NUMBEO

Property Prices in Bucharest, Romania

Index Info
Price to Income Ratio: 10.46
Mortgage as Percentange of Income: 78.73%
Loan Affordability Index: 1.27
Price to Rent Ratio - City Centre: 19.34
Price to Rent Ratio - Outside of Centre: 18.65
Gross Rental Yield (City Centre): 5.17%
Gross Rental Yield (Outside of Centre): 5.36%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,622.31 lei 1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,131.76 lei 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,814.51 lei 2,000.00-4,050.00
Apartment (3 bedrooms) Outside of Centre 1,866.14 lei 1,500.00-2,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 625.50 lei 510.96-836.12
Price per Square Feet to Buy Apartment Outside of Centre 411.59 lei 334.45-483.09
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,668.18 lei
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 4.40 3.00-7.00

These data are based on 684 entries in the past 12 months from 146 different contributors.
Last update: December 2017

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2 Comments so far

#Madison Cassidy on May 18, 2015 :
I've been in Romania since March 30th, 2015.
Initially went to Petesti for four (4) weeks and now in Buchuresti.

1stly Romanian people are very polite and extremely nice. In the almost two (2) months residing here 94% of the people have been helpful and polite.

What doesn't work for me in Romania?
i.) short-term housing is too expensive! yes, it is. 600€ for a 25 sq foot apartment is THEFT! I was too tired to look around so I just went ahead and paid. It's wrong! It is the reality on the ground in Romania.
ii.) being a foreigner in Romania can be challenging because the people are ultra conservative and they are not that interested in foreigners; no they are NOT!
iii.) they dogs and gypsies can be a bit of a problem.
iv.) Gym membership for 80€ /month. Come on in a country that pays wages of 350€ maximum/month; are these people serious??? Yeah!
v.) It ain't dat cheap here in Romania; it is expensive; again housing, the gym, and some clothes items; ridiculous! Clearly the retailers and renters are catering to the wealthy tourist and less than 1% of Romanian citizens.
vi.) TAXES! Clearly the government is CRIMINAL! Why is the government of Romania charging 50% in Taxes? How STUPID is that? EXTREMELY! How can an 'Emerging Market' country charge 50% in Taxes and harass its citizens to pay up or go to prison. HORRIBLE! The maximum taxes in this country MUST not exceed 10% ... across the board! Clearly profound ignorance is at work in Romania as it pertains to the taxes.
vii.) T00 much 'red-tape' and bullshit in a country that doesn't compensate its people more than 4.---/annum. INSANITY!
vii.) The country's people are tooo CONSERVATIVE! For what?
#Jean Mazaré on Apr 28, 2014 :
Hi Susan,

Very noble of you to want to do all those things you've described for Romania. Unfortunately the system as well as people's mentality will work against you. Romania is still a very communist country and not much is moving other then the businesses which are profitable for the ex-commies and for the secret police (formerly Securitate, now SRI). Thousands and thousands of foreign investors came to Romania and most of them left disappointed and loosing the very last penny they brought with them!

You should first go there as a visitor, meet people and find out what it means to deal with Romanian bureaucracy – then decide if you still want to move to this country!