Asking prices for apartments in Romania were up by 3.8% in March compared to the previous month to an average €1,654 per sqm, according to data by Imobiliare.ro platform. 

Romanian developer Nordis Group says it will deliver this year up to 1,000 hotel rooms and residential units in its project located in the Mamaia seaside resort. 

The Getberg development company is now starting to build a new residential project Forest Views in Dařbož near Prague. Another project is in the pipeline in Dubí and two projects near the capital - in Strančice u Říčany and Unhošt' - are currently being completed, Getberg announced.

Once again, in Q4 2021, the Czech Republic registered the strongest house price growth within the EU, both in a year-on-year (25.8%) and a quarter-on-quarter (5.7%) comparison, well above the EU averages of 10% and 2.1%, respectively, according to Eurostat’s house price index.

In Ljubljana, a huge mixed-use project will see the creation of a new railway station, a new bus station, a hotel, a shopping centre, offices and apartments as part of the Emonika project. The public infrastructure project will be complemented by a private development by Mendota Invest, owned by Hungary’s OTP Real Estate Investment Fund. The project, which is worth nearly €500 million, was presented in Ljubljana by Sándor Csányi, CEO of OTP, Jernej Vrtovec, Slovenia’s Minister of Infrastructure, Zorán Janković, Mayor of Ljubljana, Dusan Mes, CEO of the Slovenian Railways and Janez Kozelj, Deputy Mayor of Ljubljana, Hungarian business daily Portfolio reports.

CPI Property Group plans to offer over two thousand new apartments on the Prague residential market this year. The developer wants to start the construction in three locations - Vysočany, Žižkov and Zahradní Městě, local daily E15 reports.

More than 72,000 homes were delivered across Romania during 2021, which has been a record for the past 32 years, according to real estate consultancy Cushman & Wakefield Echinox. 

Property developer Speedwell has received the building permit for Phase 1 of the Paltim project that will feature 123 apartments out of 236 planned units, with construction works set to start soon. 

Europe’s fundamental mismatch between voracious housing demand and the limited supply is driving massive investment growth in the residential sector and will continue to generate opportunities even amid geopolitical and economic uncertainties, according to a new report by Colliers.

With prices still on the rise, buyers of apartments in Poland are adopting a realistic approach rather than wishful thinking in finding a property. The most noticeable change in purchasers’ preferences is that prospective buyers now tend to accept a smaller property and have a larger budget prepared.