Property Investment in Romania as a Foreigner

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

1,3%

Average price growth per quarter

1,44—10,2%

Associated costs, of the property value

How the residential property price index is growing in Romania

blok

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

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Individual selection of investment properties

  • Discuss your tasks and goals

  • Choose between properties from reliable developers

  • Get fully prepared and verified documents for a purchase

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Romania residence permit or citizenship by real estate investment

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

Discover real estate market trends in 41 European countries

Discover real estate market trends in 41 European countries

  • Master the residency process

  • Get expert tips and documents

  • Estimate costs accurately

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Taxes and associated costs

Purchase taxes

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.

Stamp duty0.5— 3% — of the transaction amount
Notary fee0.44—2.2% — of the transaction amount
Registration fee0.5—2% — of the transaction amount
Agency fee — share paid by the buyer3% — of the transaction amount

Ownership 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.

Electricity, gas, water, heating, and garbage collection€60—155 — per month
Internet, TV and telephone€5—12 — per month

Sale taxes

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%.

Transfer tax0—3% — of the transaction amount
Agency fee — share paid by the seller3% — of the transaction amount

Countries to buy a property and get residency or citizenship

We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.

Country and status
Investments
Status
Time required
mt-flagmt-flag
Malta29 properties

€375,000+

Permanent residency

6+ months

Show 29 properties

€375,000+Permanent residency6+ months
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Grenada44 properties

$270,000+

Citizenship

8+ months

Show 44 properties

$270,000+Citizenship8+ months
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ae-flagae-flag
UAE158 properties

AED 750,000+

Residence permit

2+ months

Show 158 properties

AED 750,000+Residence permit2+ months
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es-flages-flag
Spain37 properties

Not limited

Residence permit

4+ months

Show 37 properties

Not limitedResidence permit4+ months
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pt-flagpt-flag
Portugal67 properties

Not limited

Residency after D Visas

6+ months

Show 67 properties

Not limitedResidency after D Visas6+ months
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40+ guides with European countries

Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.

se-flagProperty Investment in Sweden as a Foreigner

Foreigners can freely buy, lease, and sell real estate in Sweden. There are no restrictions on property ownership for non-residents or...

€4,800

Average price per 1 m²

1.2%

Average price growth per quarter

Learn more
sk-flagProperty Investment in Slovakia as a Foreigner

Foreigners can freely buy, lease, and sell real estate in Slovakia. Statistics confirm the liquidity of investments: residential real...

€3,800

Average price per 1 m²

2%

Average price growth per quarter

Learn more
no-flagProperty Investment in Norway as a Foreigner

Foreigners can freely buy, lease and sell housing and commercial real estate in Norway. Statistics confirm the liquidity of investments:...

€5,266

Average price per 1 m²

1,2%

Average price growth per quarter

Learn more
Igor Buglo

Material prepared by Igor Buglo, Head of the Maltese office, MBA

Updated:

​Frequently asked questions

  • Is Romania a good place to invest in real estate?

    Romania has become increasingly popular for real estate investments, thanks to its growing economy and expanding real estate market. The country offers a variety of investment opportunities, from urban apartments in bustling cities to holiday homes in the scenic countryside. 

    The real estate market has shown resilience and gradual appreciation, making it a potentially lucrative option for both residential and commercial investments.

  • Can foreigners buy real estate in Romania?

    Foreigners can buy real estate in Romania relatively easily. EU citizens enjoy the same property ownership rights as Romanian citizens, which includes the ability to purchase land. Non-EU citizens can buy buildings without restrictions but might need to set up a Romanian company to purchase land. 

    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.

  • Where is the best place to buy property in Romania?

    The best place to buy real estate in Romania largely depends on your investment goals. For commercial investments or urban living, cities like Bucharest, Cluj-Napoca, and Timișoara are popular due to their economic activities and higher rental demand. 

    For a more scenic and tranquil setting, areas like Brașov or the coastal region of Constanța are appealing for residential and vacation properties. Each area offers distinct advantages depending on whether you prioritize yield, growth, or lifestyle.

  • Is it cheap to buy a house in Romania?

    Compared to many Western European countries, buying a house in Romania can be relatively inexpensive. Prices vary significantly between rural areas and major cities. Rural areas offer very affordable options, while cities like Bucharest have higher prices yet still offer good value compared to other European capitals. 

    The affordability also extends to living costs, making Romania attractive for both living and investing.