Romania through my eyes

Valentin Croitoru: “9% yield at least for a transaction of a commercial property”


Last week some of the top Real Estate experts (mainly the ones who were not still in vacation) gathered in Bucharest to discuss about the market, in a very interesting and successful event. I refer to Europaproperty’s SEE Commercial Real Estate Forum and the Awards Gala that followed. One of the participants there was Mr Valentin Croitoru. Working in Romanian Real Estate business since 2000, he is managing partner at in a real estate agency and I consider him one (and some of his colleagues that I met) of the serious people, with great potential and already a lot of experience collected. I asked [...]

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In Athens, to find out more about Romania


Hello from the sunny Greek capital. Having arrived here in Athens on Monday night, I started meetings immediately. Two new clients, several others I already know and some top Real Estate and business experts provided me a lot of feedback regarding their approach for the near future of Romania and not only. I will not tell you more today, just that things (in my eyes ofcourse) continue to look exactly as I have described to you several months ago. Yesterday I also met with a publisher, with who I discussed the translation of my book in Greek language. We prepare the same for Romanian language too, [...]

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Back on track: Vacation is over…


Buna dimineata to everyone! After a small period of vacation, today Bucharest returns to its normal standards. Last week the streets were quite empty and the majority of people were searching for ways to extend their holidays as much as possible, or (at worst case scenario) they were working without much mood. Today we are supposed to start again. Are we supposed to have “our mind focused on work”? Well, not really… Friday’s holiday is coming, everyone is expect to travel to Constanta (because traditionally this happens on every 1st of May, it is the kickstart of the summer for the majority [...]

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Does this minor earthquake influence Real Estate business?


Probably most of you know that there was an earthquake during the weekend. Its epicenter was at Vrancea county (Focsani is the biggest city there) and it was also felt in Bucharest too (and other cities). Measured a bit over 5 points (at Richter scale), it woke up memories of the past, as 1977’s earthquake had also epicenter in the same area (of course it was much stronger and created tremendous damages). At this difficult period every bad news has bigger effect than it should normally have. But except the first stress of people, nothing else seems to have happened afterwards. (From what I discuss [...]

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Back from Cluj: “Dead – tired” but happy


The evening TAROM flight from Cluj to Bucharest is always a positive surprise for me. A bigger airplane awaits many people to fill it and usually I notice that the service of the flight attendants is excellent as well. After two very tiring days in the capital of Transylvania, I return back to Bucharest, for two more difficult days, before leaving for Greece, for my Easter holidays. So, this nice atmosphere made me open my laptop and share with you my experience from Cluj, on G. Monday and G. Tuesday… More % of seriousness I know, I have stated this several times, but I will not stop mentioning [...]

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Starting as a “Heart – breaker”… Ending as a stone breaker…


This happens when you invest without crosschecking before… I looked at my right. People sitting on the chairs, talking. Then at my left. The bar of Marriott café, at ground floor. I looked up a bit. The famous stairs made of marble. I took a magazine. I was able to read it properly. This quick test convinced me that my vision was still good. I guess the three gentlemen across the table thought I am weird, or lunatic, but I didn’t have any other choice, I needed to be sure I can still see. My eyes returned to the map. There, at the edge of it, far away from Ilfov County, they met again with [...]

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“Is it good time to buy properties ,Or I can still find a lower price later?”


Linkedin: Answering to questions I don’t remember if I have told you, but lately I started being quite active at http://www.linkedin.com/, a site dedicated to business networking. I have to tell you a lot about it, but this is will come later on. Today I will share with you a question I received by someone and my reply to her. “Is it a good time to buy properties in Romania?” “From your experience it is a good time for anyone to buy properties in Romania. or the apartments can still find a lower price until the end of the year?” “It is quite simple. If you find what you need, buy [...]

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Small accident, full of surprises


“Ilia, don’t meet me this period, I bring bad luck to everyone around me, including myself of course”. “I don’t want to reply to you, so please cut the crap”. “Really, my store has been robbed, my car is damaged and I search for a place to repair, my apartment has a leak” “Where are you now?” “At Militari area, searching for the place your friend gave me, so as to put my car in service” “Ok, I am coming to pick you up, we go to see today the 2 shopping destinations, Militari Shopping Center and Grand Arena, I have clients in both of them”. “Don’t come please, meet [...]

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