The number of building permits issued for residential buildings increased in the first three months of 2025 by 2.8%, to 7,630 permits, with increases recorded in the West (+155 permits), Center (+104), Southwest Oltenia (+35), Northwest (+32), Bucharest-Ilfov (+11) and Southwest Muntenia (+4), according to INS data. In contrast, decreases were recorded in the Northeast (-125 permits) and Southeast (-8) regions.

In March 2025, 3,095 building permits for residential buildings were issued, up 18.3% compared to February 2025 and 1.9% compared to March 2024. Of the total building permits for residential buildings issued in March, 69.4% are for rural areas. Thus, compared to March 2024, this year both the number of permits and the total usable area increased (+1.5%).

The residential market in Bucharest remained on an upward trend in the first quarter of 2025, with the most dynamic area being the north of the capital – Floreasca, Aviaţiei, Pipera, Domenii, shows a study conducted by North Bucharest Investments.

NBI figures show that individual investors have the largest share among buyers, with 47%, in second place are people who purchase an apartment as a home, with 38%, and 15% represent relocations and corporate acquisitions. In general, homes under EUR 250,000, placed in locations with metro, international schools and with Aibnb potential for use, with a gross yield of 6-7%.

Across the entire Romanian real estate market, 161,842 transactions were completed in Q1 2025, up 4.5% compared to the same period in 2024.

“The results from the first part of the year demonstrate that the local residential market continues its maturation process, now reaching a much more settled and stable stage. At the same time, in a global market in constant change and transformation, developers maintain the accelerated pace of adaptation to new customer requirements. The share of real estate investors is directly proportional to the current stage of the market,” said Vlad Musteaţă, CEO of NBI.

Victor Terhes will be part of the speakers formula this year at CEDER Real Estate Conference & Exhibition, to take part on 13th of May, at Radisson Blu Hotel, in Bucharest.

Victor Terhes is a results-driven real estate professional with over 15 years of experience in real estate – sales, development, investment, and portfolio management.

Since October 2022, he has served as Sales Director at Bellemonde, where he has played a pivotal role in driving market success for the premium residential project in northern Bucharest.

Victor previously held senior roles in actual group, contributing to key projects such as Belvedere Residences, Above Estate, Zenville, and Iqon, and at Prime Kapital, between 2020-2022, where he was involved in Avalon Estate and Marmura Residence.

Known for his strategic approach and hands-on experience, Victor combines expertise in both boutique and large-scale developments, establishing himself as a trusted leader in the premium real estate market.

CEDER Conference & Exhibition will take place on 13th of May, at Radisson Blu Hotel, in Bucharest. With key property professionals gathered in a single venue, CEDER is a very powerful networking and marketing opportunity. For tickets reservations, please check our website: https://lnkd.in/dTRWhMB7

This year Romania will be honorary country to host the 10th edition of the prestigious Best of the Best Hall of Fame Awards (HOF Awards) which is the climax of the CIJ Awards series, putting the winning projects and companies from around Central & Eastern Europe against each other to determine who the Best of the Best really are. The HOF Awards will take place in the afternoon during CEDER Conference and Exhibition.

CEDER 2025 confirmed Partners are: WDP – Warehouses with brains, CPI Property Group | Romania, AFI Europe Romania, IULIUS, Revetas Capital, SPEEDWELL Development, Hagag Development Europe, Alesonor Real Estate Development, Bellemonde, Stratulat Albulescu Attorneys At Law, Paval Holding, NEPI Rockcastle, Filip & Company, EVO Properties, Anchor Grup SA, NNDKP, KUZIINI, Nhood Services Romania, Wiren, Vastint Romania, RRG – Real Estate Group, Popovici Nitu Stoica & Asociatii Crosspoint Real Estate, Lion’s Head, Coral Companies, COS, Carbon Tool, THETA Furniture & More, THE CONCEPT, RENOMIA Romania Gallagher, Optim Project Management, WeMat, Țiriac Imobiliare, Safety Approach, Alukönigstahl Romania, Imobiliare.ro , Cushman & Wakefield Echinox , Brisk Group, DRS Architects, PRIMA Development Group, Notarial Office EQUITY, Miss Green.

Meta Estate Trust announces investments of almost EUR 4 million in four residential projects in Bucharest. The company has signed sale-purchase promises for 37 apartments strategically positioned in Bucharest, part of residential projects in various stages of construction, developed by HILS Development and Exigent Development.

Three of these portfolios are part of the projects developed by HILS Development in the eastern area of the Capital: HILS Republica, HILS Titanium and HILS Sunrise. They total 27 apartments, and the cumulative investment is EUR 2.7 million, with completion dates between 2025 and the first part of 2027.

The fourth housing portfolio includes 10 apartments within Plaza Residence Phase VI, a project developed by Exigent Development in Sector 6 of the capital, with a completion date for the first months of 2027. The total value of Meta Estate Trust’s investment in this project amounts to EUR 1 million.

In 2024, only 829 Romanians used the Noua Casa program to buy a home, compared to almost 2,000 in 2023 and over 10,000 in previous years. The low interest comes in the context of variable interest rates having increased significantly, and the guarantee ceiling having been reduced to 500 million lei – a quarter of the maximum level reached five years ago. Although the 2025 program proposes “preferential” conditions, such as a down payment of only 5%, few Romanians dare to take out a loan through Noua Casa.

The New House program has lost its attractiveness with the consistent increase in interest rates from 2023. The interest rate through the New House program is variable, and at the moment, clients need predictability and security, which is why fixed mortgage interest rates come with stability for a few years”, explains Robert Merluşcă, credit broker at CMG.