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Articles - residential market

Cordia Romania starts the construction works at the second phase of Parcului20 residential project

Are you looking for a new apartment? Curious to see what the Expozitiei area in Bucharest looks like? Visit Parcului20 residential project and the developer offers you a transport voucher from Black Cab!

It is official: VAT at 5% for homes up to 120 sqm which costs a maximum of 140,000 euros

The law amending the cap for the application of the reduced VAT rate of 5% on the tax base for the delivery of housing with a usable area of up to 120 square meters has been enacted.

New standards of the European Commission - major changes for homeowners, tenants and public authorities

The European Commission's "Wave of Renovations" initiative is a historic opportunity to turn the current stock of buildings, mostly old and energy-intensive, into more efficient, sustainable and healthy for people. The strategy includes numerous measures to make investments in building renovation more accessible and to encourage building owners and public authorities to carry out energy renovation works.

Sale transactions on the residential market in October, a new record

In October 2020, 83,675 properties were sold nationwide, 35,107 more than in September 2020 and 25,341 more than in the same period last year.

The most expensive new apartments in Romania

Even if the year 2020 is influenced by the coronavirus pandemic, the real estate market in Romania has not suffered. House prices are growing steadily, while the number of transactions is growing compared to 2019.

New records on Bucharest’s residential market

The residential market from Bucharest and its surroundings registered in 2020 a new year with record results regarding deliveries. Over 16,000 new residential units could be delivered overall in 2020, thus setting a new local record, according to ”Romania Residential Market Genome 2020” report issued by real estate consultant SVN Romania.

Bucharest residential market, fast recovery

Although the emergency period blocked real estate transactions, including in the residential market, the residential segment recovered rapidly from May, the total number of transactions in the first nine months of 2020 decreased by only 8% compared to the same period of the previous year.

A new residential project with 500 apartments on Şoseaua Gării Căţelu in Bucharest

Dan Şucu, the owner of Mobexpert, the developer of the Arcadia Apartments residential complex, which includes 800 apartments and was developed in partnership with Conarg owner Valentin Vișoiu, intends to develop a new mixed project on a four-hectare plot on Şoseaua Gării Căţelu.

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