Cordia analysis: Bucharest gaining attention of regional investors thanks to its affordability

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• 01At the same time, construction costs for an average residential project in Bucharest or Warsaw are approximately 25-30% lower than in Budapest, while land prices per square meter in the Polish capital are more than twice as high as in either Bucharest or Budapest.
• 02At the same time, gross rental yields in Bucharest stand at approximately 5-6%, a level comparable to that seen across major residential markets in Poland.
• 03In Hungary, VAT on newly built homes is currently 5% and can be reclaimed for homes located in designated brownfield regeneration areas.
• 04In Poland, the VAT rate is 8% for residential properties up to 150 square meters, while any floor area above that threshold is taxed at 23%.
• 05For our cross-border projects, we naturally assist buyers wishing to purchase a new-build home either elsewhere in the region,” said Áron Görög, Head of Sales at Cordia.
• 06In Romania, following a period of reduced taxation, VAT returned to 21% in August 2026. “Prices are strongly influenced not only by differences in underlying costs, but also by the complexity of administrative processes, varying levels of demand and the range of government support schemes available to buyers,” added Áron Görög. radu@romania-insider.com (Photo source: Lucian Milasan|Dreamstime.com ).
• 07The analysis also shows that residential markets across Central and Eastern Europe cannot be compared solely based on headline prices.