Number of real estate transactions increases in Moldova

Chisinau, 9 April /MOLDPRES/ - Data by the Public Services Agency (ASP) shows that the sales/purchases of apartments stood at 7,354 transactions in the first quarter of 2020; thus, there were by 60 per cent more sales in the first three months of this year against the same period of the year before.

According to the data unveiled, the real estate market for the first time ever exceeded 30,000 flats annually, - twice as much against the traditional annual sales.

Statistics data shows that the real estate market is concentrated in the Chisinau city, where almost 80 per cent of all real estate transactions are carried out.   

The real estate market has been increasing during 3.5 years; yet, the price for apartments remains relatively constant. In last summer, a slight increase in the price was recorded and at present, the price returned to the value registered in early 2019. Presently, a flat of 70 square metres from Chisinau costs an average of 36,200 euros, down by 1,100 euros against the summer of 2019.