Real Estate in Romania

From all countries of Western Europe Romania is the most popular among investors country. It can be explained by well-developed tourist infrastructure, the high level of which is typical not of every West European country.
One can go to Romania in any season. Both summer and winter resorts are of high tourist standards. That is why buying real estate in Romania is a good investment.

There is an airport in Bucharest, more over high-speed railway Bucharest-Budapest has been built recently. Today buying real estate in Romania is considered to be cheaper than in other countries of the European Union. Naturally, that it is more expensive to buy real estate in Romania in the sea region, but nevertheless there are nice places near Moldova, Bulgaria, Serbia and Hungary. Foreigners pay attention at real estate in Buchareat, in the Black sea region (Mamaia, Constanza) and at ski resorts (Brashov). A lot of new buildings are constructed in Bucharest to satisfy the increasing demands in it.

To buy real estate in Romania is quite easy. At first make sure that the former owner paid all the necessary taxes and ask for a tax certificate to confirm it. Then apply to the according bodies to make sure that the real estate is neither put up nor arrested.

The final stage is to sign the sale contract. After that one is to pay notarial gathering (2-7%) and inform fiscal bodies about the purchase.