Prices of real estates have risen by 27% in Bucharest, Greek newspaper Naftemporiki online cites data of the first quarter of 2007.
Prices of real estates have risen by 27% in Bucharest, Greek newspaper Naftemporiki online cites data of the first quarter of 2007. One square meter costs as much as EUR 1,564. A survey has revealed that a three-room housing cost EUR 80,000 to 90,000 in end 2006, six months later it costs EUR 110,000 to 120,000. The amendments to taxation, the country’s EU accession and the easier access to credits are some of the reasons for the price rises.
