apartment prices
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Apartment prices in Bucharest at the beginning of 2011
More than half of old three-room apartments of Bucharest have prices ranging between 50,000 and 70,000 euros at the beginning of 2011, 10-20% lower than at the start of last year, when in most areas owners started "talks" from a level of at least 70,000 euros,...
Bucharest apartment prices fell by as much as 30% below deal taxation level
Gaps of as much of 30% or more have emerged between current trading values and minimum prices depending on which taxes and notary fees are paid. The minimum value of the real estate deal tax...
Apartment prices are half of what they were when the crisis started
The collapse of the housing market started two years ago, after prices reached an all-time high in March 2008, of almost 2,100 euros/square metre, which means owners asked for 161,000 euros...
Bets on apartment prices
Real estate consultants are hoping for a year with no significant changes in Bucharest apartment prices and believe the first half of the year can only bring downward adjustments as the econ...