November 25, 2017

The highest rents in large cities across the country

According to a study by imobiliare.ro, 15.5% of the offers have a monthly rent of over 1,000 Euro. A press release from the real estate portal said that “On a market that is still in full crisis, 15.5% of the apartments for rent on imobiliare.ro are for the high end segments. Thus, 1,107 of the 7,173 apartments for rent have a monthly rent of over 1,000 Euro”. The most expensive apartment is a 450 square meter penthouse in Herastrau, whose monthly rent is 6,800 Euro, the equivalent of 14 gross average salaries in Romania. Across the country, the most expensive apartment for rent in Cluj demands a monthly rent of 1,500 Euro, in Timisoara, 1,250 Euro per month, while in Constanta, the most expensive housing for rent is 1,700 Euro.

Source: Bucharest Herald (read more)

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