The Top Regional Centers Where Most of the Real Estate in Romania Was Sold

In the first nine months of 2017, in the top of real estate sales leads Bucharest, followed by Cluj County – in second place, Ilfov County – in the third place, Timiș county – on the fourth and Iași county on the fifth place. 

Most real estate sales were registered in Bucharest – 57.116, followed by the following counties: Cluj – with 30.533 real estate sales, Ilfov – 26.582, Timiș – 24.486 and Iasi with 22.997 sales, according to the latest ANCPI (National Agency for Cadastral and Real Estate Advertising) press release.

In the top 10 territories where most real estate sales took place (land, houses, apartments, and commercial buildings), the counties of Constanța, Brașov, Suceava, Prahova, and Arad are also mentioned. 

“In the top of most real estate sales in the country are Bucharest, Cluj, Timis, Iasi and Brasov, development centers that also have the largest office markets in Romania. 

In these university centers, the interest in the working market has increased; for IT&C, BPO and outsourcing companies generated a snowball effect on all segments of the real estate market. The office market has developed where big international companies have rented spaces with valuable surfaces. Then the residential sector – due to the increased purchasing power in the area and finally the market segment of land suitable for future projects “, says Alexandru Petrescu, Managing Partner at ESOP Consulting at CORFAC International.

According to an ESOP report, top centers collected the most transactions in 2017 in the first three quarters in Bucharest, followed by the counties of Timiș, Iași, Brașov, and Cluj.

In total, from January to the end of September 2017 were registered nationwide, 451.072 real estate sales, according to ANCPI.

In September 2017, the number of properties that have been the subject of sale-purchase contracts, at the national level, it was 57.778 units.

If you would like more information about the office spaces for sale in Bucharest, please contact the ESOP team by filling this brief form, or by phone (+4) 0723.26.61.97 or (+4) 021.528.04.40. We’ll promptly answer your inquiry!


Alexandru Petrescu

Founding Managing Partner of ESOP Consulting | CORFAC International with 20 years of experience in real estate consulting and entrepreneurship.

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