Real estate

– “My client has this offer for you” – “It is too low, I have already two better offers by other developers” – “How much do they pay?” – “More or less 30% more than you do” – “But how is it possible? We will both sell at the same price…” – “How much do  [more]

– “We simply did not know, Ilia… we thought that life was a game… our salaries and income was increasing year after year, the prices of the properties were rising week by week… we were not realizing what it meant for us to buy a very expensive property or sign a 30 years’ loan, committing  [more]

“I entered in an office, where many people used to work. Now there is just one person and he simply refuses to sign any document at all. But this is the good scenario, as you find someone to talk to you. In other cases, the office is just locked”. The Romanian Real Estate market reached  [more]

90%+ of Romanians and foreigners who buy an apartment in the country, buy properties with value less than 90.000 Euro, less than 385.000 Ron (circa 85.500 Euro) to be more precise. This happened due to the fact that properties sold with a price up to this limit were taxed with 5% VAT. During the last  [more]

* the article was first published on the 3rd of May 2012 The Romanian real estate market is in a transition period. The worst seems to be in the past, but better days have yet to come. The European economy will remain weak during 2012, blocking the evolution of the Romanian one as well. Once  [more]

* the article was first published on the 7th of February 2012 2012 brought us one of the coldest periods we have had in Romania during the last decade. But this is one of the few changes that we have experienced. Most of the key factors that create the business environment in Romania remain the  [more]

If the Romanian renewable energy market has one sector where people bend the truth, this is by far the solar one. Let us go over 5 common lies and 5 truths that we hear in our daily business activity: 1. “Romania has 1.400 – 1.750 hours of annual irradiation” Lie. All serious players prepare their  [more]

Romanian agricultural land was a “bullet proof” investment during the last four years of the economic crisis. Prices have remained steady or increased, while the rest of the market witnessed serious declines. (Of course some “experts” have announced that the prices increased 3 – 4 times since 2007, trying to attract speculators rather than investors  [more]

Two years ago I shared with you my prediction that “we are entering a new generation of residential developments, smaller projects with less surfaces, better organized and planed, lower monthly costs and maximum flexibility”. (You can check my text here) As we all witnessed, this has been the trend since then. All developers of new  [more]

Tomorrow, the anual edition of the "Greek Business Forum" will take place, an event addressed not only to the Greek investors active in Romania but also to all companies and business individuals interested in staying updated on the moves of the most dynamic local business communities! Business Review, the organizers of this event, have done me  [more]