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Old 04-06-2008, 01:26 PM
Transylvania Investment Transylvania Investment is offline
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If one takes the ads placed by owners on Romanian real estate websites, for example he will see ads at 5,000 EUR/ 1 sq. m, as well as ads at 2,200/1 sq. m, because there is not even a common sense rule operating on Bucharest market. A valuator alone can say how much a place is worth, but that would not necessary stop owners and agents to sell for a higher price. We've also recently sold in Unirii area for 3,250 EUR/ 1 sq. m. However the trend of Bucharest is high prices for low quality. We've recently been shown an apartment on Dorobanti purchased for 5,000/ 1 sq. m. and another for sale in Herastrau area for 5,200/1 sq. m. and this is by all standards, sick!
Glad to see you offer quality for the new development in Dristor. This is rare for new built/ off plan. I salute you and congratulate you for this offer!

Quote:
Originally Posted by David howe View Post
Actually no, we can still get very good centrally located & Dorobanti at under 3000 a meter and Unirii Bvld at 3,500 stacking up to 6-7% rental return. Anyone looking good quality new build on metro line is available at Dristor and Golescu at 2000 per meter some with guaanteed rental contracts in place.

INVESTMENT ROMANIA - Investment in Romanaia, Property management, Due diligence, Renting in Romania

Last edited by Transylvania Investment; 04-06-2008 at 01:43 PM.
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