Romania Property Market for Overseas Buyers

Yes. EU, EEA and Swiss citizens buy any property, including land. Non-EU citizens can buy apartments in their own name, but land, and so houses and plots, generally needs a Romanian company (SRL). Check the rule for your property with a Romanian notary, since some land exceptions exist.

Buyer costs are modest: notary, land registry and legal fees come to about 1% to 2% of the price. The 1% or 3% transfer tax is paid by the seller. After purchase, rent is taxed at 10% on income after a 20% deduction, and annual building tax is about 0.08% to 0.2% for homes, set by the local council.

An apartment is a building, so a non-EU buyer can hold it personally. A house, villa or plot comes with land, which usually must be bought through a Romanian SRL. Setting one up costs about EUR 500 to EUR 1,500, and the company then has yearly filings and tax duties.

Yes, but banks are cautious. BCR, BRD, Banca Transilvania and Raiffeisen lend non-residents about 60% to 70% of the value, against up to 85% for residents. Loans are mostly in lei at about 7% to 9%, over up to 30 years. Non-EU applicants may be asked for a residence permit.

Romania is in a transition year, with new supply at its lowest since 2017. Cluj-Napoca prices grew about 9.7% and Bucharest about 16.6% in the last year, while average gross yield is about 6%. Rates and taxes may rise further. Capital at risk.

No. Romania has no Golden Visa or residency by investment, and a EUR 400,000 proposal is not in force. Non-EU buyers need a separate work, business, family, study or digital nomad route. EU, EEA and Swiss citizens can live in Romania freely and register after 90 days.