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Overseas Property News
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Romanian property schemes frozen
Country: Romania
15 April 2009 Large-scale property projects in Romania worth a combined £2.7bn have either been scrapped or suspended, according to research carried out by the Ziarul Financiar newspaper. It is estimated that as many as 6,000 homes in residential projects in and around the city of Bucharest have been put on hold by developers such as EFG, Martinsa-Fadesa, Africa Israel and Copper Beech. The credit crunch and consequence fall in demand for property in Romania, have been cited as the main cause for the suspension of these projects.
See Also: Romania
Some properties in Romania
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Price: 25 Euro/sqm
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Type: Land
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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
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Price: 25 Euro/sqm
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Type: Land
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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
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Price: 35 Euro/sqm
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Type: Land
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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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