After Romania joined the EU in 2007, the country experienced a boost in real estate transactions and the trend is upwards.
Bucharest is a dynamic capital city with over two million inhabitants. Bucharest is a financial and university center and hosts Romania’s main airport.
The real estate market in Bucharest is currently one of the cheapest among the European capital cities and registers the highest growth rate and one of the highest yield rates in Europe. Bucharest is attracting multinational companies and firms, mainly from technology and IT industries.
Economic sectors like logistics, tourism, trade and constructions have a direct effect on the real estate market.
Also other Romanian cities register a very high growth rate, for example Cluj-Napoca, Sibiu, Braşov , Iaşi and Constanţa.
Romania is expected to register a real growth rate of 3,5% over the next five years and offers interesting investment opportunities in the real estate market.