The biggest price drops were registered in the central Romanian Brasov, which has the third largest number of vacation homes up for sale.
The survey was conducted based on 492 sales ads for vacation homes.
On 51.6% of the sale ads, prices exceeded EUR150,000, while in the case of 16.7% of the ads asking prices were below EUR60,000. Vacation homes with prices ranging between EUR60,000 and EUR100,000 account for 17.5% of the ads, and 14.2% have prices ranging from EUR100,000 too EUR150,000.
The most ads are for vacation homes in southeastern Constanta (31%), Ilfov, near capital Bucharest (23%), central Brasov (13%), central Prahova (9%) and the central county of Hunedoara.
In the seaside county of Constanta, the supply of vacation homes is completed by newly built apartments which are preferred over houses in this area, because they are cheaper to buy and maintain, the survey found.
In Ilfov county, surrounding the Romanian capital Bucharest, most vacation homes available for sale are in Snagov and Corbeanca and are rated in the premium segment, as are vacation homes in the counties Prahova and Brasov.
On the other hand, a house in the countryside, 35 kilometers away from the southeastern town of Tulcea, is up for sale for less than EUR15,000. Homes in rural areas in counties Hunedoara, Dambovita, Prahova and Valcea have similar asking prices.
By comparison, the price of a newly built studio flat at the seaside or in the Prahova Valley mountain resort, starts from EUR30,000 – EUR35,000, the survey shows.