The survey took into account the area around Bucharest, formed of three concentric rings, made from the surfaces of neighboring localities.
“Survey data reveals that the first ring contains plots worth a total EUR2.27 billion, the second ring contains a value of EUR653 million, while the third ring contains plots worth a total EUR486 million. Inner-city plots for sale in Bucharest are worth a total EUR3.34 billion,” Impact Developer & Contractor said in a news release.
The first ring reaches some 15 km outside Bucharest, the second one reaches from the 15 km marker to the 25 km marker, while the third one has a Bucharest-centered radius of 45 km.
The overall surface of plots for sale in the first ring reaches 2,779 hectares, in the second ring it stands at 1,868 hectares, and 1,947 hectares in the third ring.
Plots available for sale in Bucharest reach an overall surface of 445 hectares.
According to the survey, the average selling price for one square meter of land, regardless of the overall surface, reaches EUR82 in the first ring, EUR35 in the second ring and EUR25 in the third ring.
Impact Developer & Contractor shares are listed on the Bucharest Stock Exchange and the largest stake, 18.06%, is owned by general manager and board president Dan Ioan Popp.