After Communist Rule, Romania And Bulgaria Enjoy Major Property Boom
Buzesti Street used to be one of the shabbiest parts of Bucharest with crumbling, Communist-era structures and one of the city's roughest markets. Now, gleaming multistory buildings have turned the area into one of the capital's new business centers – testimony to a property boom sweeping Romania and Bulgaria, the newest members of the European Union. More
(Source: Associated Press, 2007-02-05 06:00)

Steady Growth Keeps Real Estate Market Balanced
Eduard Bogdan Desliu, country manager of Premiumred, the real estate arm of Volksbank, believes the fact that the Romanian market is not witnessing a fast growth is a good thing in comparison with the situation in Germany, where since reunification, too many buildings have been erected and a lack of tenants has caused a market collapse. More

Condomium 2007: 4,000 Apartments
For Sale The first edition of the Condomium real estate fair, specialized in luxury condominiums, taking place between February 15 and 18, will introduce for the public 35 residential projects, representing 4,000 apartments worth a total of some 750 million euros. More

Romanian Towns Ready For Malls
The number of Romanian towns that will have malls will be four times higher in 2009 according to the annalists of the real estate consultancy agency, “Colliers”. Malls will be built in 22 out of the 39 towns with 60 000 inhabitants, while at the end of 2007 only six towns had this facility... More

Real Estate In Bucharest Yields 1,500% Profit Within 8 Years
The prices of real estate in certain areas of Bucharest have increased 14 times since 1999, when a two-room apartment could have been bought for 5,500 euros in a fairly central area of the city. Areas which neither investors nor city inhabitants were interested in ten years ago have become significant property areas due to factors such as the opening of the first mall, which caused the prices of real estate to rise by a greater degree than in similar neighbourhoods. More