Nearly two-thirds of Romanians (64%) report that their housing costs increased in the past year, although in Romania, homeownership is markedly high, with 85% of respondents owning at least one property, which is well above the European average, according to Re/Max Europe's European Housing Trend Report 2024.Additionally, 30% of Romanian homeowners own a second property, but only 35% of respondents feel comfortable with housing costs. Nearly two-thirdsof Romanians (64%) report that theirhousing costs increased in the past year.Romanians place a high value on energy efficiency and newbuild properties, they are less concerned with being close to friends and family, with only 12% prioritising that. This is notably lower than in many other European countries, indicating that Romanians may be more focused on the practical aspects of their housing choices rather than social proximity.As many as 44% of Romanians think affordability is more important than location. Almost one third of potential home buyers would like their apartment or house to have access to nature/green spaces, while 37% of them would like to own some sort of outdoor space - balcony, terrace or garden.About a quarter of them (22%) would move abroad for a more affordable life.As many as 69% of Europeans own the home they live in - and a quarter of these homeowners own a secondary residence.These secondary properties are primarily used for holidaying or retirement.Increased government support could have substantial influence on the uptake of sustainability measures; 48% of adults report that government incentives would motivate them to install energy-efficient measures.In Romania, Re/Max is the largest network of franchised real estate offices, with the largest number of real estate agents, currently having over 60 franchises and over 700 members.Worldwide, the company founded in 1973 in Denver currently has more than 140,000 affiliated agencies in 8,300 offices in 110 countries. In Europe, Re/Max operates in 40 countries, with over 2,200 offices and 30,000 agencies.
Every year, on the third Thursday of November, France celebrates the arrival of the Beaujolais Nouveau — the first wine of the harvest, young, fresh, and full of life. This joyful tradition has become a global symbol of conviviality, elegance, and the French art de vivre. In Bucharest, the celebration continues this year with an […]
The Romanian Football Federation (FRF) announced Bucharest’s candidacy to host the Europa League final in 2028 or 2029 at the National Arena, according to the FRF official website. The Europa League final represents a high-profile sporting event on a European scale. Istanbul will host the Europa League final in 2026, followed by Frankfurt in 2027. […]
Three cats from Romania received the top distinctions during the 2025 World Cat Championship held in Bucharest. Wild Forest’s Nordri, an imposing white Norwegian Forest Cat born in Romania, conquered the supreme title of 2025 World Champion, defeating over 750 cats from 35 countries. Nordri’s son, Wild Forest’s Quasar, aged 7 months, was also named […]
A report by the Romanian Court of Accounts, conducted between April and November 2024, which analyzed the organization and functioning of communes and small towns in relation to the population served, shows that, depending on the number of inhabitants, many towns and communes no longer meet the criteria for inclusion in their respective categories. According […]
An association of construction companies from Romania and Bulgaria has won the contract for building the first section of the A8 Târgu Neamț – Iași – Ungheni highway, with a bid of 4.76 billion (EUR 936 million). The contract for the 27-kilometer road can be signed within ten days if no appeals are filed. “The […]
The organizer of the march commemorating 10 years since the Colectiv club fire tragedy, Marian Rădună, was fined RON 3,000 (EUR 600) by the gendarmes because the demonstration exceeded 11:00 PM, the time set in the authorization. Approximately 200 people participated on Thursday, October 30, in the march commemorating 10 years since the tragedy at […]
