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How much are Romanian houses?

Posted by on May 17, 2022

You’re undoubtedly curious about the cost of housing in Romania if you’re considering relocating to the nation or even just purchasing a second residence there because of its stunning natural beauty. The good news is that when compared to the housing costs in other European nations, Romanian homes are quite inexpensive.

House Prices in Romania

In Romania, a single-family detached home may be purchased for approximately €60,000, while an apartment can be purchased for approximately €50,000. Obviously, the price will change depending on the dimensions of the house as well as its geographical location.

Prices of apartments in Bucharest

Prices for property in Bucharest
Illuminated Palace of the Parliament of Bucharest at night. Dramatic evening view of Palace of the Parliament Bucharest city, Romania, Europe

If you are interested in purchasing an apartment in Bucharest, you should anticipate spending close to eighty thousand euros. If, on the other hand, you are interested in purchasing a home in a village setting, you may be able to do so for as low as €40,000.

Apartment size in Romania

Apartments in Romania are typically more compact than those found in other European nations, particularly with regard to square footage. The typical apartment in Paris is 85 square meters in size, which is significantly larger than the average apartment size in Bucharest, which is only 60 square meters.

It is essential to conduct thorough research and engage the services of a real estate agent of impeccable standing if you are considering purchasing real estate in Romania. Because there are a lot of cons operating in the real estate market in Romania, it is essential to exercise extreme caution while making a purchase.

You can find something that is suitable for your requirements and price range, whether you are looking for an apartment in the city or a house in the village.

Investing in Romanian property

Romanian houses are becoming increasingly popular among investors looking to purchase property abroad. The country offers a wide range of options when it comes to real estate, from traditional rural homes to luxurious city apartments.

Location Location Location

Prices for Romanian houses can vary greatly depending on the location and type of property, but there are some general trends that can be observed. In general, rural properties in Romania are significantly cheaper than those in urban areas.

This is due in part to the fact that the majority of the population still lives in rural areas, and there is therefore less demand for these types of homes. Prices can range from as little as €10,000 for a small village house to €50,000 for a larger property with several acres of land.

Prices of property in Romanian Cities

City properties are naturally more expensive than those in the countryside, but there is a wide range of prices depending on the city and type of property. Apartment prices in Bucharest, for example, start at around €50,000 but can go up to €1 million or more for luxury apartments in prime locations.

Prices of property in Romanian Coastal Towns

Prices of property in Constanta
Coastal Casino in Constanta

Homes in Romania’s coastal resort towns are also becoming increasingly popular, especially among foreign buyers. Properties in these locations can be quite expensive, with prices starting at around €100,000 for a small apartment.

Overall, prices for Romanian houses have been increasing in recent years, but there is still a wide range of options available at a variety of price points. Whether you’re looking for a bargain rural property or a luxury city apartment, you’re sure to find something to suit your needs and budget in Romania.

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