Apartments are becoming more accessible. People now have best conditions over last decade
foto: PUBLIKA.MD
Apartments become more and more accessible. According to a study made by IDIS, people who wish to purchase their own house now have the best conditions in 10 years.
According to IDIS expert, Veaceslav Ioniţă, if in 2008 to purchase a 70 square meter apartment were required 31 average salaries, now people can acquire an apartment with only 11.2 average salaries.
According to the prognosis, the number will further decrease to 10.2 average salaries. This tendency is explained by apartments becoming cheaper and salaries rising.
Real estate agencies also speak of apartments becoming more accessible.
According to them, an important aspect is the First House Project. The project was launched this year, at the initiative of Prime Minister Pavel Filip. The program is meant to people under 45.
Beneficiaries will have to set a down payment of only 10%, by three times less than in usual mortgage loans.
At the moment, the interest rate is of 9.03%.
State budget has foreseen for this platform grants amounting to one billion lei.