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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.
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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
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