the past six years, of over 40%, according to data from imobiliare.ro, cited by local Mediafax.

Luxury properties transactions up by 12% in Romania

Transactions of luxury residential properties in Bucharest went up by 12% in 2014, encouraging developers to start large-scale projects on this segment, according to real estate agency Nordis, which has a portfolio of 2,500 properties in central and downtown Bucharest.

Alpha Real Estate Services sells 60 units in Doamna Ghica Plaza and Green Vista Residence

Alpha Real Estate Services, the manager of the Doamna Ghica Plaza and Green Vista Residence, announced it sold 60 units in the two projects, within its planned estimates.

Cosmopolis project in NE Bucharest to deliver 400 new apartments in 2015

Turkish developer Opus Land Development wants to begin the fourth phase of its Cosmopolis project in Stefanesti next year. 800 apartments are to be constructed at this stage, worth EUR 18 million in investments, half of which will be delivered in 2015, writes ZF.ro.

Maurer Imobiliare finishes 90 apartments in Sibiu with another 180 on the way

German-based developer Maurer Imobiliare finished 90 apartments in their Sibiu residential complex and is set to deliver another 180 units by November 2015. 70 percent of the apartments have already been sold, the developer announced on Friday.

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