The VAT for new home purchases will climb to 21% starting next month, as part of Romania’s effort to balance its public finances.

Penta Real Estate Slovakia has started the sale and construction works of the new Bory Nádvorie residential phase in the Bratislava Bory district. 

Local developer City Garden Residence has announced the completion of the second phase of its Bonton Luxury Villas residential complex in Pipera.

Prima Development Group has started the construction on Prima Solis, a premium residential project in eastern Bucharest, following an investment of €140 million.

The Romanian residential market experienced a notable downturn in H1 2025, with national home sales decreasing by 3.4% compared to the same period last year. Approximately 74,500 residential units were sold across the country. The Bucharest and Ilfov region, a key market, saw an even steeper decline of 7.9%, with around 25,700 units sold.

Local developer Redport, in collaboration with entrepreneur Dan Șucu, obtained the Detailed Urban Development Plan (PUD) approval for the first two phases of its mixed-use scheme Infinity Nord in northern Bucharest.

Geosan Development has begun implementing the boutique project Benkova Rezidence in Prague's Chodov, two villa buildings offering 40 apartments.

The Nové nádvorie Dúbravka project, located adjacent to the tram axis, is being developed by JTRE and is currently awaiting an EIA assessment. 

Romania is among the few member states where residential prices have grown at rates below the EU average of around 58%, between Q1 2010 and Q1 2025, according to Eurostat.

Fond Českého Bydlení SICAV, the Czech housing fund, specialising in investments in residential rental housing, has completed three new acquisitions of apartment buildings in Brno in Ostrava.