Tag: residential (111 articles)

Real estate   |   18 September, 2025 at 10:04 AM

Romania among EU's most property tax-friendly countries

Romania stands out in the European fiscal landscape with property taxation levels significantly lower than the EU average, according to an analysis by Cushman & Wakefield Echinox based on Eurostat data. This position has enhanced the attractiveness of the local real estate market and established a favorable tax framework for owners and investors.

Real estate   |   18 September, 2025 at 8:45 AM

Romanian construction works grow on seven months

The volume of construction works grew by 12.2% in unadjusted terms and by 10.7% as a seasonally and working-day adjusted series in the first seven months of 2025 versus the same period of last year, according to the National Institute of Statistics (INS). 

Real estate   |   17 September, 2025 at 10:13 AM

Prima Development acquires new land plot in Bucharest

Prima Development Group has acquired a two-hectare plot adjacent to its new residential project Prima Solis, launched this summer. The transaction worth nearly €4 million will allow the expansion of the complex with approximately 700 apartments.

Real estate   |   11 September, 2025 at 11:36 AM

Opus Land expands resi development near Bucharest

Opus Land Development has launched Cosmopolis Evolia, a residential project spanning 270,000 sqm adjacent to Romania's largest private neighborhood, near Bucharest, with an estimated investment north of €200 million.

Real estate   |   12 August, 2025 at 7:14 AM

Bucharest region resi market faces few deliveries, higher prices

The residential market in Bucharest and Ilfov saw a 10% drop in the number of transactions during H1 2025 compared to the same period in 2024, while sales prices have continued to climb, driven by high inflation, anticipated tax changes, and limited supply, finds a new analysis by iO Partners.

Real estate   |   11 August, 2025 at 11:45 AM

Romania's VAT increase to hit mass-market resi segment

The increase in VAT to 21% for new homes is having a direct impact on pricing and sales strategies in the residential market, with effects already becoming visible, according to Valentin Neagu, Managing Director at Crosspoint Real Estate.

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DRUID AI secures funding, names new CEO

DRUID AI, the developer of an enterprise AI platform, has secured a $31 million Series C financing round to propel the global expansion of its agentic platform.