Bucharest apartments have the fastest write-off rates in the world

Bucharest occupies the tenth place in a top city of the world where the investment in a four-room apartment is the fastest recovering by Airbnb's rental. The capital of Romania surpasses in this respect well-known cities such as Washington D.C. or Munich. London's Nested Startup, a real estate specialist, measured the return on real estate investment in 75 major cities around the world. The company analyzed thousands of sales transactions completed in the past six months, also consulting World Bank and HSBC data, to determine the average sale price of a four-room apartment inside the cities included in the ranking. At the same time, brokers have consulted the rental agents' real estate rental platforms to identify the average rent for such property. The results show that an investor must place 157,966 euros in a four-room apartment in Bucharest, which he can rent for about 600 euros per month. Through this operation, he can depreciate his investment in 263 months. The same property, however, can be rented through the international Airbnb platform for 3.441 euros / month, resulting in a dump rate of only 46 months. Nested notes that the Airbnb system substantially changes the rental market globally. Founded in 2008 in San Francisco, the Airbnb platform has so far had over 60 million users, is used in over 34,000 cities and 191 countries. Airbnb's return on investment is better than in Bucharest in Dubai, Cairo or Athens. South African Durban is ranked first with only 18 months to recover an 88,400 euro investment. At the tail of the hierarchy is Beijing, with a 714 month period needed to recover an investment of 1.26 million euros through Airbnb. Nested Top also shows that the sale price of apartments in Bucharest is among the smallest of the analyzed cities, occupying the 69th place. The same is the level of rents here, which places the Capital of Romania on the 68th place in the top.

British brokers also show that Cairo has the most affordable prices among the analyzed cities, the cost of purchasing a four-room apartment is just 56,495 euros. At the opposite end, a similar apartment costs 2.25 million euros in Hong Kong. The smallest rent is also in Cairo, 363 euros / month, and the largest is in San Francisco, where tenants pay monthly over 5,000 euros for a four-room apartment. Source: Capital.ro