New builds in Chisinau for Sale

Chisinau on the map

Chisinau is the capital and largest city of Moldova, located in the center of the country along the Bic River, a tributary of the Dniester, at the edge of the Central Moldavian Upland, a region better known as Codru. Chisinau covers an area of 120 sq.km, the population is about 700,000 people.

Advantages of buying an apartment in Chisinau from developers

The trend that stimulates the construction of new builds in Chisinau is the obsolescence of the secondary housing stock. Therefore, an apartment in the new builds in Chisinau is becoming more and more popular in comparison with the secondary market, potential buyers are reorienting to the primary housing market. Mortgages also have a positive effect on the development of the real estate market.

In terms of prices, the primary real estate market in Chisinau is stable, while demand is growing slowly. Some experts point out that the increase in demand is provided by Moldovan migrants. Given this circumstance, buying an apartment from a developer in Chisinau for life is now especially profitable since you can purchase it at a low price. Investors are also carefully studying the local market: the sale of apartments from developers is interesting in terms of low prices. However, taking into account the moderate growth in demand for housing in recent years, the possibility of obtaining passive income is mainly provided by rent, new builds for sale in Chisinau do not promise buyers-investors immediate benefits to generate income from subsequent resale.

Chisinau is attractive for buyers and investors because, despite its status of a capital and the fact that the city has wide avenues, luxurious parks, modern shopping centers and hotels of world chains, the city still retains a cozy provincial spirit. Calm landscapes add special charm and local color. Chisinau is located in a zone with a rather mild, moderate continental climate with not very hot summers and mild windy winters; it is comfortable for those who do not tolerate extreme temperatures.

In which area is it better to buy an apartment in Chisinau in the new builds for sale?

Residential complexes in Chisinau are high-quality construction projects that meet the standards. Developers have positive reviews and offer payment by installments.

In the Botanica area there is a Botanical Garden, Rose Valley Park, a zoo, beautiful boulevards, new residential complexes with a wide range of expensive housing, but also a lot of compact apartments of low cost are offered here too.

Compared to the prices of Botanica, the apartments at the Telecentre are not much cheaper. It is a micro district, from where there is quick access to all attractions and to the city center.

In the Buiucani area there are: Arboretum, Valea Morilor Park and Skulianca Park, as well as the State Pedagogical University named after Ion Creanga.

There are many new homes in Riscanovka. This area is close to the center of Chisinau and it is popular among young people and students to live here. Young families live in the Chekana area, there are the best kindergartens and secondary educational institutions, as well as many playgrounds.

The center of Chisinau is the most prestigious area, there are many historical sights there.

The cheapest real estate is in the new homes in Chisinau from the developer in Buiucani, more expensive real estate is in the Center. At Botanica, Chekani, Riscani, the price per square meter is in the average price value between the Center and Buiucani.

According to the real estate search engine GEOLN.COM, the minimum price per square meter in the Chisinau residential complexes is $380 (apartments in black frame condition).

Features of the acquisition of real estate by foreigners

There are no special requirements for foreign citizens to acquire apartments in Moldova.

Highlights of Chisinau

The following attractions are especially popular:

• The Water Tower - one of the most striking examples of industrial architecture of the 19th century (there is now the Historical Museum);
• House-Museum of Pushkin in Chisinau (Alexander Sergeevich stayed in the guest house of the merchant Naumov in 1820-1823);
• House with Gulliver in Chisinau - a small two-story mansion in the center of the city, stylized in the architectural style of old Europe;
• Milesti underground galleries - wine storage and underground city;
• Tsypova Monastery - a rocky temple, striking in scope and internal structure;
• Museum of the History of Moldova;
• National Museum of Ethnography (the building was built in 1905, it is the only building in Moldova made in a pseudo-Moorish style);
• The Presidential Palace is one of the tallest buildings in Chisinau.

Real estate in the new homes for sale of Chisinau gives buyers the necessary incentive for life and development, a reasonable hope for investors that the investment will be profitable in the medium term. When demand begins to grow at a high rate, then the purchase of housing for investment in the new developments at a low price will fully justify itself. Chisinau gives the necessary comfort and inner peace to those who believe in it.