Average Real Estate Prices: Chișinău vs. More European Capitals (2024)

The real estate prices in Chișinău (€1,370 per square meter) are significantly lower than in major European capitals. Chișinău represents the most affordable real estate market in the comparison. It remains far below the average prices even in Eastern Europe.

Chișinău’s low real estate prices are the result of a combination of economic limitations, political factors, and restrained urban growth. However, these same factors also present opportunities for long-term investments, particularly if Moldova experiences economic growth or increased foreign interest.

• Western Europe vs. Eastern Europe:

  • Western European capitals like London (€18,000), Paris (€15,500), and Amsterdam (€7,850) have significantly higher average prices per square meter compared to Eastern European cities like Bucharest (€2,200), Budapest (€2,800), and Chișinău (€1,370).

  • This stark difference underscores the economic disparities and demand in these regions.

• Regional Outliers:

  • Among Eastern European cities, Warsaw (€3,000) and Prague (€4,100) stand out as having moderately higher prices, reflecting stronger economies or increased demand compared to others like Bucharest and Budapest.

  • Vienna (€8,600) is an outlier within Central Europe, aligning more with Western Europe than its neighbors.

• Chișinău as a Bargain Market:

  • At just €1,370 per square meter, Chișinău represents the most affordable real estate market in the comparison. It remains far below the average prices even in Eastern Europe.

• Mid-Tier Markets:

  • Capitals like Madrid (€5,400) and Rome (€4,700), while part of Southern Europe, show mid-range pricing compared to other Western capitals, reflecting more balanced supply and demand.