News Article Bucharest Constanța Daniel Tudor Iași residential Romania The Concept
by Property Forum | Residential

Bucharest remains the leader on gross rental yields, while the overall prices in the residential market rose by 14% in 2024, according to a market study by The Concept.


During 2024, the Romanian capital had rental yields of 6.39% for studio apartments, 6.63% for two-room apartments, and 6.70% for three-room apartments.

In regional cities, yields are mixed. Constanța offers yields between 5.86% and 6.45%, benefiting from seasonal demand and developing infrastructure. Iași remains attractive to investors, with yields of 6.18% for studio apartments and 5.74% for two-room apartments, due to economic growth and demand from the academic area. On the other hand, Cluj-Napoca continues to have the lowest yields, at around 4.26% for studio apartments, in the context of high prices.

"The rental market remains solid, but we see significant differences between cities," explains said Daniel Tudor, CEO of The Concept Group and CIO of Hubix Investment. "Investors looking for high yields need to carefully analyze the evolution of rents and monitor growing cities such as Iași and Constanța," he added.

Meanwhile, the average price per sqm in Romania’s residential sector has reached €1,699, marking a 14% increase compared to 2023, 

Over the long term, between 2014 and 2024, the average price increased by 139.6% in absolute terms.

Adjusting for inflation shows a more moderate increase of 52.1% in the last 10 years and 8.5% in the last year, which indicates a market with sustainable evolution.

"In the last year, demand has remained high, especially in big cities, and the return of lending has fueled price growth," concluded Tudor.