ARTICLES LABELLED WITH TAG residential

The total volume of housing loans granted to households reached almost RON 30 billion (around €6 billion), a 32% increase from the first half of 2024, according to the National Bank of Romania (BNR). 

Geosan Development is moving its largest residential project to date, Re.Start Petynka, to another milestone. The residence is developed on a long-unused plot of land near the Petynka swimming pool in Prague 6. Now it has received a valid building permit.

The residential market in Bucharest and Ilfov saw a 10% drop in the number of transactions during H1 2025 compared to the same period in 2024, while sales prices have continued to climb, driven by high inflation, anticipated tax changes, and limited supply, finds a new analysis by iO Partners.

Victor Terheș, Sales Director at Bellemonde, talked to Property Forum about the strong demand for the company's first residential development in Pipera and the plans to start new investments in the same area due to high interest from premium homebuyers. 

In the first half of this year, 777 new residential units have been sold in Brno, 26 per cent more than in the same period in 2024, with the average price of new apartments setting a new record, according to the current analysis of Trikaya, which has been monitoring the development of the Brno residential market for a long time.

The increase in VAT to 21% for new homes is having a direct impact on pricing and sales strategies in the residential market, with effects already becoming visible, according to Valentin Neagu, Managing Director at Crosspoint Real Estate.

NEPI Rockcastle has fully sold all 254 apartments at Vulcan Residence, its first residential project in Bucharest, which was developed with a total investment of approximately €25 million.

The total value of the world’s residential real estate has reached €260 trillion by the end of 2024, according to Savills' analysis. Whilst this figure has shown an annual fall of 2.7%, the total value has risen since 2019 by 19%, reflecting the post-pandemic surge in housing markets worldwide.

The Romanian residential market is experiencing a significant evolution, with notable shifts in buyer and renter priorities over the past two years, find a recent survey conducted by iO Partners in collaboration with Storia.  

Romanian developer Hils Development has obtained a loan of RON 99 million (close to €20 million) from Libra Internet Bank for the construction of Hils Sunrise complex in Bucharest.