apartments
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Most expensive housing project: no website, no sales team and 400 empty apartments
Bucharest's Asmita Gardens, the housing project entailing the largest private investment, around 120m euros for the building of seven blocks of almost 800 apartments, has been struggling in the past two months after the sales team decided to leave.
My Dream residential complex in Pipera: 15.3 million euros for 129 apartments
The biggest auction involving a set of insolvent new apartments will be organised next week, when the court-appointed administrator BDO and Bank of Cyprus will put up for sale 129 apartments...
Price declines after three years of crisis: almost none in lei for new apartments
The prices of new Bucharest apartments have dropped, almost three years since the onset of the real estate crisis, by just 15-17% in a series of housing complexes, a "discount" that for pote...
Adama has sold 1,000 apartments, but has now taken a break: This is not the communist five-year plan
Adama has become theey foreign investor with the biggest number of finalised homes in Romania in the last few years, but when th talk about projects outside Bucharest, the developers start t...
Biggest districts in Bucharest are worth 9bn euros
The market value of the nine biggest housing districts in Bucharest, built after the 1977 earthquake, is around 9 billion euros, with the districts including 144,000 apartments and accountin...
Why is it hard for banks to get rid of foreclosed apartments?
Why is it hard for banks to get rid of foreclosed apartments?
Biggest “real estate project”: Unirii apartments, worth one billion euros
Biggest “real estate project”: Unirii apartments, worth one billion euros
Prices of three-room apartments, down 9% in H1
Without any spectacular movements from month to month, prices of Bucharest three-room apartments continued to fall slowly, but constantly, in the first half of the year, reaching an average...
Developers now sell between three and 20 apartments per month
Whereas two years ago developers were boasting sales of hundreds of apartments before the beginning of construction works, now they sell between 3 and 20 apartments every month.