Real estate blog

Apartment prices in Chisinau can vary significantly depending on the sector, block type (new or old), number of rooms, floor, square footage, with repair or in the white version, autonomous or centralized heating, the general condition of the block, the presence of adjacent infrastructure (kindergarten, school, hospital, park, lake, public transport) etc.

In 2023, 1,545 houses were sold in Chisinau and its suburbs, with 0.8

In 2023, 3,979 apartments were purchased through mortgage loans in Chisinau and its suburbs, 77% more transactions compared to 2022.

The real estate market in Chisinau is going through a crisis already for the second consecutive year, the total number of apartments sold in 2022-2023 decreased by 40%. The official figures show us that in 2022 and 2023 we have around 14,800 apartments sold in Chisinau and the suburbs.

Apartment prices have risen a lot. Real estate companies are to blame and are directly involved in driving up apartment prices. Many people wonder who still buys apartments in Chisinau?

Demand on the real estate market in Chisinau has recently increased by 20-30%. However, the prices of real estate for sale have practically not changed. But still, a specific segment of the market seems to be experiencing slow growth. See further in the article what it is about.

In the first half of 2023, the real estate market in Chisinau continued to be a balanced one and apartment prices practically did not change.

The year 2023 will be a turning point for the real estate market in Chisinau. The economic and social effects of the last period have left a heavy mark on the direction and development of the real estate market, but also on real estate prices.

At the moment, the citizens of the Republic of Moldova are confused when they discuss the uncertain situation of the real estate market in Chisinau. More and more people are talking about the beginning of a real estate crisis, looking for answers to certain questions, such as:

What is happening on the real estate market in Chisinau? Why have rent prices increased? What are the prices of apartments for sale and how will things evolve in the near future? These questions were answered by our colleague, Victor Cernomorcenco, during the Good Morning show on TRM Moldova 1 television station.