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Tag Archives: housing

Romania boasts among the lowest price levels in the EU

Romania is among the three countries in the European Union with the lowest price levels  for consumer goods and services, the latest Eurostat report “Is Your Country Expensive” reveals. Denmark and Luxembourg had the highest price levels in 2017 (both ...

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Prime Kapital heralds its first residential project in Romania: a gated-community housing concept in an Eco-friendly location in northern Bucharest

Regional real estate developer and investor Prime Kapital announced its first residential project on the local market. In a press conference on Thursday, the South-African developers said that Avalon Estate, to be located in northern Bucharest, aims to be the ...

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Eurostat: Bulgaria, Cyprus and Romania, the highest percentage of GDP allocated for ‘housing and community amenities’

In 2015, almost EUR 86 billion of general government expenditure was spent by EU Member States on housing and community amenities. This figure is equivalent to 0.6% of the EU’s GDP. In addition, Member States spent nearly EUR 81 billion ...

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The Competition Council has generated more than EUR 1bn in savings for Romania

The Competition Council (CC) has generated over EUR 1 billion of savings for Romanian citizens in 20 years of activity, according to a report by the Academy of Economic Studies (ASE). The President of the Council, Bogdan Chiriţoiu, stated that ...

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75 pc of banks expect the law on debt to equity swap to lead to moderate decline in the price of housing, survey says

Three-quarters of banks (75%) expects the law on debt to equity swap to lead to a moderate decline in housing prices, while 20% of them predict a significant cheapening, according to the ARB & EY Banking Barometer – 2016 edition. ...

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Tax on natural persons’ housing could increase in 2016 by up to 30 pc

Taxes on natural persons’ housing will increase in 2016 by up to 30%, according to the new Tax Code, and the calculation will be done by local authorities, said Adrian Vascu, president of the National Association of Appraisers Certified in ...

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Romania, the country with most dwelling owners in the EU, 96.1 pc in 2014

Romania ranks first in the European Union in terms of percentage of population living in private housing, 96.1% in 2014, well above the EU average of 70.1%, according to the data released on Monday by the Statistical Office of European ...

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Housing: Fires and earthquakes are the disasters Romanians fear most

The fires are the biggest housing threat for four of ten Romanians, one third say the biggest danger is the earthquake, according to a survey that shows that 15% of respondents are afraid of flooding with water from pipelines and ...

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