Home | Posts | BR ANALYSIS. THE LUXURY RESIDENTIAL MARKET IN ROMANIA AND THE MOST EXPENSIVE HOMES IN THE COUNTRY

BR ANALYSIS. THE LUXURY RESIDENTIAL MARKET IN ROMANIA AND THE MOST EXPENSIVE HOMES IN THE COUNTRY

Romania has a small, but relative strong luxury residential market, beginning with pre-war refurbished buildings and continuing with small 5-10 flats blocks, or penthouses overlooking the city. “It is a very small percentage of medium, medium-plus products, which are close to EUR one million. If you choose to invest in one of these projects, only a few apartments, practically the penthouses, that offer large surfaces, are approaching this level. 1 percent or 2 percent of the project,” Mihaela Pana, Partner Residential Agency Cushman & Wakefield Echinox, told BR. Read more on www.business-review.eu

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