Housing sales in Bucharest increased by 63% in April 2024

by   CIJ News iDesk V
2024-05-14   16:49
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According to the data provided by the National Real Estate Registry and Publicity Agency (ANCPI), in April 2024, 4,694 homes were sold in Bucharest, which represents an impressive increase of 63 percent compared to April 2023, when only 2,879 were registered of units sold.

This substantial advance in sales underlines the high interest in new homes and the need for increased living comfort, boosted by high returns on real estate investments, but also by the improving returns on buy-to-let homes.

"April 2024 was a successful month for the real estate market in Bucharest. The significant increase in sales reflects the increased confidence of buyers in the market's growth potential and the good returns that are brought by real estate investments.
In this context, North Bucharest Investments recorded a 115 percent increase in sales, with 112 transactions completed in April 2024, compared to 52 units sold in April 2023.Key factors, such as modern infrastructure, central positioning and access to essential facilities, continue to attract an increasing number of investors and buyers," explains Vlad Musteață, CEO of North Bucharest Investments.

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