News » December, 2010 » 14 December 2010
House, Villa Prices In Romania Dropped 42% Since 2008 - Survey
14.12.2010, 13:31 | Real Estate | 898 views
The asking prices for new houses and villas in Romania were down by more than 42% compared to 2008, with the greatest declines registered in Bucharest and Constanta county, according to website imobiliare.ro. In Bucharest, the average price dropped 19.2% on the year in December, to EUR1,412 per sqm. Compared with 2008, the average price was 42.4% lower this year. Read more on Mediafax.ro
|
Latest news in category Real Estate
The Romanian Development Ministry significantly increases fines charged to homeowners and local authorities who fail to carry out technical inspections and start rehabilitation works on buildings considered to have a high seismic risk. read more...
Bankrupt shopping center City Mall Bucharest will be put up for sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 million. read more...
City Mall shopping center in Bucharest, currently bankrupt, might find a buyer at the third auction, for a price of at least EUR 26.2 million, considering Casa de Insolvenţă Transilvania, the project's liquidator, sold a document detailing the conditions of contract to an interested investor. read more...
|
|
