Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Real Estate: Residential real estate transactions of EUR...

Real Estate: Residential real estate transactions of EUR 210 million in H1 2024 reported by VAUNT

October 30, 2024

VAUNT, the sales management platform dedicated to residential developers, which also develops a marketplace for investors interested in buying apartments in Europe, reported client transactions of around EUR 210 million in the first months of the year. More than 70 clients manage over 20,000 properties for sale or rent through VAUNT, in addition to those already sold in the tech startup’s 3 years of operation. VAUNT facilitates the sales process for real estate developers through a series of modules it provides for lead management, marketing campaigns, closing contracts, transaction tracking and more.   In the first 6 months of the year, 14 new Romanian residential developers started using VAUNT. In total, VAUNT customers manage over 20,000 units on the platform. The most important trends of this half of the year, according to data aggregated by VAUNT, indicate: Buyer’s preference for 2-room apartments Fewer but more valuable transactions – the average value of a transaction being approx. EUR 115,800 The development of the city of Constanta as the next real estate hub, both for the residential market and for the other verticals The third quarter comes with positive results for VAUNT and its partners, who managed through the platform properties sold with approximately EUR 103 million in transactions. VAUNT aims to expand its client portfolio both in Romania and in the region. VAUNT Market emerged in a context where the local and regional markets have not yet fully stabilized, but the potential for return on investment is high. VAUNT Market is a marketplace for properties in Europe, which also comes with know-how and support for those interested in purchasing one of the apartments curated by the VAUNT team. Interested investors currently have the option to sign up for a waiting list. After the marketplace is officially launched they will benefit from access to European properties, as well as advice on the purchase of an apartment.   “Romania’s entry into the OECD brings benefits for the residential market. It will show that we are a stable country from an investment point of view, we will enter economic statistics, we will become much more attractive for new projects both residential and commercial or mixed.” – Irina Constantin, CEO & Co-founder at VAUNT.

Read in full - click here
Romania – the New Hotspot for Real Estate Investments in Central and Eastern Europe

North Bucharest Investments anticipates a surge in international interest in the local real estate market following the launch of the Romanian Golden Visa program — a modern mechanism granting foreign investors a 5-year residence permit and the possibility to later apply for Romanian citizenship. The program, which allows eligible investments starting from €400,000 in real […]

Bucharest is becoming the epicenter of climate action. Ten reasons to attend the Climate Change Summit 2025

Between October 21-25, Bucharest hosts the Climate Change Summit, the most important event in Central and Eastern Europe dedicated to climate action. The main event will take place on October 21 at the Palace of Parliament, featuring the participation of international leaders, decision-makers, and sustainability experts. CCS Week includes...

Romanian design, sculpture on show in Paris

The works of several Romanian designers and artists will be on display at the Hôtel de Béhague in Paris, the headquarters of the Romanian Embassy, as part of the exhibition Valuable. The Romanian artists and designers included in the exhibition are Radu Abraham, Mircea Cantor, Bogdan Ciocodeică, Constantin Flondor, Cosmin Florea, Nona Inescu, Șerban Ionescu, […]

SCUT brings a unified vision on digital protection - a cybersecurity architecture that eliminates fragmentation between systems

SCUT, Romania’s newest cybersecurity company, has officially launched the concept of the digital cyber shield — a unified approach, co-created with Orange Cyberdefense — that provides a high level of protection, complete visibility, and coordinated assistance in the event of a cyberattack. The event, organized in Bucharest, brought together industry experts, partners of the new […]

Romanian engineering company Simtel to open factory for industrial cleaning robots

The Romanian engineering and technology company Simtel (BVB: SMTL) announced on Tuesday, October 14, that one of its companies will open a factory in Băicoi, Prahova, to produce industrial cleaning robots. Simtel has a 51% stake in Agora Robotics, the company that will operate the factory set to open in November. “We already have a […]

Over 50 NGOs call on Bucharest city officials to increase fines for illegal deforestation

Over 50 civic and environmental organizations are calling on the General Council of the Municipality of Bucharest to increase fines for illegal deforestation. At the moment, the fine for the illegal cutting of a tree is only RON 50 (EUR 10), or even RON 25 (EUR 5) if paid within 15 days. The organizations have […]