Expat Housing Guide: Moving to Bucharest

Bucharest's housing market is characterized by a mix of communist-era apartment blocks, interwar villas, and modern developments. The market has been consistently growing since 2014, with prices increasing 5-10% annually in recent years. Most available housing consists of apartments in multi-story buildings, with detached houses primarily in peripheral areas. The market is increasingly international, with growing interest from foreign investors and expatriates, though still predominantly local. New construction is booming in northern districts like Pipera and Băneasa, while the historic center offers renovated pre-war buildings. Housing demand currently exceeds supply in desirable areas, creating a moderately competitive market, especially for quality properties in central locations.