North Bucharest Investments recorded a 115 percent increase in sales in April

The real estate market in Bucharest continues to demonstrate in 2024 a remarkable performance, reflecting its attractiveness in a challenging economic environment. According to official data, in April 2024, 4,694 homes were sold in Bucharest, which represents a 63 percent increase compared to April 2023.

This advance in sales underlines the high interest in new homes and the need for increased living comfort, also stimulated by high returns on real estate investments, but also by the improving returns on buy-to-let homes.

“April 2024 was a successful month for the real estate market in Bucharest. The significant increase in sales reflects the increased confidence of buyers in the market’s growth potential and the good returns that are brought by real estate investments. In this context, North Bucharest Investments recorded a 115 percent increase in sales, with 112 transactions completed in April 2024, compared to 52 units sold in April 2023.

Key factors, such as modern infrastructure, central positioning and access to essential facilities, continue to attract an increasing number of investors and buyers,” said Vlad Musteață, CEO of North Bucharest Investments.

Through the strong increase in sales from one month to the next, North Bucharest Investments in 2024 consolidates its leading role in this sector and offers an extensive portfolio of high-quality housing.

North Bucharest Investments (NBI) is a group of companies in the residential real estate segment, operating on two lines of business – investment activity and brokerage services.

NBI Group was founded in 2011, in the Republic of Moldova, by businessman Vlad Musteață, and from the summer of 2022 it also entered the Romanian market.