ARTICLES LABELLED WITH TAG Marius Vasilescu

Romania is ranked fourth among European countries with the most affordable housing, according to the Deloitte Property Index 2025. 

The real estate market is strongly connected to the evolution of the economy at the local, regional, and global levels, so the challenges of recent years – increasing construction costs, changing preferences of consumers and availability of financing – have significantly impacted medium and long-term development strategies, write Alexandra Smedoiu and Marius Vasilescu, Partners at Deloitte Romania for Property Forum.

The average price of new homes in Romania amounted to €1,504 per sqm in 2023, which was the third lowest price in Europe, behind Bosnia and Herzegovina and Greece, according to a Deloitte report.