Romanian housing market: prices rose in February in most major cities, Cluj-Napoca is still the most expensive area

Sorin Melenciuc 06/03/2018 | 12:19

Prices of residential properties increased in four out of six major urban areas of Romania in February, due to strong demand, according to data, Cluj-Napoca retaining its position as the country’s most expensive city to invest in a home.

Data show prices rose in February for new and old houses alike, with Bucharest recording the highest month-on-month rate of 2.8 percent, to EUR 1,302 per square meter.

Cluj-Napoca retained its position at the top of the price list, even if the average price declined slightly last month to EUR 1,460/sm.

Timișoara is the third most expensive housing market in Romania, with EUR 1,167/sm, up 0.7 percent.

Residential properties’s prices rose 1.7 percent month-on-month in Constanța, to EUR 1,110 /sm, and 0.4 percent in Brașov, to EUR 1,013.

Iași, the biggest city of Romanian Moldova, recorded a 0,3 percent decline of residential prices in February, to EUR 990 /sm.







BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Sorin Melenciuc | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue