Residential - Business Review


new apartments

Romania ranks 15th position in Knight Frank’s 2016 global house price index

Residential March 21, 2017 11:58 0 comments

Romania jumped from the 31st position in 2015 to the 15th in 2016 in Knight Frank's global house price index. The consultancy says the local market has doubled its price growth rate in 2016, from…more »

Ben Jager and Gerard Doedee

Romania’s Honorary Consul in The Netherlands: Prices of Romanian property, below those in other countries that have similar climate and socio-economic conditions

Residential March 21, 2017 09:35 0 comments

Ben Jager, Romania’s Honorary Consul in The Netherlands, says that houses in Romania have attractive prices and that Transylvania is a region with particular interest for potential buyers. “The acquisition of a second home –…more »


Hercesa has sold 98 pct of the first block of flats from the third phase of Vivenda Residencias

Residential March 15, 2017 12:57 0 comments

Hercesa group, present in Romania since 2004, sold 98 percent of the first block of flats from the third phase of Vivenda Residencias and will start works on the second building, which will comprise 56…more »

Bucharest apartments

Romanians built 52,206 houses in 2016, 5,200 more than in 2015

Residential March 09, 2017 11:06 0 comments

Romanians built 52,206 housing units in 2016, by 5,200 more than 2015, most of them in North-Western region, according to the data published on Wednesday on the National Institute of Statistics (INS). The analysis of…more »

Bucharest apartments

New apartments up by 11 pct in 2016 to 52,206, the highest level of the last 7 years

Residential March 08, 2017 16:55 0 comments

The number of new apartments went up by 11.1 percent in 2016 to 52,206, this being the highest level recorded over the past 7 years, according to the data published today by the National Institute…more »

Amber Gardens 01

Alesonor to invest EUR 12 mln in expansion of Amber Gardens and two new projects in Bucharest

News March 08, 2017 15:17 0 comments

Alesonor, the developer of the green residential project Amber Gardens, will invest EUR 12 million this year to add 21 houses in the complex and to develop two new energy efficient residential projects, targetting the…more »

Bucharest property market

Authorizations for housing constructions up by 9.2 pct in January after a decline of over 12 pct in December

Residential February 28, 2017 13:31 0 comments

Authorizations for housing constructions went up by 9.2 percent in January, up to 1,561, mainly due to the demand in Bucharest and Transilvania, after a decline of over 12 percent in December, shows the data…more »

asking prices

Asking prices for Bucharest apartments up by 1.4 pct this January, says

Residential February 06, 2017 12:19 0 comments

Asking prices for Bucharest apartments were up by 1.4 percent in January compared to December, according to data released by online real estate platform The average asking price in Bucharest stood at EUR 1,157/sqm…more »


Palace Estate reports deals worth EUR 10 mln in 2016

Residential February 02, 2017 11:39 0 comments

Real estate brokerage and consultancy company Palace Estate brokered real estate deals valued at 10 million EUR in 2016, according to company data.  Last year the company saw a growing appetite for investment deals both…more »


Mulberry Development to start first development phase of ISHO project in Timisoara

Offices January 11, 2017 15:18 0 comments

Mulberry Development is to start the first development phase of the ISHo project in Timisoara's Take Ionescu area. The developer received the first building permissions and will soon start building the largest real estate project…more »