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Bucharest property slump



Country:  Romania

8 May 2009

With demand for property in Romania waning, the average price of a home in the outskirts of the capital of Bucharest has depreciated by over 20% so far this year, according to Romanian publication Ziarul Financiar.

The data compiled by Ziarul Financiar was calculated from sales advertisements on property portal, anuntol.ro, and shows that the worst price fall has been recorded in the Drumul Taberei district (-25.2%). The best performing area was Stefan cel Mare, where prices rose by 6.9%.


See Also:   Romania


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Some properties in Romania

Second Land, Bucharest, Romania

Second Land, Bucharest, Romania

Price: 25 Euro/sqm

Type: Land

SECOND LAND
Long: 657 meters - opening to the access road
Wide: 32 meters
Total of ~21000 sqm
The requested price for this land is 25 EUR/sqm


First Land, Bucharest, Romania

First Land, Bucharest, Romania

Price: 25 Euro/sqm

Type: Land

FIRST LAND
Long: 834 meters
Wide: 21 meters - open access to the highway
Total of ~17500 sqm
The requested price for this land is 25 EUR/sqm


Third Land, Bucharest, Romania

Third Land, Bucharest, Romania

Price: 35 Euro/sqm

Type: Land

THIRD LAND
Long: 489 meters
Wide: 42 meters - open access to the highway
Total of ~20500 sqm
The requested price for this land is 35 EUR/sqm


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