Real Estate : Land business deals continue to be most profitable on Romania's real estate market
Tuesday, April 3, 2007
The business deals with land continue to be the most profitable on Romania's real estate market. In Bucharest, the investments in plots of land bring, in general, a yield above the country's average.The selling prices of Bucharest plots of land rose 25-30%. One sqm of land in luxury residential districts Primaverii and Kiseleff (north) is traded for 3,500 euros, according to a study of CB Richard Ellis company. Specialists say the properties in south and east of Bucharest will record notable ...