The second largest real estate market in Romania after Bucharest, Cluj-Napoca continues its ascent with a high number of apartment completions as well as substantial price increases for residential properties.
Supported by strong economic growth and an increasing demand for urban living, Cluj’s residential market is now stronger than ever. More and more young people – most of them graduates of Cluj-Napoca’s prestigious universities – choose to put down roots in Cluj-Napoca, enticed by the lively cultural scene as well as the thriving job market.
Being home to such a talented work force, the city has attracted many investors in recent years, including international companies such as Emerson, Endava, and Fujikura that decided to set up shop in Transylvania’s biggest city.
Full article: cluj-napocas-residential-market-booming
Source: Coldwell Banker Transilvania