The maximum negotiation margin (13%) was registered in northeastern Bucharest and applied especially to two-room apartments built between 1980 and 1990. For instance, the average asking price for a 55-sqm two-room flat in the area was EUR80,000, while final deals were concluded for EUR70,000.
On the other hand, tree-room apartments in the same area enjoy the lowest negotiation margin, of 5%. The asking price for a 70-sqm tree-room flat in the area is EUR93,000, while the final price is EUR88,000.
The negotiation margin for a three-room apartment in the Decebal Boulevard area (central Bucharest) is 12%. The selling price of an 85-sqm three-room apartment is EUR125,000, while transactions are concluded for EUR100,000. The negotiation margin for a two-room apartment in the same area is 8%.
In Dorobanti neighborhood (also central Bucharest), sellers added a margin for negotiation of about 10% for four- and five-room apartments in residential towers or villas built before 1977. A 110-sqm flat in the area is sold for EUR160,000, from EUR177,000 (the asking price).
In another central area in the capital (the Tineretului neighborhood) the negotiation margin reached 9%. The asking price for a 66-sqm tree-room apartment in the area was EUR88,000, and the final price fell to EUR80,000.
In the Cotroceni neighborhood (W), as well as in Piata Unirii (C) negotiation margins were at 8% in the last quarter of 2012.
The lowest negotiation margins (5%) were registered in southeastern Bucharest, in neighborhoods Titan and Dristor, where asking prices ranged between EUR53,000 and EUR60,000, and final deals were concluded for EUR50,000 and EUR57,000, restectively.