Romania and Bulgaria have the cheapest mortgage loans in the region, according to a report made by the online broker Ipotecare.ro

Romania and Bulgaria have the cheapest mortgage loans in the region, taking into account the average national salaries and the costs of purchasing a two-bedroom apartment through a mortgage contracted for a period of 25 years, according to a report by the online broker Ipotecare.ro.

Romania and Bulgaria stand out for having the most accessible mortgage loans in the region, in the context of average salaries and apartment purchase costs. The average monthly rate for a mortgage needed to purchase a two-bedroom apartment in Bucharest represents approximately 48% of the net average salary. This analysis considered a 50 square meter apartment, valued at 100,000 euros, with a fixed interest rate of 5.55%. In comparison, in Sofia, the average rate is 43% of the average salary, while in other capitals such as Athens, Budapest, and Chișinău, these percentages are significantly higher, reaching 62%, 72%, and 78%, respectively.