| From Thediplomat.ro: Land prices have dropped to pre-boom levels, but buyers are still scarce on the market. Is this the last chance to pick up a slice of Romania for a bargain? In five years, Romania has moved from a cheap place to buy land to a magnet for speculation and then back to a location where land prices are again at a cut-price level.
Prices of land in prime areas are falling by 30 per cent or more, in cities outside of Bucharest by half, while in remote areas by 80 per cent. Overall, the country is witnessing the same prices as in 2005...........................................Full Article: Source
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