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After the relative calm of the 1990s, since 2002 Romania has experienced a dramatic increase in property prices. Between 2002 and 2007, the median price for an old communist-era apartment rose by a factor of 10 (x 1000%), from around €10,000 to c. €100,000.
Apartment Building 63, also called Commune 63 (Romanian Comuna 63) is an apartment building located in the Dristor neighbourhood in the south-eastern part of Bucharest and it is the largest single residential building in Romania [1] with a total of 950 one-room apartments, and holding just over 1,600 residents, [2] although up to 2,500 people may be living there. [1]
Asmita Gardens is a residential complex located in Bucharest. The complex has a total surface of 70,000 m 2 (750,000 sq ft) and is formed by a total of seven towers, five of which have a height of 16 floors (64 m), one tower with a height of 20 floors (80 m), and one tower with a height of 25 floors. At 92.2 m (302 ft), the 25 floor tower T3 is ...
In 2009, at purchasing power parity, Bucharest had a per-capita GDP of €26,100, or 111% that of the European Union average and more than twice the Romanian average. [2] The city's strong economic growth has revitalised infrastructure and led to the development of many shopping malls and modern residential towers and high-rise office buildings.
A notable exception is the building of the National Theatre of Bucharest, Romania, which was damaged by bombing in August 1944. Though part of the building was still standing, after taking complete power in 1947, the communist authorities decided to tear down the remains of the building. In the late 1940s, the USSR developed a new type of high ...
Bulevardul Unirii (Romanian: [buleˈvardul uˈnirij], Union Boulevard) is a major thoroughfare in central Bucharest, Romania.It connects Constitution Square (Piața Constituției) with Alba Iulia Square (Piața Alba Iulia), and also runs through Union Square (Piața Unirii).
University of Bucharest. Public universities and colleges: Academy of Economic Studies (Academia de Studii Economice); Architecture Institute (Institutul de Arhitectură Ion Mincu)
Piața Unirii (Romanian pronunciation: [ˈpjat͡sa uˈnirij], Union Square) is the largest square in central Bucharest, Romania, and one of the largest public spaces in Europe, being located in the center of the capital where Sectors 1, 2, 3, and 4 meet.