The estimated average value of a mortgage loan in Romania nears EUR65,700.
Besides Bucharest-Ilfov, the regions of Banat and Centre – Crisana – Maramures are each anticipated to attract over 10% of total mortgage loans. In Banat, specifically, a share of approximately 12.7% is estimated due to the high volume of lending in the regions’ city of Timisoara.
“2025 is shaping up to be the best year for the Romanian mortgage market, setting a new record for new mortgage loans granted for home purchases – declining fixed interest rates and rising incomes are the main drivers,” said Alexandru Radulescu, Managing Partner at SVN Romania | Credit & Financial Solutions.
Radulescu also highlighted a narrowing gap between Bucharest and other regions, identifying the cities of Timisoara, Cluj-Oradea, Sibiu-Brasov, and Iasi-Suceava-Bacau as the market’s “regional locomotives.”
The first quarter of 2025 saw mortgages valued at EUR2.75 billion nationwide, a 46% increase compared to the same period of 2024, according to the National Bank of Romania.
Transactions made through loans are expected to account for approximately 45% of the total residential market in 2025, with the remaining 55% covered solely by personal funds.