St. Julians, Malta
Dragonara Business Centre, Office 506, Dragonara Road,
Paceville, St Julian’s, STJ 3141 Malta
+356 (277) 811-04
Vienna, Austria
Doblhoffgasse 9, 1010
+43 (650) 540-49-79
All offices

Real estate investment in Romania

The sale of apartments to foreigners in Romania isn’t limited: they can freely purchase, rent out, and sell properties.

The sale of land to non-EU citizens is prohibited. A land plot with a house can be bought for a legal entity if it’s a Romanian company.

Statistics confirm the liquidity of investments: residential real estate prices grow every quarter by an average of 1.3%. Five years ago, an apartment of 100 m² cost an average of €122,000, and today it is sold for €153,000.

€1,528 Average price per 1 m²
of housing in Romania
1,3% Average price per 1 m²
increase per quarter
1,44—10,2% Buyers’ related expenses,
of the transaction amount

Cost of a 3-bedroom apartment in Romania

€1.5 million

Penthouse in Bucharest,
in a prestigious area
near the King Mihai I Park

€500,000

Apartment in Bucharest,
in the Primăverii district

€200,000

Apartment in Bucharest

What do investors buy?

The most expensive real estate in Romania is in the capital, Bucharest.

Apartments

  • penthouses
  • apartments

Houses

  • mansions
  • villas

Romania residence permit or citizenship by real estate investment

Obtaining a Romania residence permit or citizenship is not connected with purchasing real estate.

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Taxes and associated costs

Purchase
Ownership
Sale

Property buyers pay stamp duty and additional fees: notary and registration.

Associated costs will range from 1.44% to 10.2% of the purchase agreement value. When buying a new apartment worth €250,000, the investor will spend €268,000, including additional costs.

1.44—10.2% Of the contract value are related costs for the purchase of housing in Romania
Purchase expenses
Stamp duty
0.5— 3%

Of the transaction amount

Notary fee
0.44—2.2%

Of the transaction amount

Registration fee
0.5—2%

Of the transaction amount

Agency fee

Share paid by the buyer

3%

Of the transaction amount

Taxes

Property owners pay an annual tax of 0.08% to 0.2% of the cadastral value.

Non-residents pay a 10% income tax on income from real estate rental in Romania.

€1,176 Approximate annual costs for
maintenance of an apartment

Communal payments

Electricity, gas, water, heating, and garbage collection
€60—155 

per month

Internet, TV and telephone
€5—12 

per month

If the owner sells a property for €100,000 or more, they pay a property transfer tax of 3% of the transaction amount.

The agency fee is 3%.

15% Capital gains tax on the sale of
real estate in Romania
Expenses on the sale
Transfer tax
0—3%

Of the transaction amount

Agency fee

Share paid by the seller

3%

Of the transaction amount