What are the Starting prices of properties?

The average 2 bedroom apartments start at €140,000

What are the other cost's involved?

You will need to budget for 4-6% for others costs

Are mortgages available?

You can get a mortgage of up to 85% to the age of 65 interest only mortgages are also available

Is there a rental market?

The most common rental is long-term due to the influx of foreign companies within the region. Rental yield of 10%is being achieved within the area

Do I need a visa?

No - You can visit Romania for up to 30 days with a valid passport

Will I need a Lawyer?

We always highly recommend instructing lawyers with regards to property sales our local team will assist with this

What's included on the inspection visit?

Please see inspection trips link

How does the buying process work?

First, the seller must provide:
A fiscal certificate - confirming everything has been registered and paid to the authorities  
A title certificate - to confirm that the property is his to sell 
Both buyer and seller then sign the contract in front of a Notary Public, which is then legalised and sent to the Land Registry.
Buying an off-plan property will involve paying a deposit and then either paying in installments during build time or a final payment on completion or handover. Typically, the deposit is paid up front out of existing funds the buyer has or through a small  loan, using a mortgage to pay the required installments or final payment only. Some payment terms are around 20-30% deposit, 50-70% during the build period and 10% on delivery.