Comments on: Real Estate In Bucharest During “Crisis”

By: isis

isis — Mon, 23 Aug 2010 20:38:54 +0000

Honestly I do think that our minds and what we believe effect the world we live in. I work hard and since I do have income I try to put my money back in to the kinds of services I like to see and that I need. I don’t want to get so paranoid I become a part of collapse.

By: asymmo

asymmo — Thu, 05 Aug 2010 13:12:43 +0000

Seeing some of the prices that are still being quoted for properties anywhere between a basic apartment and a luxury apartment, there seems to be very little enthusiasm to lower the purchase cost even if properties are not selling. I can only assume from this that the owners (investors) are not under pressure to cover interest payments. If this is the case, I can only speculate where the money came from.
Have road construction companies and politicians broadened their scope into property investment?

By: Bucharest Expat

Bucharest Expat — Mon, 24 May 2010 13:03:16 +0000

As time passes it is interesting to look back now at the real estate market in Romania, but more specifically Bucharest. After pouring through hundreds of listings of available commercial and residential properties for both sale and rent, one can notice that prices have not followed in the footsteps of what one would typically expect during a crisis or a faux recovery. While prices are low in Bucharest it seems to no longer be the least expensive city in Europe. Deals can be had however I catch myself doing double-takes when looking at some of the going rates for rentals here as well as the asking prices for some of the outright sales. Just in our neighborhood in Sect. 2 between 3 streets there are a total of 32 new construction apartments being built. They are asking well above what one would imagine to be “market” rates during a tough time. Thoughts?

By: Movements and Culture of the Sixties » Blog Archive » Quick scan of the net – local real estate

Mon, 09 Nov 2009 14:17:20 +0000

[...] http://bucharestexpat.com/?p=474As my primary expertise is in real estate, I am of course interested in the local property market. How is the local real estate market handling the crisis?… [...]