Cushman & Wakefield Echinox: Bucharest’s premium home prices double amid extremely limited supply
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as…
Irina Marica · Journalist
· Updated · 3 min read
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand.
Over the past 2 or 3 years, prices for premium properties delivered after 2018 have mostly doubled, now averaging between EUR 6,000 and EUR 8,000 per sqm in top locations - and in some cases far exceeding these levels.
