The Bucharest market is yet to see major residential developments. Therefore, we see only a limited no. of contracts, by professional Property & Facility Management Companies, for running residential compounds. 

Regarding the older block of flats, they are managed by individuals or small companies through Landlords' Association. 

The market research reveals that the cost (management and financial services) for residential compounds are between 0.5-0.7 Euro / sqm. / month + VAT.