Real estate | 21 February, 2025 at 10:55 AM
North Bucharest Investments accelerate growth in 2024
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023.
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023.
In Pipera, an area of significant interest for villa buyers, the price of land has risen from €400/sqm in 2022 to €1,000/sqm in 2024.
The value of realized transactions reached approximately €63 million, an increase of 35% on the total amount for the same period in 2023.
In the northern part of Bucharest, 70% of customers are looking for 3 and 4-bedroom apartments or houses with one floor in the Pipera and Tunari areas.
According to the data provided by the National Agency for Cadastre and Real Estate Advertising (ANCPI), 3,376 real estate units were sold in May 2024.
Fepra has inaugurated new PET and glass recycling units in Brad, marking a significant step for the municipality and Romania's recycling infrastructure.
The three-month ROBOR index, used to calculate the cost of consumer loans in lei with variable interest rates, fell to 6.21% per annum on Wednesday, down from 6.22% in the previous session, according to data published by the National Bank of Romania (BNR).
The European Bank for Reconstruction and Development (EBRD) is supporting Romania's energy security by arranging a €192 million financing package for three new solar power plants of Nofar Energy, with a total installed capacity of 531 MW in south-eastern Romania.
Industrial production prices (domestic and external markets) increased by 8% in October 2025 compared to the same period in 2024, according to data published by Romania's National Institute of Statistics (INS).
In October 2025, the euro area seasonally adjusted unemployment rate was 6.4%, stable compared with September 2025 and up from 6.3% in October 2024.