“Unlike the European average, in Romania, the new property owners are mainly young, as the government-backed mortgage lending First Home program has a significant contribution in this respect. Nevertheless, not everybody is fully satisfied with their choice, as most of them opt for homes in newly developed residential compounds not very close to the city center, whose prices are in accordance with their budgets,” said Razvan Cuc, RE/MAX Romania president.
Romanians find their home within two months, viewing seven properties during their search for a home, similar with the European average.
On European level, 80% of Europeans are satisfied with their recent property choice. People in Austria and Switzerland are most satisfied with the property they chose, followed by Sweden, the Netherlands and Great Britain.
At the opposite pole, there are Greece, the Czech Republic, Italy, Poland, France and Spain, whose citizens said they are only 30%-32% satisfied with their properties.