First Name:
Last Name:
Email:
Phone:
Select Country:
$Choose Option Afghanistan Åland Islands Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia Botswana Bouvet Island Brazil British Indian Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Chad Chile China Christmas Island Cocos Colombia Comoros Congo Congo Cook Islands Costa Rica Côte d'Ivoire Croatia Cuba Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic East Timor Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia French Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guam Guatemala Guinea Guinea-Bissau Guyana Haiti Heard Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kiribati Korea (north) Korea (south) Kuwait Kyrgyzstan Lao People's Latvia Lebanon Lesotho Liberia Libyan Arab Liechtenstein Lithuania Luxembourg Macao Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island Northern Mariana Norway Oman Pakistan Palau Palestinian Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Puerto Rico Qatar Réunion Romania Russian Federation Rwanda Saint Helena Saint Kitts Saint Lucia Saint Pierre Saint Vincent Samoa San Marino Sao Tome Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia Spain Sri Lanka Sudan Suriname Svalbard Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks Caicos /option> Tuvalu Uganda Ukraine UAE United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Wallis Western Sahara Yemen Zaire Zambia Zimbabwe
I hereby also consent to the receipt of any and all promotional materials and advertisements delivered to me from Prime Casa Europe, via e-mail, SMS messages, facsimile and/or automated telecommunications systems.

• Romania Info
• Location
• Economics
• FDI
• EU
• EU Funds
• Real Estate
• Bucharest

Some facts about Romania

• Since it accession to the EU, Romania is making progress in almost every aspect, from legislation to infrastructure
• An attractive location between Europe, the Middle East and Asia makes it a promising destination for international investments.
• Population of 22,000,000 makes it the second largest market in Europe.
• Romania benefits from rising FDI flows due to the privatization process, and the advantage of its big internal market
• Romania is the most EU dynamic construction market. The value of construction works is the highest in Europe, and is expected to increase.
• The residential sector is the main driver behind the development of the construction sector. About 90% of new construction on a national level was residential.
• A supply of new homes in Romania and Bucharest is a quarter of the demand. There is a shortage of over 900,000 new modern homes and apartments in the country and over 300,000 units in Bucharest. The demand for housing will not be met sooner than 2017.
• The sale price of new apartments climbed by up 30% in the first quarter of this year in contrast to the same time last year.
• There is a consistent increase in local and foreign demands for housing and prestigous apartments.
• Expansion of metropolatin areas around central cities accompanied by massive building of bridges, streets and the improvement of infrastructures.

Since it accession to the EU, Romania is making progress in almost every aspect, from legislation to infrastructure. Large scale Privatization of buildings and grounds formally owned by the government leads to an expansion of metropolitan areas around central cities accompanied with massive building of bridges, streets and the improvement of infrastructures. Romania has taken decisive actions to meet EU requirements. As a result, meet the EU funds assist the government and promote new projects and initiatives.

As a result of the close economic integration with the West, the Romanian economy is now booming. Almost double-digit rates of growth propelled the once poor country into the ranks of the middle-income nations. The prospects are good for this year and the next. The real estate market is also the envy of the Europeans. After the long plateau in the 1990s, the boom since then has increased the prices by a factor of ten. Romania still has to grow to reach the Central European level. Right now, perhaps for the first time in history, Romania is considered as a top investment destination.
The Eastern Europe countries are now one of the most attractive investment places in the world and, among these countries, Romania is ranked high, due to its position and natural resources. The privatization process is a never-to-come-back opportunity to invest in a country with good development capabilities and offers the possibility to save.

At information about Romania it is important to underline that Romania is considered the most EU dynamic in the construction market. The value of construction works is expected to increase in 2009 with 5% to 30% (in former years the growth was estimated as the highest in Europe). The residential sector is the main drive behind the development of the construction sector. About 90% of the new construction on a national level was residential (UK Trade & Investment, 2008).
There is a growing demand for housing which heavily outweighs the supply. There is a shortage of over 900,000 new modern homes and apartments in the country. The demand for new property, especially new houses and villas is phenomenal. This has led to the supply being fairly restricted, which in turn increased the prices of available properties. Over 100,000 residencal properties are currently in midst of construction in Romania. However, the demand for housing will not be met sooner than 2017.

Demand for new houses in Bucharest is estimated at 300,000 units, but only 9,500 residential housing units were built in 2008. The first quarter of this year saw the acquisition of 2,000 new apartments, 81% more than the same time last year. The sale prices of new apartments climbed up to 30% in the first quarter of this year in contrast to the same time last year. City planners believe that for new apartments, prices will continue to rise, due to the rising price of land and construction materials (Romania Report, Ziarul Financiar, 26.06.2008).