Real Estate : Land in Bucharest and surrounding areas 80% cheaper since 2008

The price of land in Bucharest and surrounding areas has dropped by 80% since the beginning of the real estate crisis in 2008, the biggest price differences being registered for land in the western and southern areas.   “Lands have been by far the most affected segments of the real estate market. Since the beginning of crisis, sales have been strongly affected, which led to the ...

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