Bucharest leads Romania in old versus new apartment price gap, analysis shows
Among all cities in Romania, the capital has had the largest price difference between old and new apartments, with old homes being EUR 520/sqm more expensive than new ones, according to an analysis released on Thursday, May 28, by real…
Radu Dumitrescu · Journalist
· Updated · 4 min read
Among all cities in Romania, the capital has had the largest price difference between old and new apartments, with old homes being EUR 520/sqm more expensive than new ones, according to an analysis released on Thursday, May 28, by real estate platform Storia.
Bucharest’s old homes were priced at EUR 2,535/sqm, while new homes stood at EUR 2,015. Compared to Bucharest, in Oradea and Timișoara the trend was reversed, with new apartments exceeding the prices of old ones by differences of over EUR 183/sqm, according to the average asking prices for 1-3 room apartments in listings.
