Geographic Information
Description of Romania
Romania’s natural beauty and colourful history have seen the nation enjoy a significant boom in tourism numbers over recent years, particularly in Transylvania and the resorts of the Black Sea. However, despite its growing economy and reputation as an up and coming player for Eastern Europe, the property market in Romania is anything but flourishing.
House prices have been in a slow but steady state of decline since 2009 and new-build construction remains very limited. That being said, there’s much to be said for the 7 per cent rent yields possible in the capital Bucharest, long with much higher returns for short-term lets along the Black Sea coast. Poverty and government corruption aren’t nearly as problematic as they once were, but are yet to be fully eradicated.
Current Property Prices in Romania
Key Facts:
Currency: RONTime Zone: EET (UTC+2)
DialCode: +40
Languages: Romanian language
Capital: Bucharest
Population: 20,121,641
GDP: $215.302 billion
Latest News & Features for Romania
Latest News
First Property Group buys up Lidl branches in Romania
Investors turn to Romanian farmland
Romania leads farmland price growth
Romania opens doors to Chinese immigrants shunned by Canada
Watch – Romanians protest against mining project
Are Romanian property prices stabilising?
CE property market in €958m boost
Investments Explained: Residential property
Farmland values shoot up across the globe
Romania property prices climb to 2006 levels
Declining Spanish construction only topped by Italy and Slovakia
Romania real estate investment surges by 189pc
Forget Spain: Go to Romania, say experts
A stake in Transylvania’s real history
Investors’ interest in Romanian real estate rises
Property investment activity dips in Romania
Eastern Europe property investment activity doubled in 2011, report shows
Romanian real estate market ‘changing’
Could Bucharest Old Town become a property investment hotspot?
‘Potential’ for Romanian real estate
Investors turn to Romanian farmland
Romania leads farmland price growth
Romania opens doors to Chinese immigrants shunned by Canada
Watch – Romanians protest against mining project
Are Romanian property prices stabilising?
CE property market in €958m boost
Investments Explained: Residential property
Farmland values shoot up across the globe
Romania property prices climb to 2006 levels
Declining Spanish construction only topped by Italy and Slovakia
Romania real estate investment surges by 189pc
Forget Spain: Go to Romania, say experts
A stake in Transylvania’s real history
Investors’ interest in Romanian real estate rises
Property investment activity dips in Romania
Eastern Europe property investment activity doubled in 2011, report shows
Romanian real estate market ‘changing’
Could Bucharest Old Town become a property investment hotspot?
‘Potential’ for Romanian real estate