Buyers chase under €120K homes in 2026: Old stock surge amid price squeeze

2 Min Read

Price has emerged as the kingmaker for Romanian homebuyers in 2026, steering most toward affordable options like older properties or suburban deals, according to an Imobiliare.ro survey. About 32% of respondents aim to snag a house this year, edging out two-room apartments at 30%, with three-room units third at 19%.

Nearly six in ten prospective buyers zero in on listings at €120,000 or less, and for 80%, the total outlay trumps a property’s age. Fewer than 20% stretch to €120,001–170,000, 10% to €170,001–200,000, and 15% chase pricier pads.

Old homes dominate: 44% hunt pre-owned

Pre-owned properties top the wish list for 44% of active Imobiliare.ro searchers. New builds still draw interest, but selectively: 37% want owner-sold units, 15% 2025 completions. Developers face a squeeze: buyers balk at premiums amid tight budgets.

The shift signals affordability fatigue after years of price hikes outpacing wages. Suburban and older stock gain as city centres price out first-timers, reshaping Romania’s residential map toward value over glamour.

Around 25% anticipate needing 3–6 months to find the perfect match, 21% reckon 1–3 months, and just 10% expect under a month. Taxes add friction: 33% say 2025 duties delayed their plans, with four in ten factoring property tax into choices.