“Of the eight persons who applied for this program, I believe that two are ineligible in terms of salary, but we will determine this after talks we hold with our partner banks: Piraeus and BRD [BRD-SocGen],” Florin Voicu, AlfaRom’s Sales Manager, told Business Standard.
Applications targeted studio and one-bedroom apartments. The price of a 48 square meter studio apartment, in the Lily Residence project, starts at €65,900, plus five percent value-added tax. The price of a one-bedroom apartment is €74,000-94,000, plus five percent VAT.
The least expensive home presented at the fair is a 97 sqm three-room villa, worth some €15,000, while the most expensive is a 1,500 sqm villa in Dubai, at €10 million.
Players in the real estate market are beginning to see the first signs of real estate sector rebound, and are expecting the first transactions to appear in this year’s second half, after an annual 40 percent drop in the first quarter.
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