SVN: 4,000 Apartments under Development in Bucharest’s Aviatiei ‘corporate hub’

18 August 2026

Approximately 4,000 apartments are currently under construction in the Aviatiei area, dubbed the ‘corporate hub’ due to its proximity to Bucharest’s main business district, Aviatiei – Barbu Vacarescu, according to an analysis carried out by real estate consultant SVN Romania.

 

On average, the starting price of a new one-bedroom apartment under construction in the Aviatiei area begins at EUR 158,000 + VAT, while the average starting price of a new two-bedroom apartment in the area starts at around EUR 214,000 + VAT, increasing according to the size of the units. As such, the average price of new apartments in the Aviatiei area is approximately EUR 3,230 per usable square metre, plus VAT.

 

“The northern area of Bucharest — and, implicitly, Aviatiei — has always been a desirable location for prospective buyers, and those who have purchased a home here, whether in the 1980s, the 1990s or after 2020, have consistently had above-average incomes, without necessarily being luxury buyers. The current average price of a new home under development in the Aviatiei area is around 40% higher than the city average, a level explained by the neighborhood’s good image and by its location in the heart of Bucharest’s most important business area,” explains Raluca Dobrisan, managing partner SVN Romania | Residentialist | Floreasca.

 

The nearly 4,000 apartments currently under development in the Aviatiei area are expected to be completed between 2026 and 2028, while SVN data shows that more than 7,200 additional new homes could be developed in the area over the medium and long term, taking into account the land plots held by investors active in the residential segment.

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