Location remains paramount for premium homebuyers in Bucharest

Business Forum
Location, intelligent layouts, and a robust array of amenities are the paramount criteria for buyers seeking premium homes in northern Bucharest, shows a recent qualitative study commissioned by Cloud9, part of Romanian developer Alfa Group, and conducted by Unlock.  

The study, conducted in April-May, shows a shift towards a lifestyle-centric approach to home selection.

Beyond the physical attributes of a home, the developer's reputation and the creation of a strong sense of community are also proving decisive factors in the purchasing process. These community needs extend to generous green spaces, comfortable common areas, and a variety of lifestyle-enhancing amenities such as nearby shops, cafes, sports facilities, and educational institutions.

Răzvan Brasla, CEO of Cloud9, says: "This study confirmed for us what we are seeing more and more in the market: buyers no longer just want a well-located apartment, they want a lifestyle. They are no longer choosing bedroom projects, but developments that offer them real amenities, tailored to their daily pace."

Alfa Group is currently investing €90 million in a new residential project in northern Bucharest that meets the principles of the "15-minute city".

RECOMMENDED
Bucharest region sees 9-year resi sale fall in Q4 2025
Real estate

Bucharest region sees 9-year resi sale fall in Q4 2025

The fourth quarter of 2025 brought the weakest residential sales result in Bucharest-Ilfov in nine years and the weakest nationally in six years, according to SVN Romania. Overall, 2025 ended with a 5.3% annual decrease in home sales nationally and an 8.5% decrease in the Bucharest-Ilfov region.

From uncertainty to opportunity: Whats driving Romanias new wave of residential growth?
Real estate

From uncertainty to opportunity: What's driving Romania's new wave of residential growth?

At the SEE Property Forum 2025 in Bucharest, leading voices from Romania's residential real estate sector came together to shed light on how developers, investors, and buyers are adapting to a period of economic uncertainty, rising construction costs, and shifting consumer priorities. From the growing appeal of build-to-rent and integrated communities to the urgent need for regulatory reform, the panel offered a forward-looking view of a market that is evolving rapidly yet remains defined by strong fundamentals and an enduring demand for quality homes.

Cloud9 launches second phase of resi project in northern Bucharest
Real estate

Cloud9 launches second phase of resi project in northern Bucharest

Cloud9, part of Alfa Group's real estate division, has begun construction on the second phase of its Cloud9 Evolution residential project in northern Bucharest. The company is investing €80 million in this phase, part of a total €170 million budget for the entire development.

Northern Bucharest to continue to drive resi demand
Real estate

Northern Bucharest to continue to drive resi demand

Victor Terheș, Sales Director at Bellemonde, talked to Property Forum about the status of its €40 million residential investment in northern Bucharest and the growing demand for homes in this area in the long term.

RECOMMENDED FROM THE HOME PAGE
Energy

EC probes Romanian nuclear plant aid package

The European Commission has opened an in-depth investigation into Romania's planned state support for refurbishing the Cernavoda 1 nuclear reactor, questioning whether the €3.2 billion aid package complies with EU state aid rules.

READ MORE
Business Forum  |  17 April, 2026 at 6:01 PM
Business Forum  |  17 April, 2026 at 4:45 PM