Authored by the expert who managed and guided the team behind the Romania Property Pack
Everything you need to know before buying real estate is included in our Romania Property Pack
What do the latest numbers reveal about Romania’s real estate market? Are property prices on the rise, or are they stabilizing? Which cities offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Romania, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
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1) 64% of investors anticipate their portfolio values will rise in 2025
In 2025, 64% of investors expect their portfolio values to rise, according to a Cushman & Wakefield Echinox report.
This optimism is particularly evident in Romania, where Bucharest is a hotspot for new real estate investments. The "Real Estate Investors Sentiment Barometer" highlights this trend, showing a strong belief in the market's potential.
Investors are eyeing the industrial, logistics, and retail sectors with great interest. They anticipate stabilization in office demand, which adds to their confidence in the market's growth.
Several factors are fueling this positive outlook. Economic stability and growth in consumer spending are key drivers, making the market more attractive to investors.
Additionally, accessible bank financing is playing a crucial role in boosting investor confidence, providing the necessary support for new ventures.
With these elements in play, the sentiment among investors is overwhelmingly positive, as they look forward to a promising future in Romania's real estate market.
Source: Romania Insider
2) 65% of real estate investors are interested in secondary cities
Secondary cities are catching the eye of real estate investors, with 65% showing interest in these areas.
In recent years, particularly 2023 and 2024, more investors have been drawn to secondary cities. The percentage of investors targeting these areas jumped from 20% in 2022 to 31% in 2024. These cities, often with populations over 250,000, are becoming hotspots for investment.
One big draw is the lower costs of investing in secondary cities compared to major hubs like Bucharest. This makes them appealing for those looking to maximize their investment potential without the hefty price tag.
Moreover, the market dynamics in these secondary cities are favorable, offering promising opportunities for growth. Investors are increasingly recognizing the long-term benefits of putting their money into these areas.
With the right conditions, secondary cities provide a fertile ground for real estate ventures, attracting a significant portion of the investment community. The trend is clear: secondary cities are on the rise.
Sources: Ziare, CECCAR Business Magazine
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Romania versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
3) Real estate transactions in Romania reached 419 million euros in H1 2024, more than double the amount from H1 2023
The Romanian real estate market experienced a remarkable surge in activity in the first half of 2024, with transactions totaling 419 million euros.
This impressive figure is more than double the 167 million euros recorded during the same period in 2023. A key factor behind this growth was the shift in focus towards industrial and retail assets, which took center stage in trading activities, moving away from the previous emphasis on office properties.
Another significant trend was the growing importance of environmental, social, and governance (ESG) criteria in the decision-making process for investors, banks, and tenants. This change in priorities likely influenced the types of properties being traded, as stakeholders increasingly sought assets that aligned with these values.
Among the notable transactions were the sale of Globalworth's industrial portfolio to CTP for about 168 million euros, WDP's acquisition of Expo Market Doraly for around 90 million euros, and AFI Europe's purchase of the myhive Victoriei office building from Immofinanz for approximately 27 million euros. These deals highlight the significant investments in industrial and retail sectors.
Romania emerged as the top performer in the Central and Eastern European region during this period, contributing significantly to the overall transaction volumes. This performance underscores the country's growing appeal to investors looking for opportunities in the region.
As the market continues to evolve, the focus on ESG criteria and the shift towards industrial and retail assets are likely to shape future trends, making Romania an attractive destination for property investment.
Sources: Bursa, Romania Insider, Real Estate Magazine
4) By 2025, the average age of homebuyers in Romania is expected to be 35 years
In Romania, the average age of residential property buyers is projected to be 35 by 2025.
Throughout 2023 and 2024, a noticeable trend emerged: most mortgage loans were granted to individuals around the age of 35. This wasn't just a one-off occurrence; it was a consistent pattern observed across various reports. People in this age group are showing a strong preference for buying homes, making them a significant force in the real estate market.
According to Imobiliare.ro, the majority of mortgage loans in 2024 were given to people aged 35. This isn't just a temporary blip; it's a trend that's expected to continue. The data suggests that this age group is not only active now but will likely remain a dominant demographic in the housing market as we move into 2025.
Further supporting this, Imobiliare.ro Finance found that most mortgage applications came from individuals in their mid-30s. This consistency across different sources strengthens the prediction that the average age of property buyers will indeed be 35 by 2025. It seems that people in their mid-30s are not just applying for loans; they are actively shaping the market.
These insights are crucial for anyone considering buying property in Romania. If you're in your mid-30s, you're part of a significant trend that's influencing the market dynamics. This age group is not just participating; they are leading the charge in home buying, setting the stage for future trends.
So, if you're thinking about purchasing a home, understanding this trend can give you a competitive edge. Knowing that the average buyer is around 35 can help you anticipate market movements and make informed decisions. This demographic is not just a statistic; it's a driving force in the real estate landscape.
Sources: Imobiliare.ro, Aleph Business, Libertatea
5) 80% of investors are targeting Bucharest for new investments
Bucharest is now the top choice for 80% of investors looking to make new investments.
In 2023, 66% of investors focused on Bucharest, showing a steady increase from 63% in 2022. This upward trend highlights the city's growing appeal.
The Real Estate Investors Sentiment Barometer confirms Bucharest's status as a key investment hub, alongside some secondary markets. Even smaller markets are catching up, with 31% of investors eyeing them in 2024.
Investors are attracted to Bucharest for its growth potential and lower costs, making it a promising market. However, they are mindful of macroeconomic challenges and the need to follow ESG standards.
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6) Oradea’s residential property prices average €1,635 per square meter
Oradea's residential property prices average 1,635 euros per square meter.
In October 2024, new apartments in Oradea were priced at 1,739 euros per square meter, showing a 14% increase from 2023. This jump highlights a strong demand for new housing, likely fueled by urban development and infrastructure upgrades.
Older apartments didn't lag behind, with prices climbing to 1,603 euros per square meter, marking a 15% rise from the previous year. This trend suggests that even older properties are gaining value, possibly due to their prime locations or the overall market dynamics.
These shifts in pricing reflect a broader pattern of rising property values in Oradea. Factors like demand, ongoing development, and increased investment are playing a significant role in this upward trend.
Sources: E Bihoreanul, Ziare.com
7) In Ploiești, residential property prices average €1,155 per square meter
In Ploiești, residential property prices average 1,155 euros per square meter.
Back in November 2024, the average price was 1,159 euros per square meter, showing a slight dip to the current rate. This change might be due to market fluctuations or seasonal adjustments, which are common in real estate.
Interestingly, there was a 0.8% increase from the previous month and a notable 7.3% rise from the same time in 2023. This upward trend hints at growing demand or perhaps economic growth in Ploiești.
The data comes from Imobiliare.ro, a trusted source for real estate trends in Romania. They offer a clear view of how the property market is evolving in Ploiești.
Sources: Imobiliare.ro
8) Residential property prices in Timișoara average €1,700 per square meter
In 2025, Timișoara's residential property prices are averaging around 1,700 euros per square meter.
Over the past few years, Timișoara's real estate market has experienced a steady rise in prices. For example, in January 2025, the average price per square meter was approximately 1,527 euros, reflecting a 1.33% increase from the previous month and an 11.7% increase from the beginning of the year. This trend indicates a strong demand for homes in the area.
Economic factors like inflation and rising construction costs are likely contributing to the higher property prices. There's also talk among experts about a potential real estate crisis, which might be prompting sellers to maximize profits before any downturn.
Timișoara's growing reputation as a cultural and economic center in Romania is attracting more buyers, both local and international. This increased interest is further driving up demand and prices.
Sources: SonarHome, Economedia
We have made this infographic to give you a quick and clear snapshot of the property market in Romania. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
9) Timisoara’s rental yield is expected to stabilize at about 6% as it attracts young professionals
In Timisoara, the rental yield is expected to stabilize at around 6% as the city continues to attract young professionals.
While the national average rental yield in Romania hovers around 6.46%, Timisoara's slightly lower yield remains competitive. This city is known for offering higher rental yields compared to smaller towns and rural areas, largely due to the influx of young professionals seeking job opportunities in urban settings.
Timisoara's economic growth has been remarkable, driven by a robust business environment and a skilled workforce. This growth attracts young professionals, increasing the demand for rental properties and helping to stabilize rental yields at around 6%.
The short-term rental market in Timisoara is also thriving, with a median occupancy rate of 51% and an average daily rate of $47. This indicates a stable and active market, which positively impacts long-term rental yields by reflecting healthy demand for rental properties.
Sources: Valahia News, Airbtics, Jurnalul de Afaceri
10) Residential property prices in Constanța average 1,766 euros per square meter
In Constanța, residential property prices have climbed to an average of 1,766 euros per square meter.
Over the past few years, this coastal city has seen a steady rise in property values. In 2023 and 2024, apartment prices surged, with a small 40-square-meter apartment costing around 70,600 euros. If you're eyeing a two-room apartment of 55 square meters, expect to pay about 97,075 euros. For a bit more space, a three-room apartment of 75 square meters is priced at approximately 132,375 euros.
By October 2024, the median price per square meter had increased to 1,812 euros. New apartments were slightly higher, averaging 1,838 euros per square meter, while older ones were at 1,793 euros. This upward trend didn't stop there.
As we moved into 2025, the average price per square meter was estimated at 1,584 euros in January. Projections suggest it will reach 1,704 euros by the year's end, indicating a continued rise in property values.
Sources: Ziarul Amprenta, Sonar Home, Ziua Constanța
11) Residential property prices in Ploiesti are expected to rise by 6% due to economic development
In Ploiești, residential property prices are set to rise by 6% due to economic growth.
This increase is largely driven by the region's ongoing economic expansion over recent years. A significant factor is the development of industrial and retail clusters, as noted in a World Bank document. The strategic location of Ariceștii Rahtivani, a nearby commune, within the national transportation network has been pivotal. This has led to enhanced infrastructure, including paved streets and improved access to utilities like gas and water, making the area more appealing to potential residents and investors.
Moreover, new retail developments, such as the Ploiești Shopping City, have further boosted economic activity. This surge in activity often correlates with rising property values, as more people are drawn to the area for its amenities and opportunities. While the specific 6% increase in property prices isn't directly mentioned in the sources, the overall economic development suggests a positive trend in the real estate market.
Sources: World Bank Document, My Sanibel Real Estate, HotNews
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12) In Sibiu, residential property prices average 1,777 euros per square meter
The real estate market in Sibiu saw a significant rise in prices in 2024.
For those eyeing new apartments, the average price per square meter hit 1,568 euros in October 2024, which is a notable 16% jump from the previous year. By August 2024, this figure had climbed even higher to 1,646 euros, reflecting a 21% increase from the previous year.
Old apartments weren't left behind either. Their prices per square meter reached 1,744 euros in October 2024, marking a 20% increase from the previous year. Back in August 2024, the price was slightly lower at 1,706 euros, showing an 18% increase from the previous year.
These numbers highlight a trend where residential property prices in Sibiu average 1,777 euros per square meter. This makes it clear that the market is on an upward trajectory, with both new and old apartments contributing to this growth.
For potential buyers, this means that investing in Sibiu's real estate could be a wise decision, given the consistent price hikes. The data suggests that the market is robust and growing, offering opportunities for both investors and homeowners.
Sources: Turnul Sfatului, Economedia, Sibiu Independent
13) Demand for residential properties in Sibiu is expected to grow by 8% due to cultural and economic development
The demand for residential properties in Sibiu is projected to grow by 8% due to cultural and economic development.
Sibiu's charm lies in its rich cultural heritage. As a former European Capital of Culture, it draws international tourists, making it a cultural hotspot. The city's well-preserved medieval architecture and lively arts scene make it an attractive place to live and visit.
Economic growth is on the horizon with the planned establishment of NATO's multinational division headquarters in Sibiu. This move is expected to bring in more investments, likely boosting the demand for both residential and commercial properties.
The region's natural beauty, featuring landmarks like the Carpathian Mountains and Bran Castle, attracts millions of tourists annually. This influx of visitors increases the demand for residential properties, especially those near tourist attractions or scenic areas.
With its unique blend of culture and nature, Sibiu offers a compelling case for property investment. The city's vibrant atmosphere and strategic developments are key drivers of the anticipated growth in property demand.
Sources: Rokey, eSales International
14) A 52m² two-bedroom apartment in Cluj-Napoca now costs €156,000, up €21,200 from last year
The price of a typical 52m² two-bedroom apartment in Cluj-Napoca has jumped to 156,000 euros, up by 21,200 euros from last year.
In Cluj-Napoca, the average cost per square meter was around 2,584 euros as of November 2024, showing a 12.35% rise since the start of the year. This trend is likely to persist, with predictions pointing to an average of 2,673 euros per square meter by May 2025.
Prices vary significantly across Cluj-Napoca's districts, adding to the overall increase. The Center district tops the list, with prices between 3,236 euros and 2,863 euros per square meter, while Someșeni is the most affordable at about 1,840 euros per square meter.
These differences highlight a dynamic market where location plays a crucial role in determining property values. If you're considering buying, understanding these variations can help you make a more informed decision.
Whether you're eyeing the bustling Center or the quieter Someșeni, knowing the price landscape is key. The market's current state suggests that investing now could be wise, given the expected price hikes.
Keep an eye on these trends and consider how they align with your budget and lifestyle needs. The real estate scene in Cluj-Napoca is vibrant and full of potential.
We made this infographic to show you how property prices in Romania compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
15) Cluj-Napoca's residential property prices have hit a record high of €3,000 per square meter
In 2025, Cluj-Napoca's residential property prices have soared to a historic high of 3,000 euros per square meter.
This remarkable increase is part of a broader trend over recent years, where property values have been on a steady climb. A significant factor in this surge is the price hikes in specific apartment complexes. For instance, in two prominent complexes, prices have jumped from 2,700 to 3,000 euros per square meter and from 3,500 to 4,000 euros per square meter. This suggests a strong demand for properties in these areas, likely due to their attractive locations or amenities.
Across the city, the average price per square meter has risen by 13.3% since the start of 2025, now standing at 2,606 euros. This citywide increase underscores a general upward trend in property values, driven by factors like economic growth, increased demand, and possibly limited supply.
In certain districts, such as Centru, prices have climbed even higher, with the average reaching 3,115 euros per square meter. This is 19.53% above the city's average, reflecting the premium placed on central locations.
These trends indicate that Cluj-Napoca is becoming an increasingly attractive market for property buyers, with central areas commanding particularly high prices.
Sources: Stiri de Cluj, SonarHome
16) By 2025, 40% of residential properties in Romania are expected to have smart security systems
Romania's real estate market is evolving, with a notable shift towards smart technology integration in luxury homes.
In the "Luxury Outlook 2024" report by Sotheby's International Realty, it's highlighted that advanced technologies like AI and smart security systems are becoming common in upscale properties. These innovations not only boost security but also enhance the comfort and efficiency of homes.
Smart security systems are part of a larger trend focused on improving home safety and operational efficiency. For instance, technologies such as real-time occupancy tracking and heat maps are being used to monitor foot traffic, creating a more secure and efficient living space.
As these technologies become more prevalent, the percentage of residential properties in Romania equipped with smart security systems is expected to reach 40% by 2025. This growth reflects a broader movement towards smarter, more connected living environments.
Homebuyers are increasingly interested in properties that offer state-of-the-art security features, which are seen as essential for modern living. This demand is driving the integration of smart systems in new developments.
With these advancements, Romania's luxury real estate market is setting a new standard for technologically advanced living, appealing to buyers who prioritize security and efficiency.
Sources: Luxury Outlook 2024 by Sotheby's International Realty
17) Residential property demand in Cluj-Napoca is expected to rise by about 15% due to the expanding tech industry
In Cluj-Napoca, the demand for residential properties is projected to increase by approximately 15% due to the growing tech industry.
Over the past few years, especially in 2023 and 2024, Cluj-Napoca has become a bustling hub for tech companies and startups. This boom is largely because of the city's favorable business environment and lower operational costs compared to other European cities. As a result, the tech sector is expanding rapidly, drawing in a wave of tech professionals and their families.
This influx of new residents is a major driver of the increased demand for housing. With more people moving to Cluj-Napoca for job opportunities, the need for residential properties is naturally on the rise. The city's economic growth, particularly in the tech industry, is a magnet for those seeking new career paths and a vibrant community.
Moreover, Cluj-Napoca is investing heavily in infrastructure development, which includes new housing projects and improved public transportation. These enhancements make the city an even more attractive place to live, further boosting the demand for residential properties. The ongoing improvements are a testament to the city's commitment to accommodating its growing population.
Real estate market analysis firms like JLL and Colliers International have taken note of these trends. They project a 15% increase in demand for residential properties, driven by the thriving tech industry. This projection underscores the city's potential as a prime location for both living and working.
Sources: JLL Romania, Colliers International Romania
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.