Prices for land in big cities remain almost unmodified compared to the previous year.
Decrease of the price per sq.m. has been reported but still, there were no large sales recorded.
In the big cities, the prices for construction land have dropped very little compared to the same period of time in 2008. However, there is a substantial decrease in the cost for lands outside the city, where prices have dropped considerably compared to last year.
Even in the context of the smaller prices, sales have not intensified, the number of sold land being actually smaller then last year. Land inside the city or close-by is however being sold very well, but the surfaces are smaller, since sellers decreased the portions due to the fact that large surface buyers are not offering high amounts for square meter, and there are less buyers that wish to invest in important such surfaces of land.
08/04/2010 March has brought an unexpected increase in the level of average prices for old properties in the Capital City, and also in other large cities, according the the monitoring reports of one of the most important websites that specialize in this profile. Though statistically real, acoording to real-estate analysts, this increase has no relevance.
07/04/2010 The world’s tallest building, Dubai’s Burj Khalifa, has been re-opened for the public after 2 months since several visitors were jammed in the elevator at floor #124.
01/04/2010 An ecological house conserves or deposits more resources than it consumes, these being then reused in the surrounding environment. At the opposite pole, the standard house consumes more energy and is less resistant to earthquakes.
