Over 50,000 new apartments expected in Bucharest-Ilfov region

Business Forum

30 May, 2025 at 4:05 PM

The Romanian real estate market, particularly in the Bucharest-Ilfov region, is gearing up for a significant influx of new housing units. Developers anticipate delivering approximately 32,000 new apartments in Bucharest and another 20,500 in Ilfov County by the end of 2028, according to Imobiliare.ro.

Across Bucharest, the Theodor Pallady area, located in the south-east of the city, leads by a significant margin with over 5,700 units planned. Pipera, in the north, follows with 4,438 new apartments, and Drumul Taberei ranks third with 2,341 units.

The current supply of new housing remains lower compared to the first part of last year. In Q1 2025, the districts with the highest availability of new apartments were Theodor Pallady (approximately 2,520 units, with an average price of €1,891/sqm usable area), Băneasa (1,858 units, average price of €2,682/sqm usable area), and Militari (nearly 1,000 units, average price of €1,887/sqm).

In Ilfov County, the localities with the greatest potential for development include Ștefăneștii de Jos, Voluntari, Popești-Leordeni, Roșu, Mogoșoaia, Tunari, Buftea, and Dobroești.

Voluntari currently leads the supply in Ilfov, with approximately 1,500 apartments listed for sale in the first part of 2025.

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