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Articles - land for sale

Developers are paying up to EUR 3,000/sq. m for plots in downtown Bucharest

The investment funds interested by the opportunities offered by the real estate market in Bucharest are purchasing plots exceeding 1,000 sq. m in central areas with prices between EUR 1,200 and EUR 3,000/sq. m, according to the representatives of the real estate agency Palace Estate.

Bankrupt company of Alia Apartments developer to sell nearly 2 ha plot in Baneasa for EUR 4 million

A plot of land exceeding 17,400 sq. m, situated in Baneasa district in Bucharest, bought in 2008 with nearly EUR 12 million by the currently bankrupt company Alia Parking is up for sale for a starting price of EUR 4 million, according to information from the website of Casa de Insolvenţă Transilvania, the company’s judicial liquidator.

Israeli developer to exit Romanian real estate market, sells land in Tîrgu Mureş

Real estate developer Plaza Centers, in process of exiting the Romanian market, announced the sale of 31,500 sq. m land in Tîrgu Mureş, where intended to build a commercial centre. The land was sold for EUR 3.5 million.

Utilitarian Aviation to sell on small plots EUR 15 million land in Bucharest

The shareholders of the company Aviaţia Utilitară, controlled by the businessman Sorin Avramescu, have approved the selling on parts of a land of 50,000 sq. m in Bucharest for the total amount of minimum EUR 15,65 million, according to an information published to the Bucharest Stock Exchange.

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