The largest infrastructure project completed in Bucharest in the last twenty years has reduced the duration of a car trip to the north of the city by around 20 minutes.
The average price of a three-room apartment in Militari went up in July from EUR65,000 to EUR70,000, according to the real estate index put together by ZF in collaboration with real estate consultancy firm Coldwell Banker, while Bucharest’s average price has gone slightly down, from EUR80,650 to EUR80.450.
The summer season and the acceleration of the First Home scheme no longer influences apartment prices, now differences appear only in terms of changes to the types of apartments put up for sale in certain areas and in the case of major infrastructure or retail projects.
(English version by Daniela Stoican, Editing by Loredana Fratila-Cristescu)