Romania through my eyes

Easier to get Scarlet Johansson on your bed,than selling a land in Butimanu with 30 euro / sq.m.


(All time Classic, 16.06.2008) It was 2006. Almost 2 years ago and we were in the middle of a very hot summer. I was in Athens, for my usual monthly visit so as to meet with clients, media people, politicians etc. After a really tiring day and 8 meetings, I had a last one in a so called "bad" area of the city. I was invited to meet there some clients, introduced to me by another investor who was satisfied by my advices. Having in my background almost 15 years in the Greek media, it is normal to have quite a few connections and some very good friends. One of them, working for one of the [...]

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16 “brides”, the owner, my client and me sitting around a table for 6 people – part 2


  Part 2   (To read part 1, please press here:)   16 brides, the owner, the client and me, sitting at a “table for 6 people” The room was not big. The table could roughly host 2 people on each side, plus one guy at each of the two table “heads”. The two collaborators of mine were sitting across from each other and we asked them to move from one side, in order for us to be on the other one. We were offered water and we waited for the owner… But this was not meant to happen so fast. After 2 minutes, a gentleman came, opened the door, saluted the [...]

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16 “brides”, the owner, my client and me sitting around a table for 6 people


  Part 1 to read the second part click here   Every Real Estate market has its own “urban legends”. The same is true for Romania. If you join our profession, you will soon hear about several “super properties” that “exist” somewhere out there. Usually they are described as “unique” and they are always difficult to reach. Sometimes “someone” (an intermediate, a broker or “someone who knows someone, who is friend with someone else”) gives you a small hint, or even an old sketch, but if you try to find out the reality, [...]

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“Welcome to Fundulea, you will become rich here”


part 2 of the text with title: “If you can not avoid a rape, at least try to enjoy it” A Greek and a Romanian: 2 serious gentlemen Having left from Calugareni at about 12.00, we had to be fast, in order to arrive on time to our next meeting, at Pantelimon area. God was generous with us and we managed to use the ring road of Bucharest without to be blocked by traffic. Grigoris felt a great relief, watching us entering at DN3 road few meters before the major trucks were already stopped… At about 12.30 we reached the parking of a warehouse, where two gentlemen were waiting for [...]

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“If you can not avoid a rape, at least try to enjoy it”


Fundulea, Calarasi county. Thursday, 14.00 When the gentlemen went to speak with the newcomer, Grigoris turned around and looked at me. His shoes were white, like mine. His clothes were full of dust, mine too. Our faces were dirty. He raised his hands up to the level of his shoulders… – “I am desperate. What is this? A circus? Do they consider us THAT stupid?” – “Looks like they do” – “But how is it possible? We have common sense, how can they tell us all these ridiculous lies?” – “My dear brother, you kept on telling me that my job is easy. [...]

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160 euro / month for a renovated studio at Piata Victoriei:Is it the beginning of the end? Or the end of the beginning?


This article was published on 13.01.2010 I think I have already told you that I have a friend who is a real “scanner”, crosschecking the market in daily basis, finding opportunities, comparing prices throughout the months etc. So, searching for another friend of mine, she sent to me several super offers for apartments to rent in ultracentral areas, at Piata Victoriei, Dorobanti etc. All the offers were very attractive, about 250 – 350 euro / month for a renovated furnished studio in these areas. (I had informed you since last year that, due to “Prima Casa”, the prices in top areas [...]

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“If he will die before me, I will attend his funeral, I can even have a speech”


(All time classic, 14.10.2010) “The best offers of the market” “MISTER ILIAS, I have for you the best offers of the market”. “Good, it is the first time I hear this, let me see what you got”. “This is a property in the centre of Bucharest (he says all the details) and I have it for the price of 6,5 million euro, owner’s price always”. “But the real one is not even half”. “It is not my fault, mister, this is what the owner wants”. “Ok, I understand his problem. But how can I propose to my clients a price like this, I don’t have stupid investors, I was never lucky and intelligent enough to [...]

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The perfect trick: “1 golden coin for 1 coat”


100 years ago, there was a town. Commerce was going well and everything was normal until one Monday during September someone new in the city appeared at the central square and announced: “Whoever brings me one coat, I will pay him with 1 golden coin”. That time a coat’s price was maximum the equivalent of 0,1 golden coin”. People were confused, but some of them returned soon with a coat. They were curious to see what will happen. The unknown man paid them, 1 golden coin for each coat. The whole town started discussing about this. 50 coats were sold… (weekly investment: 50 golden coins) “2 golden [...]

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