The number of studios delivered last year is the highest in two decades. More than 5,000 such homes were delivered in 2008 and 2009, as well, though not more than 5,500.
“Studios are the homes with the highest investment yield. The difference between a studio and a one-bedroom apartment rent is small so it is better for a buyer to buy a studio apartment because they will be getting almost the same rent as for a one-bedroom. Moreover, there is an organic need of the market, because the studio apartment stock is low and old,” says Daniel Crainic, marketing manager of real estate ad platform imobiliare.ro
In all, 67,488 new homes were delivered in Romania in 2019, 13% more than in 2018.
(English version by Loredana Fratila-Cristescu)