Property in Romania

Romania has cheapest luxury apartments in Europe

The price for luxury apartments in Bucharest is still one of the lowest in Europe.

The average price is 2,400 euros per square meter in Bucharest, compared to the absolute “champion of expensive”: Monaco’s 24,000 euros per square meter, a study by Global Property Guide indicates.

The second most expensive place is London, where a square meter in downtown is 10,000 UK pounds - some 15,000 euros.

Date posted: January 3, 2007