Romanian Real Estate News – 06/01/23

Real Estate News Romania


Romanian authorities issued 40,969 residential building permits in the first eleven months of 2022, down 13.3% y-o-y, data from the National Institute of Statistics (INS) showed on Friday (Jan 6).


Vacation rental marketplace HomeToGo has unveiled its Workation Index 2023, ranking the Romanian cities of Cluj-Napoca and Bucharest among the top 20 best destinations in Europe for a remote work adventure. Cluj-Napoca and Bucharest have been placed 17th and 19th, respectively, in the ranking of more than 150 destinations.


German Retailer Kaufland will open at least ten new stores and remodel ten others in 2023 in Romania, thus continuing at the same pace as in the last three years, according to Kaufland Romania and Moldova CEO Marco Hoessl, Ziarul Financiar reported.


Seven new four- and five-star hotels totaling 900 rooms will be opened in 2023 in Romania in the cities of Timisoara, Sibiu, Brasov, Sinaia, and Bucharest, making it the year with the most numerous new units inaugurated, Ziarul Financiar reported. The total value of investments in the hotels exceeds EUR 100 million.