Report: Romania’s land market remains stable in 2024, with strong investor confidence despite uncertainty

Despite a climate of economic and political uncertainty, Romania's land market remained stable in 2024, with transaction volumes reaching nearly EUR 450 million, a figure close to 2023's total. Colliers' annual report reveals that Bucharest and its metropolitan area continued to dominate, accounting for 80% of total transactions, while residential projects made up 70% of these deals.

Land plots with approved urban planning documentation preserved their value, Colliers consultants highlighted, whereas properties requiring such approvals saw declines, in some cases by as much as 30-40%.