Romania: Land prices drop by up to 40%

by Valentin Mateescu, Dan Dinu | 2 July 2009 | 0 comments

Vote article

Contact the author Send to a friend

  • Yahoo Messenger
  • Digg
  • Facebook
  • Stumble Upon
  • MySpace
  • rss

Right now, land prices in Romania’s capital, Bucharest, vary between 200 and 859 Euros per square meter in non-central neighborhoods. In the semicentral part prices lowered from approximately 2.500 Euro per square meter, the price recorded last year, to 1.300 Euros and even 800 Euros in some cases.

According to Vitali Ungureanu, real estate consultant for EuroMetropola, the reduced number of liquidities in Romania generated a 50 per cent drop in land market transactions this year, even if the price per square meter dropped 10% to 40%.

Prices in non-urban areas of Romania, like farmland is being sold at a price of 1.500 Euros per hectare in large plots of 80 to 1.000 hectares, and can reach 3 Euros per square meter in abutting areas of cities where economic development potential is high.

Translated by: Professional Translation

Comments Print

Taguri: Romania, land, price

Add comment:

available characters
capcha

Exchange Rates

03.09.2010

  • 1 EUR
  • 4.2796
  • RON
  • 1 USD
  • 3.3328
  • RON
  • 1 GBP
  • 5.1351
  • RON
  • 1 XDR
  • 5.0591
  • RON
  • 1 XAU
  • 134.1946
  • RON

Stock Info

03.09.2010

  • BET
  • 5095.86
  • -0.23 %
  • BET-C
  • 2965.61
  • -0.56 %
  • BET-FI
  • 22385.35
  • 0.74 %
  • ROTX
  • 10345.84
  • -0.21 %
  • BET-XT
  • 464.71
  • -0.11 %
  • BET-NG
  • 736.05
  • -0.49 %

VAT Calculator

VAT value: -
Calculate the amount of VAT and total value for a fixed amount, or the sum plus VAT the VAT and the amount excluding VAT

Car Tax

Calculate the value of the new car tax depending on the machine parameters




Most read articles

Gazeta Sporturilor news



© Copyright Media Casa Press S.R.L.
"Financiarul" is a trademark of S.C. Media Casa Press S.R.L.
® Powered by Gazeta Online & 3Waves Net
Televiziune Ziare Reviste Radio Business Cariere
Antena 1
Antena 2
Antena 3
Antena International
EuforiaTV
GSP TV 		Saptamana Financiara
Financiarul
Jurnalul National
Gazeta Sporturilor
Ghimpele 		TopGear
Felicia
Confidential
Cultura
GoodFood
GoodHomes 		RadioZU
Romantic FM		 Tipografia INTACT
INTACT Production
Open Media Network
INTACT Advertising
INTACT Interactive
Euroexpo Trade Fairs
Seed Consultants 		Oportunitati in cadrul INTACT
CSR
FUDV
Fundatia Mereu Aproape
Internet
NEWS ENTERTAINMENT FINANCE WOMEN SPORT MOBILE
antena3.ro
jurnalul.ro
ghimpele.ro
videonews.ro
intactnews.ro		 antena1.ro
antena2.tv
antenai.ro
vdtonline.ro		 sfin.ro
financiarul.com 		euforia.tv
revistafelicia.ro
myconfidential.ro		 gsp.ro
gsptv.ro
mysport.ro
pariori.ro 		m.antena3.ro
m.gsp.ro
AUTO SERVICII
topgear.ro totulredus.ro
© This site is part of INTACT MEDIA GROUP