In the past few years the Romanian real estate market has seen a soaring growth in terms of prices and number of transactions. What seemed a dead market almost 20 years ago is now a huge magnet for foreign capital investment. Only in the first quarter of 2007 real estate players have announced future investments of 22 billion Euro for the 2007 – 2013 period taking the total amount to a staggering level of 42.5 billion Euro to enter the market in the following 7 years.