Whether you want to buy or rent a property for yourself and your family, you need to be aware of some details of the real estate market in Romania, details that we will present to you:
Romanian Real Estate Market Overview: Romania has a diverse real estate market with opportunities in residential, commercial, and industrial sectors.Market conditions have been influenced by factors such as urbanization, economic growth, and foreign investment
Property Prices in Bucharest: Property prices in Bucharest can vary significantly based on location, type, and condition. Prime areas generally have higher prices compared to other districts. Average prices for apartments in Bucharest ranged from €1,600 to €3,500 per square meter, depending on the area.
Housing Options Near Bucharest: Tunari, Pipera, Corbeanca, Mogosoaia and Otopeni are among the most sought-after locations near Bucharest for those who prefer to live outside the urban congestion or wish to reside in more affordable houses. If a house starts in the center of Bucharest or in luxury areas at 250,000 euros, in the mentioned areas, prices start at 100,000 euros.
Rental Market:
• Bucharest has a competitive rental market, with prices varying by location and property type.
• Rental prices for apartments in central Bucharest ranged from €400 to €2,500 per month, depending on size and amenities.