White Mountain Property » News » Colliers: No. of empty apartments in residential complexes up 50% in H1

Colliers: No. of empty apartments in residential complexes up 50% in H1

The stock of recently finalised yet unsold apartments reached 3,700 at the end of the first half of the year, up 48% against the end of last year, according to a survey of the Bucharest market conducted by real estate consultancy Colliers.

"Demand has not kept up with the volume of deliveries in the last 18-24 months," - this is the reason for which increasingly more new apartments are left unoccupied. The number of apartments finalised in new residential complexes has reached 13,500, which means unoccupied apartments account for 27% of the total.

One of the residential complexes that has finalised apartments this year and put them up for sale is Ten Blocks in Militari district.

"In February we put 130 apartments up for sale, with 40 of them still empty. They are mainly quite large three-room apartments. The two-room ones did sell, although their price was above the limit of the First Home scheme," says Andra Turtoi, sales manager of the Ten Blocks project.


September 10, 2010, 2:52 pm

Latest!

Latest properties!

  • 1 bedroom apartment / apartament 2 camere for rent

    Brasov » Strada De Mijloc for rent

    New ConstructionInternet, Cable TVGas Central Heating / Centrală termică pe gazDouble Glazing / Geamuri termopaneNear School / In apropierea scoliiClose to Amenities / In preajma facilitatilorFitted Kitchen / Bucătărie echipatăFurnished / MobilatOff Road Parking / Parcare in stradă

    Price: € 285

  • 1 bedroom apartment / apartament 2 camere for rent

    Brasov » Molidului for rent

    New ConstructionInternet, Cable TVGas Central Heating / Centrală termică pe gazNear School / In apropierea scoliiClose to Amenities / In preajma facilitatilorFitted Kitchen / Bucătărie echipatăFurnished / MobilatGarage / Garaj

    Price: € 320

  • 1 bedroom apartment / apartament 2 camere for rent

    Brasov » Bulevardul Saturn for rent

    Gas Central Heating / Centrală termică pe gazDouble Glazing / Geamuri termopaneNear School / In apropierea scoliiClose to Amenities / In preajma facilitatilorFitted Kitchen / Bucătărie echipatăFurnished / MobilatOff Road Parking / Parcare in stradă

    Price: € 250

  • Land / Teren for sale

    Ghimbav » for sale

    Price: € 1,000,000

  • Land / Teren for sale

    Cristian » for sale

    Price: € 270,000

  • Land / Teren for sale

    Bran Region / Regiunea Bran » Moieciul de Jos for sale

    Close to Amenities / In preajma facilitatilor

    Price: € 145,000

  • Holiday House / Cazare for sale

    Covasna » for sale

    New ConstructionInternet, Cable TVGas Central Heating / Centrală termică pe gazDouble Glazing / Geamuri termopaneFitted Kitchen / Bucătărie echipatăFurnished / Mobilat

    Price: € 170,000