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