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Articles - residential market

House and land prices will rise in 2021

RE / MAX Romania presents the conclusions of the market study "The most important challenges in real estate in 2020", conducted in partnership with Veridio.ro. This includes an analysis of the main factors that influenced the local real estate market in 2020, along with the forecasts of specialists for the current year and various useful information about the client's profile or the challenges of the real estate agent profession.

The buyers were more determined to secure a dwelling in 2020

The fourth quarter of 2020 marked a spectacular return of the market, with a booming transactional activity registered throughout October – December.

Gran Via Real Estate buys 2,400 sqm near Plumbuita lake for a new residential project

The Spanish origin developer, Gran Via Real Estate, announces the acquisition of a new land, located on Fabrica de Gheață Street, in the immediate vicinity of the Urban Highway.

Oxygen Home, a new exclusive villa complex in the north of Bucharest

Alina Marulis, an entrepreneur from Bucharest, is investing 10 million euros in a boutique project of 12 villas, at the edge of the Băneasa forest, near the American school.

Natural Disaster Insurance Policy (PAD) may be mandatory when selling or renting a home

Mandatory insurance against natural disasters could become a condition in the process of selling or renting homes. The representatives of the Financial Supervision Authority (FSA) want to increase the number of compulsory home insurance.

Opus Land increases its annual investment in Cosmopolis

Opus Land, one of the most important real estate developers active on the local market, will increase to 29 million Euros its annual investment in the development of Cosmopolis, the largest residential project in Romania after the number of existing facilities. The amount is approximately one third higher compared to the investment undertaken in 2020.

A new residential project in the Pipera area, on the former Serico industrial platform

Octavian Tănase, the owner of the furniture retailer Serico enters the residential market, by transforming into an apartment building an industrial building belonging to the former furniture manufacturer Serico in the Pipera office area, near the Oracle headquarters, according to Profit.ro.

Speedwell has signed a contract with BTDConstruct & Ambient and begins construction work for THE IVY

The construction works for the first phase THE IVY, the residential project located in Bucharest, Băneasa, are ready to start. Phase 1 of the complex comprises 2 buildings and 228 apartments, the first building to be delivered in June 2022.

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