Property Price
Romania
Real Estate Calculator
- Simple calculation — average price of residential real estate, commercial real estate and industrial premises in the region
- Detailed calculation — the location of the property, the type of building, repairs and infrastructure are taken into account
You can find out the cost of PURCHASE or RENTAL:
- residential real estate: apartments and houses
- commercial real estate: offices, showrooms, shops
- industrial real estate: workshops, warehouses, hangars
Romania's real estate market has experienced significant growth in recent years, driven by a combination of factors such as a stable political environment, a growing economy, and an increasing demand for both residential and commercial properties.
One of the key drivers of Romania's real estate market is the demand for residential properties, particularly in urban areas such as Bucharest, Cluj-Napoca, and Timisoara. The demand is driven by a growing middle class, increased access to mortgage financing, and a shortage of affordable housing.
In addition to residential properties, there has been significant growth in the commercial real estate sector in Romania. The country's growing business environment has led to an increase in demand for office space, while the strong tourism industry has created demand for hotel and resort development.
Romania's real estate market is also attractive to foreign investors, with relatively low property prices compared to other European countries and a favorable tax regime. Additionally, the government has implemented policies to attract foreign investment, including streamlined procedures for obtaining permits and licenses.
Overall, the outlook for Romania's real estate market remains positive, with continued growth expected in the coming years. However, challenges such as a shortage of skilled labor in the construction industry and a lack of infrastructure in certain regions still need to be addressed.
