The best investment opportunity in Romania
Bucharest is the fastest growing capital city in the EU, and has registered a faster annual growth rate between 2000 and 2015 than Singapore in its period of fast economic expansion (1965-1980). In 2015, Bucharest had a GDP that was higher than that of seven EU countries (including Croatia, Slovenia, and Lithuania), and it had a GDP per Capita (at purchasing power standard) that was higher than that of Rome, Madrid, Berlin, Lisbon, and Athens. It is one of the most dynamic cities in the World right now.
Around 4 million people live within a one-hour driving distance of Bucharest, and around 50% of Romanian firm revenues are generated in this area. Moreover, around 20,000 students graduate from one of the many universities in the City of Bucharest. This is basically the economic heart of the country.
However, the area has not developed equally. Within Bucharest, of the six
sectors that make up the city, Sector 5 is responsible for only 5% of firm
revenues, whereas Sector 1 is responsible for 50%. At the same time, Sector
5, has a number of competitive advantages that make it one of the most
attractive investment areas in Bucharest, Romania, and the EU as a whole.
In 2017, the average monthly net salary in Bucharest was 3,116 Romanian Lei
(around 680 Euro, or around $770). When compared to average 2017 monthly
net salaries in other EU countries, Bucharest still is quite competitive from
this point of view.
Sector 5 offers some of the best investment opportunities in Bucharest right now. It has some of the largest un-developed land reserves, relatively close to the city center, and it has a strategic and contiguous piece of land, with a surface of around 110 hectares, and largely in public hands – the Antiaeriana Area. This will be one of the prime investment sites in Bucharest in the years to come.
The best investment opportunity in Romania
Bucharest is the fastest growing capital city in the EU, and has registered a faster annual growth rate between 2000 and 2015 than Singapore in its period of fast economic expansion (1965-1980). In 2015, Bucharest had a GDP that was higher than that of seven EU countries (including Croatia, Slovenia, and Lithuania), and it had a GDP per Capita (at purchasing power standard) that was higher than that of Rome, Madrid, Berlin, Lisbon, and Athens. It is one of the most dynamic cities in the World right now.
Around 4 million people live within a one-hour driving distance of Bucharest, and around 50% of Romanian firm revenues are generated in this area. Moreover, around 20,000 students graduate from one of the many universities in the City of Bucharest. This is basically the economic heart of the country.
The average price (buy/rent) in Euro for a 2-room apartment in the most important cities in Romania, in March 2018
Source: real-estate analysis
Bucharest vs. other European capital cities
While Bucharest has developed at a very fast pace, the city remains surprisingly affordable, compared to other European capitals, and offers all the amenities of a capital city.
Bucharest vs. other European capital cities
While Bucharest has developed at a very fast pace, the city remains surprisingly affordable, compared to other European capitals, and offers all the amenities of a capital city.
| Maintaining the same standard of life from | Country | with a salary of… | in Bucharest, you need a monthly salary of… | |||||||||||||||||||||||
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| Vienna | 3,400 Euro | 1,750 Euro | ||||||||||||||||||||||||
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| London | 4,500 Pounds | 1,493 Pounds | ||||||||||||||||||||||||
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| Berlin | 3,100 Euro | 1,720 Euro | ||||||||||||||||||||||||
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| Paris | 4,300 Euro | 1,755 Euro | ||||||||||||||||||||||||
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| Prague | 59,000 Czech Koruna | 47,283 Czech Koruna | ||||||||||||||||||||||||
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| Warsaw | 8,800 Zlots | 7,510 Zlots | ||||||||||||||||||||||||
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| Budapest | 630,000 Forints | 541,411 Forints | ||||||||||||||||||||||||
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