Old apartments in the capital are 23% cheaper than new flats.
In January-September 2011, the prices of new apartments dropped 4%.
According to data collected by imobiliare.ro, the cheapest new apartments are in the western part of the capital, where a 56-sqm flat is sold for EUR51,000, and in southern Bucharest (EUR52.000).
Two-room apartments in the north-east of the city go for EUR62,500-EUR69,000. The most expensive two-room flats are in the northern part of Bucharest, where a 62-sqm apartment goes for EUR125,000.
Three-room flats are sold for EUR49,000 in the southwestern parts of the city and for EUR150,000 in northern and central Bucharest. The most expensive three-room apartments are are in the neighborhoods Tei and Dorobanti-Floreasca, where they go for EUR174,000-EUR190,000.