» LAND IN PIPERA
Plot of land located in the north part of Bucharest, in Sector 1, near the famous complex "Henri Coanda". The plot has 1,425.31 square meters (24.89 sqm - per 57 sqm. opening to the road). The maximum height allowed in the area is 21 meters. Price: 500 EUR/m

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» Bucharest Ring Road

Plot of land of 3,500 square meters located on the ring road of Bucharest, to the North, between Bucharest and Otopeni. This is an industrial zone and in fact even on this plot there is a construction project (which is for sell along with the plot) for a storage facility which also has some administrative spaces (offices).
The future construction shall have a total of 5,000 square meters. The price requested for the land (including the project and construction permit) is 1,500,000 EUR.

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Land - North Bucharest
Plot of 1,5 hectares (15,000 square meters) located to the North of Bucharest in Voluntari City. The plot has an opening of 281.96 meters to the main road and 54 meters to a forest. Price: 350 EUR/m.

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BUY ROMANIAN PROPERTY

We specialize in promoting special Real Estate opportunities in Romania to foreign clients around the world. This includes plots of land for future development or sale, houses and villas. We have an important experience working with foreign clients and local connections such as Romanian lawyers and accountants to be able to give you the big picture when in comes to the purchase of Romanian property.

 

Really interesting properties sell quickly. Register in our client database to be contacted instantly once we have new available opportunities!

 

FREQUENTLY ASKED QUESTIONS

Q: Can foreigners own land in Romania?

A: No, foreigners cannot directly own land in Romania, this can be done through the setup of a Romanian company and purchasing land through this company. In 5 years time after the date Romania has joined the European Union, EU citizens will be able to purchase Romanian land in their own name.

Q: What taxes do I have to pay if I purchase property in Romania?

A: You would have to take into account the Public Notary Fee (between 1-2%), VAT (19% - depending on who you are buying from) and eventually the attorney-fees. Of course, purchasing Romanian property will also imply paying annual tax to the Romanian local authorities.

Q: How do I know this Romanian property is right for me?

We are able to recommend you Romanian lawyers specialized in Real Estate to perform a complete Due Diligence procedure on the Romanian property to give you more information on market price evaluations, potential legal problems and other related information. Also they would be able to provide assistance and representation when the sell/purchase agreement is signed in front of the Romanian Notary.

Q: Why buy property in Romania and not elsewhere?

A: Real Estate investments in Romania have lately received lots of attention from international media. This is because prices are booming and profits can be obtained in a very short amount of time, either by developing if purchasing Romanian land or simply by waiting a reasonable amount of time before selling.

Q: Where can I incorporate a company for investment in land or other Romanian property?

A: For information on this subject please visit the website of IEC Law Firm: www.RomanianLawOffice.com. To create a Romanian company it is not necessary to personally travel to the country.

Q: Do I have to travel to Romania to sign the sell/purchase agreement in person?

No, you do not. Once you have seen and/or agreed upon buying a property, you can appoint a Romanian lawyer to sign in your behalf. We will of course we able to recommend you a trustworthy lawyer to fulfill this procedure.

 

 

 


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Ionita, Enescu & Cuc

Real Estate Lawyers in Bucharest, Romania. Company formation, Real Estate Due Diligence.

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Buy Land in Bucharest - Specifics of the market

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Plot in Vitan, Bucharest
 

4,000 sqm for sale in Vitan, Bucharest, quite near newly constructed residential blocks, opening of 80 meters to the main road. There is a City Hall limitation of Ground Floor + 14 on the land. This plot is ideal for residential developments.

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House for Sale in Pipera

House for sale in Pipera, Bucharest's new luxury residential area. Built surface of 200 square meters on a plot of 200 square meters. Ground Floor + 1 + attic with a terrace of 20 sqm. 2 parking spaces and garage. Price: 300,000 Euros.

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Old House in Bucharest city-center

Old house for sale in Lipscani area (old center) in need of renovation. It consists of Basement + Ground Floor +1st Floor and attic. Built surface of 150 square meters per level. Price 1,000,000 Euros/negotiable.

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