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Everything you need to know before buying real estate is included in our Romania Property Pack
Where are the best places to invest in Romania right now? Is Bucharest still the top pick, or are cities like Cluj-Napoca, Timișoara, and Iași gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with notaries, real estate agents, and clients who invest across the country. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Romania and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
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1) Cluj-Napoca’s Mărăști neighborhood is popular for high rental yields fueled by student demand
Cluj-Napoca's Mărăști neighborhood is a hot spot for investors because of its high rental yields.
Thanks to the growing student population in Cluj-Napoca, rental demand is booming. Babeș-Bolyai University, the largest in Romania, hosts over 31,570 students, many of whom seek housing in Mărăști.
Rental prices are climbing, with small studios going for about €350 a month. This demand isn't just from local students; international students are also flocking here, further heating up the market.
Despite rising property prices, Mărăști still offers attractive yields for investors. Studios yield around 5.58%, while 1-bedroom apartments offer 4.40%, making it a lucrative choice.
Investors are drawn to Mărăști not only for its yields but also for its vibrant community, fueled by the student influx. This dynamic environment ensures a steady stream of potential tenants.
With the combination of high demand and competitive yields, Mărăști stands out as a prime investment location in Cluj-Napoca.
Sources: Global Property Guide, Romania Insider, Cluj XYZ, RTSA
From this video, we realize that Cluj-Napoca's student-driven demand is leading to high rental yields, highlighting its position as a top investment destination.
2) Brașov’s Old Town is a hotspot thanks to booming tourism and rental opportunities
Brașov's Old Town is buzzing with tourists, making it a prime spot for property investment.
Every year, over 1.5 million tourists flock to this charming area, drawn by its medieval architecture and vibrant culture. This surge in visitors has sparked a boom in short-term rental opportunities, perfect for those looking to tap into the tourism wave.
For property owners, the numbers are promising. The average occupancy rate for short-term rentals sits at 43%, with a daily rate of $81. This translates to a potential monthly revenue of $6,954, making it a lucrative market for savvy investors.
Currently, there are 3,012 short-term rental listings in Brașov, and this number is climbing. In the past year alone, listings have increased by 3%, reflecting a growing interest in this bustling tourist hub.
Local government efforts are also boosting the city's appeal. In 2024, 1.2 million EUR was allocated to cultural projects to enhance Brașov's charm. Plus, the new Brașov International Airport and luxury resorts are making the city even more accessible and attractive to visitors.
Sources: Brasov HUB-IN: A green door to adventure, Airbnb Data on 3012 Vacation Rentals in Brasov, Strategic location and tourism potential allure real estate investors
In this video, the Brașov property market is discussed, showcasing its undervalued prices and tourism-driven growth. The city's proximity to Romania's top ski resort adds to its investment appeal.
3) Constanța’s Mamaia Nord leads in beachfront homes with values climbing thanks to tourism growth
Mamaia Nord is a hotspot for beachfront properties due to its rapid growth and appeal.
Property prices here are on the rise, with the average price per square meter for new homes reaching up to 1,750 Euro + VAT. This shows a strong increase in value, making it an attractive investment.
The area is buzzing with tourists, which is a big draw for property buyers. In 2023, the number of tourists visiting the seaside increased by 8.2% compared to the previous year. Early bookings for 2024 are already 25% higher, indicating a booming interest.
Foreign visitors, especially from the United States and Turkey, are flocking to Mamaia Nord, boosting demand for accommodations. This influx is a key reason why property demand is soaring in the area.
New hotels and residential complexes are popping up, adding to the area's charm. The Nordis Group is building Romania's largest 5-star hotel and residential complex, complete with modern amenities like SPA centers and private beaches.
These developments are not just for tourists; they attract investors too. The combination of luxury and location makes Mamaia Nord a prime spot for real estate investment.
Sources: Romania Property Club, Funky Travel, Romania Property Club
In this video, Constanța's beachfront properties and their rapid appreciation are shown, emphasizing the role of growing tourism in the market's expansion.
4) Iași’s Copou area is gaining attention for its rapid appreciation and luxury developments
The Copou area in Iași is quickly becoming a prime spot for luxury real estate.
One of the standout projects is Greenfield Copou, a massive green residential development that offers premium finishes and breathtaking views of the city and the Botanical Garden. This makes it a magnet for those looking to invest in high-end properties.
Thanks to Iași's thriving IT sector and investor-friendly policies, there's been a noticeable influx of wealthy residents. This has led to a 12% increase in demand for upscale living spaces, pushing the development of luxury properties even further.
Big-name retailers like Ikea and Jumbo setting up shop in the area highlight its strong market potential, drawing even more investors to Copou.
The local government is also playing a big role, with 1.2 billion EUR in public investments aimed at urban development. Projects like expanding the airport terminal and modernizing the city are set to enhance Copou's infrastructure, making it even more attractive for luxury developments.
Sources: Romania Insider, Romania Property Club, Impact SA
5) Oradea’s Nufărul district is attracting interest with affordable homes and potential for future appreciation
Oradea's Nufărul district is becoming a hotspot for those seeking affordable housing with promising future value.
In Nufărul, you can snag a 1-bedroom apartment for about 1,296.75 lei, which is a steal compared to the 2,484.42 lei you'd pay in Oradea's city center. This price difference makes Nufărul a smart choice for budget-conscious buyers.
The district is buzzing with new infrastructure projects, like the geothermal district heating initiative that promises clean heat for around 13,500 residents. This is one of Oradea's largest projects, signaling a big investment in Nufărul's future and boosting its appeal.
Backing from the local government, especially through the EU’s Large Infrastructure Operational Program, shows a strong commitment to upgrading Nufărul's infrastructure. This support is drawing attention to the area, with new residential projects popping up.
With these developments, Nufărul is not just about affordable living; it's about living in a place that's on the rise. The combination of low prices and significant improvements makes it a district to watch.
Sources: Numbeo, Geothermal Stories, Property Forum
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6) Timișoara's central district is booming with rising property prices driven by its tech industry and influx of young professionals
Timișoara's central district is experiencing a surge in property prices thanks to its booming tech industry and the influx of young professionals.
In the heart of Timișoara, the average house price has climbed to around EUR 1,250 per square meter, a clear sign of the strong demand for housing. This demand is fueled by the city's transformation into a tech hub, attracting numerous companies looking for modern office spaces. The tech sector's growth has opened up more job opportunities, drawing young professionals who are eager to be part of this vibrant urban scene.
These young professionals are not just chasing jobs; they are also drawn to the lively lifestyle that Timișoara offers. This demographic shift is pushing property prices up, as they typically prefer living in urban areas, further increasing the demand for homes in the central district.
Adding to the city's appeal is its investment in infrastructure. Timișoara has been modernizing tram lines and developing cycling paths, making it more attractive to both residents and businesses. These improvements, along with government incentives for tech growth, have created a welcoming environment for startups and established companies, boosting property values even more.
For those considering buying property here, it's worth noting that Timișoara's central district is not just about tech and jobs. The city is also investing in its cultural and social scene, with new cafes, art spaces, and community events popping up, making it a lively place to live.
Sources: Aparthotel, Properstar, Romania Insider
7) Bacău's central zone is gaining interest with its better infrastructure and commercial growth
Bacău's central zone is becoming a sought-after market thanks to its improving infrastructure and commercial expansion.
Romania is pouring resources into infrastructure, especially roads, which is a game-changer for Bacău. By 2030, the high-speed road network is set to double, boosting connectivity to Bacău and making it a magnet for businesses and residents alike.
The commercial real estate scene in Romania is buzzing, with shifts in leasing activity and property prices. This is great news for Bacău, as investors are on the lookout for dynamic areas. The retail sector is also holding strong, with new businesses popping up and retail developments fueling Bacău's commercial growth.
Government efforts to modernize urban infrastructure, like railways and roads, are directly benefiting Bacău. These upgrades, combined with positive demographic trends, are sparking interest in the area. Rising demand for residential properties is another sign that Bacău is on the rise.
Rental yields are climbing, which is a clear indicator of Bacău's appeal as an investment hotspot. Investors are taking note, drawn by the potential for solid returns. The combination of infrastructure improvements and commercial expansion is making Bacău a place to watch.
Sources: Anevar, Coastline Equity, Colliers Market Report
8) Galați’s Mazepa district is gaining interest with rising property values near the Danube and new urban projects
The Mazepa district in Galați is seeing a rise in property values due to its strategic location and ongoing developments.
One of the main attractions is its proximity to the Danube, a major draw for both locals and investors. This scenic river not only offers beautiful views but also provides opportunities for leisure activities, making properties here highly sought after.
Romania is investing heavily in urban development, with EUR 2 billion allocated to various projects. While specific projects in Mazepa aren't detailed, this national trend of modernization likely benefits the district, boosting its property appeal.
There's a clear demand for housing in Mazepa, as seen in the popularity of vacation rentals. For example, the "By Danube Select Private 2 Bedroom Apartment" has received excellent reviews, showing strong interest from both tourists and potential residents.
These high ratings suggest that short-term visitors are considering long-term stays, further driving up property values. The combination of natural beauty and urban development makes Mazepa a prime location for real estate investment.
As more people discover the benefits of living near the Danube and in a developing area, property values are expected to continue rising. This trend is attracting a mix of investors and homebuyers looking for a promising market.
Sources: Airbnb, Romania Insider
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Romania. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
9) Arad’s Micălaca neighborhood is gaining interest for its affordable prices and long-term growth potential
Arad's Micălaca neighborhood is becoming a hotspot for investors thanks to its affordable property prices and potential for growth.
In recent years, the Romanian real estate market has been buzzing, with a 10% increase in transaction volumes reported by RE/MAX Romania in Q3 2024. This uptick signals a growing demand, which often means property values will rise. Investors are noticing that Micălaca offers a chance to get in early before prices climb.
Rental yields in Arad are quite appealing, with some areas offering higher returns than other Romanian cities. This makes Micălaca a smart choice for those looking for steady rental income. Compared to Bucharest, Arad's property prices are a bargain, making it even more attractive. For example, Timisoara's prices are lower than the capital's, hinting at similar affordability in Arad.
Local government investments in infrastructure and amenities are a big draw for investors. While specifics about Micălaca aren't detailed, such improvements usually mean better transportation and public services, which boost the area's appeal. The overall optimism in the Romanian real estate market, as noted by Cushman & Wakefield Echinox, shows that secondary cities like Arad are gaining traction, with new businesses likely to pop up in neighborhoods like Micălaca.
Investors are also eyeing the potential for long-term growth in Micălaca. The neighborhood's development is supported by a positive outlook for Romania's real estate market, suggesting that areas like Micălaca could see a surge in new residents and businesses. This growth is a key factor for those considering property investments.
With its combination of affordability, rental yield potential, and infrastructure improvements, Micălaca is positioned as a promising investment opportunity. The neighborhood's appeal is further enhanced by the increasing interest from both local and international investors, who are eager to capitalize on its growth potential.
Sources: RE/MAX Romania Real Estate Market Increase Q3 2024, Cushman & Wakefield Echinox Report on Romanian Real Estate Market 2025, Gross Rental Yields in Romania
10) Ploiești's central area is gaining attention for its strategic location and industrial growth
Ploiești's central area is quickly becoming a real estate hotspot.
Why? Well, Ploiești is not just any city; it's one of Romania's key industrial and logistics hubs, right up there with Timisoara, Brasov, and Cluj-Napoca. This industrial boom is pulling in investments and giving the local economy a nice boost, making it a prime spot for real estate development.
Then there's the job scene. With new industrial parks popping up, like the Berceni - Popești Leordeni Industrial Park, 1,200 new jobs are expected to be created. More jobs mean more people moving in, which naturally cranks up the demand for housing.
Even though we don't have specific numbers for Ploiești, the buzz around Romania's secondary cities is that property prices are on the rise. This trend suggests that Ploiești might be riding the same wave, making it a tempting choice for real estate investors.
There's a general sense of optimism about Romania's real estate market, especially in these secondary cities. This means Ploiești is catching the eye of those looking for the next big thing in real estate.
So, if you're thinking about buying property, Ploiești's central area might just be the place to watch. With its strategic location and industrial growth, it's becoming a magnet for real estate activity.
Sources: Global Property Guide, World Bank Documents, Avison Young
11) Sibiu's historic center is gaining interest for its unique architecture and rising property values driven by cultural tourism
Sibiu's historic center is a magnet for property buyers due to its unique charm.
Imagine strolling through medieval streets lined with stunning architecture that feels like stepping back in time. This allure isn't just for tourists; it's a major reason why investors are flocking to the area. The combination of cobbled streets and historic buildings creates a picturesque setting that is hard to resist.
Property prices here have been climbing steadily, with the price per square meter in the city center noticeably higher than in other parts of Sibiu. This surge is largely due to the increasing interest from cultural tourism, which has turned visitors into investors. The demand is evident in the rising transaction volumes, as more people see the value in owning a piece of this historic locale.
Tourism is a key player in this property boom. Sibiu is celebrated as a top travel destination, thanks to its vibrant cultural scene and commitment to sustainable tourism. The city's Great Square is a hub of activity, hosting events that draw crowds throughout the year. This constant influx of visitors has not only boosted the local economy but also heightened the demand for properties in the historic center.
For those considering an investment, Sibiu offers a unique opportunity. The blend of cultural richness and architectural beauty makes it a standout choice. As more people discover what Sibiu has to offer, the property values continue to rise, making it a smart investment for the future.
Sources: Numbeo, Romania Insider, Sustain Europe, Properstar
We believe this video highlights Sibiu's historic center, showcasing its cultural heritage and architectural uniqueness that drives property value appreciation.
12) Craiova's Romanescu Park area is attracting buyers with its green spaces and modern amenities
The area around Craiova's Romanescu Park is gaining popularity among homebuyers seeking green spaces and modern amenities.
Thanks to the local government's efforts, including the EBRD Green Cities program, Craiova is seeing significant improvements in infrastructure. This initiative has led to a Green City Action Plan, focusing on greener transport and energy efficiency, making the area more appealing.
In Romania, there's a growing trend where real estate markets favor areas with green spaces. While specific data on property prices near Romanescu Park isn't available, the increased interest suggests a potential rise in property values. These green spaces are not just for relaxation; they are also historical and aesthetic attractions, influencing buyer preferences.
Urban planning in Craiova emphasizes the development of green spaces, which is crucial for the city's growth. This focus is likely to boost the appeal of areas like Romanescu Park, drawing in buyers who appreciate both nature and modern living.
Romanescu Park's vicinity is becoming a hotspot for those who value a blend of nature and urban convenience. The park itself is a major draw, offering a serene escape while being close to city amenities. This combination is increasingly attractive to potential homeowners.
As Craiova continues to develop, the areas around Romanescu Park are expected to see more interest. The city's commitment to enhancing green spaces and infrastructure is a key factor in this trend, making it a promising location for future investments.
Sources: EuroGeoJournal, EBRD Green Cities, Skandorina's Diary
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.