This substantial advance in sales underlines the high interest in new housing and the need for increased living comfort, which are spurred by high returns on real estate investments and the increasing returns on housing bought to rent.

"April 2024 was a successful month for the real estate market in Bucharest. The significant increase in sales reflects buyers' increased confidence in the market's growth potential and the good returns that real estate investments bring. In this context, North Bucharest Investments recorded a 115% 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 location, and access to essential amenities continue to attract many investors and buyers," explains Vlad Musteata, CEO of North Bucharest Investments.

The Bucharest real estate market remains a top destination for those looking for a secure and profitable investment and continues to be one of the most affordable markets in Europe.

ANCPI data also shows that in April 2024, 61,718 properties were sold nationwide, 7,360 more than in March this year.

With strong month-to-month sales growth, North Bucharest Investments is consolidating its leading role in the sector in 2024 and offering an extensive portfolio of clearly superior-quality housing.

North Bucharest Investments (NBI) is a group of companies in the residential real estate segment that operates in two lines of business: investment activity and brokerage services. NBI Group was founded in 2011 in the Republic of Moldova by businessman Vlad Musteață, and in the summer of 2022, it entered the Romanian market.

North Bucharest Investments Group recorded over 400 real estate transactions in 2023 in new residential complexes in the northern area of the Capital. The company's turnover doubled from RON 20 million to RON 42 million in the last year.