Property for sale in Romania
Homesgofast.com promote both Romanian land and property for sale from all over Romania. We help connect international buyers from outside the country to find real estate being offered directly by the owner, property developers and real estate agents.
Why buy property in Romania?
Romania has four distinct seasons. Spring is delightful, with comfortably warm days and cool mornings and nights, ideal for al fresco dining or evening walks. Summer can be hot, especially in the lowlands (with temperatures reaching 100°F from July to August), but one may always visit the surrounding mountain towns for a cool getaway. In summer, the place to be is Mamaia, the Riviera of Romania, along the Black Sea Coast. Though heavy snow during winter is not a constant occurrence in the areas surrounding the Carpathian Mountains, temperatures do tend to drop from December to the middle of March. These make for ideal holidays in the skiing resorts of Valea Prahovei and Proiana Braşov.
Where is the best place to buy real estate in Romania?
Prahova Valley Campina, Sinaia, Busteni, Breaza, Predeal, Comarnic, Cornu, Azuga, Brebu, Banesti, Provita, Poiana Campina, Valea Doftanei, Telega, Rasnov, Sotrile, and Bran/Rasnov (Bran Castle area) Ideal for cheap real estate as well as homes for sale that would make ideal second properties for foreign buyers
Popular with foreign buyers are
- Bucharest property
- Prahova property
- Bihor property
- Dolj property
Property in Bucharest
Cheap property in Romania
It's a fact that you can get more for your money in Romania and Bucharest is no exception probably one of the cheapest places to buy a property for a European city
How much does property cost in Romania
Bucharest real estate listings €180,000 4 bedroom apartment for sale Pipera, Bucharest located in the
€180,000 4 bedroom apartment for sale Pipera, Bucharest
Apartment for sale in Dorobanti, Bucharest €145,000 3 bedroom apartment for sale in Dorobanti, Bucharest
€250,000 5 bedroom apartment for sale Piata Romana, Bucharest Nordului Apartment for sale
€230,000 3 bedroom apartment for sale Nordului, Bucharest
Why buy property in Bucharest?
Known for its wide, tree-lined boulevards, glorious Belle Époque buildings and a reputation for the high life (which in the 1900s earned its nickname of "Little Paris"), Bucharest, Romania's largest city and capital, is today a bustling metropolis.
Romanian legend has it that the city of Bucharest was founded on the banks of the Dambovita River by a shepherd named Bucur, whose name literarily means "joy." His flute playing reportedly dazzled the people and his hearty wine from nearby vineyards endeared him to the local traders, who gave his name to the place. Read more at RomanianTourism.com
How big is Bucharest?
Bucharest General Information
Location: Southern Romania
Elevation: 190-295 ft (55-90 m)
Size: City of Bucharest - 88 sq.miles (228 sq.km); Metropolitan area - 587 sq.miles (1,521 sq.km)
Inhabited since: 500 BC
First documented: 1459 AD
Population: 1.921 million (2014)
Can Foreigners Buy Property in Romania?
Foreign citizens (non-Romanian) may purchase a home or apartment in Romania, but they are not entitled to own the land itself that the property sits on.These requirements appear to be in a state of flux, particularly with regard to citizens of European Union countries. As time goes by, you may need to check these ownership laws again for any possible revisions.
Romanian companies or “legal entities” may buy property and own the land itself. It is possible, under the right conditions, for foreign individuals to create a Romanian company and then use that company to purchase land.
Buying Land in Romania
After 2014 (a seven-year period following Romania's joining the European Union), many restrictions on the ownership of agricultural land were removed. It is now easier for foreign individuals, particularly those who are citizens of European Union nations, to own agricultural land in Romania.
More at WikiHow.com
How much does it cost to buy Romanian Real Estate?
Agent’s commission: When buying property in Romania the buyer and seller share the commission, which can be from 2 to 4% of the price per party. (We charge 2%). Be aware too that some agents also charge a daily viewing fee which will be refunded if you buy a property from them. We don’t charge this fee.
• State or Local tax: This is the equivalent of the UK stamp duty and is approximately 2 – 4% of the property price. It is set by the local municipality and may vary depending on the location of the property.
• Notary fees: The notary witnessing the purchase charges a fee of between 0.5% % 1% of the sale price. The fees are set by the government and depend on the purchase price of a property.
• Translator’s fees: As a non-Romanian, you are legally required to have all Romanian documents translated into your native tongue by a registered translator. The cost of this will be approximately £50.
• Surveyor’s fee: This is optional and will vary but is usually not greater than €150 for most purposes.
• Value Added Tax: The sale of property for residential purposes is exempt from value added tax.