The team here at MRI Overseas Property is very happy to ascertain that strong demand for new housing stock continues in Romania. Construction growth in the region is rising to meet this demand, which derives from the increasing number of young, middle-class residents who want to live and work in the city.
This is why MRI launched City Residence Bucharest – a development project which is specifically designed to appeal to these young Romanians. The development features 15 generously spaced blocks comprising studios, one bedroom units and three bedroom penthouses, and boasts finishes of the highest quality (MRI standards, of course!).
MRI City Residence Bucharest is ideally located close to two airports, points of employment, and what is soon to be the largest technology and commercial zone in central/eastern Europe.
And now, due to the increased availability of mortgages from many providers in Romania, the housing market is looking positive! The MRI team is delighted with this encouraging news!