New builds in Cluj-Napoca for Sale

City on the map

Cluj-Napoca is a city in the northwest of Romania, located in a continental climate zone with warm and dry summers and rather cold winters.

Why is it profitable to buy an apartment in the new builds of Cluj-Napoca?

Cluj-Napoca plays an important role in the Romanian economy. Enterprises of the following industries operate in the city: mechanical engineering, printing, chemical and food industries. The companies produce their own products: cheeses, earthenware, porcelain. Local brands that have become well known nationally and to some extent even internationally include breweries. In recent years, Cluj-Napoca has also become an important IT center, thousands of specialists from all over the world have moved here; innovative enterprises have been created.

Cluj-Napoca held the titles of European Youth Capital in 2015 and European City of Sports in 2018. In the city, a quarter of the population is student youth; in Babes-Bolyai University alone (the largest university in Romania) there are about 40,000 students.

The city is also an important regional commercial center with many shopping malls.

It has its own airport, 9 km from the city center, and there is public transport - buses and trams.

The city is known as a place where traditional and progressive cultures meet. There is always a large selection of theatrical performances, puppet shows, concerts: from classics and jazz to modern pop music and electronics.

Regarding the primary real estate market, the picture of internal migration convinced experts that the most attractive residential projects are concentrated in this city. Moreover, living in the country and paying taxes and services related to the ownership of Romanian real estate is much lower than in other European countries. All these circumstances stimulate developers to build new builds for sale, but it has not yet been possible to meet the growing demand for primary real estate in Cluj-Napoca.

Multi-storey residential complexes in Cluj-Napoca consist of apartments of different classes (from economy to elite). The sale of apartments from developers is carried out, as a rule, in black frame condition. Feedback from home buyers confirms the good quality of the erected objects. Renovation in new builds for sale, meets the standards. New homes for sale, in Cluj-Napoca from the developers are being built using the latest technologies and they are delivered on time.

You can buy an apartment from a developer in Cluj-Napoca at a low cost (considering EU standards), the minimum price per square meter in a new home in black frame condition (according to the information of the real estate search engine GEOLN.COM) is 1,110 USD.

Purchase of apartments in Cluj-Napoca by foreigners

Foreigners can buy apartments without restrictions.

Highlights of the city

• Fortress park;
• Central Park;
• museums: history of Transylvania, ethnographic, zoological, art;
• Botanical Garden;
• national opera;
• Avram Yanku Square;
• Chorea bridge;
• Franciscan Church;
• a monument to Matthias Corvin;
• Banffy Palace;
• Unity Square.

Purchasing an apartment in a new development in Cluj-Napoca is a profitable investment solution, reasonably presupposing the receipt of passive income (rent, resale), as well as life in a promising city of youth and the IT industry.