Stiri

Crossing the first quarter of 2009, we can draw the conclusion that the residential market began to unfreeze, especially on upper-medium segment.

Have been sold houses and villas located in the city or in the near-by areas, apartments in buildings completed at the end of 2009; purchases being made with either cash payment or credit, most of them for personal use.Clients are eligible to access bank loans, being still conditioned by choosing a bank to grant loans in today's market.

Recently some banks have emerged on the market with promotional offers for mortgages or consumption loans after a period in which the general trend was to wait. These actions represent a beginning of financial unlocking since the offers come equally from some important players on the market and from smaller banks present on Romanian market.

Since March customers have become more willing to take a dwelling purchasing decision for personal use, at prices that were negotiated in average with 10-15% below those required by their owners.

Due to an impressive database we are able to identify in time the market changes, prices and trends. For the last month, budgets allocated to buy a house, generally goes from 139,000 euro for Floreasca area up to 990,000 EU for Herastrau area.
Because the market has manifested an increased interest and old buildings at affordable prices, Neocasa is developing a department which deals mainly of old blocks, aiming to offer with budgets of up to 200,000 EU, offers selling and defending it in record time.

The increased interest manifested by the market for apartments in old buildings at affordable price, directed Neocasa in developing a new department targeted on this dynamic segment, aiming the offers with budgets up to 200,000 EU, the offers type that appear and sell in a record time.

If you are interested in the market segments that we could define as active in the current context (upper-medium and low segments), we recommend you to get informed about the trading prices of the property type that you want to buy, to access relevant and practical data and to avoid the influence of unprofessional views and opinions.