More than half of real estate investments in Romania (57 percent) are in the pre-construction phase – obtaining building permits, according to an IBC Focus analysis. Most of the investment in residential projects is to be made next year or in 2024.
Almost 2,000 projects are currently under construction, representing 28 percent of the projects analyzed. The analysis includes 6403 construction sites representing the construction of blocks of flats and residential complexes.
“I noticed the tendency and the preference to introduce in the offer of the developers also the possibility to have penthouses. The correlation comes from the fact that 14 percent of the total analyzed projects are provided with a secluded floor. This allows developers to make the most of the permitted height regime, but also the possibility to offer customers penthouse-type homes that generally offer access to a terrace, ”says Andrei Spătaru, CEO and founder of IBC Focus.
Source: Economica.net