Romania sees rise in real estate transactions in February

Bucharest remains the core of the country’s real estate market, recording 8,290 transactions. It is followed by Ilfov County with 3,520 transactions and Cluj County with 2,101. In practice, the Bucharest–Ilfov metropolitan area accounts for the largest share of real estate activity in the country, confirming its dominant role in the development of both the residential and investment markets.

Strong Demand in Northern Bucharest
Within the market, the northern part of Bucharest continues to attract the strongest demand for new residential and investment properties. This trend is supported by the rapid development of new residential projects, proximity to business hubs, and the ongoing improvement of urban infrastructure.

Market data confirm this momentum. In February, North Bucharest Investments brokered 111 real estate transactions with a total value exceeding €20.8 million, primarily involving residential developments in the northern part of the capital.

“ANCPI data confirm what we are observing in the market: Bucharest remains the main hub for real estate transactions in Romania, while the northern part of the city continues to generate a significant share of residential activity. Demand comes from both end-users and investors seeking properties close to business centers and modern infrastructure,” said Vlad Musteață, CEO of North Bucharest Investments.

Increased Demand for Housing Finance
At the national level, the number of mortgage loans reached 24,838 in February. Of these, 3,814 were issued in Bucharest and 2,045 in the Ilfov area, highlighting continued demand for property financing, particularly in major urban centers.

Positive Investment Outlook for 2026
According to market analysts, the concentration of investments in northern Bucharest is being reinforced by improved infrastructure, proximity to business hubs, and the development of new residential projects. These factors are attracting both domestic buyers and international investors seeking properties with capital appreciation potential.

For investors, 2026 appears to present a favorable “window of entry” into Bucharest’s residential market. This trend is underpinned by key structural factors, including limited supply of new housing, strong demand, and expectations of easing financing conditions.

Investment interest is increasingly focused on yields, liquidity, and asset quality, with emphasis on well-connected micro-locations and modern, energy-efficient developments. Particularly in northern Bucharest—where the availability of high-quality supply remains limited—the increased availability of capital, combined with higher buyer expectations, is creating conditions for further price growth.

Returns on high-specification properties remain among the most attractive in the broader Central and Eastern European region, with Bucharest gradually strengthening its position as a competitive investment destination.