How Do You Buy A Property In Romania?
The property-buying process in Romania is largely unknown to foreign buyers, yet it can be relatively simple and efficient with the appropriate knowledge and preparation. Three people can make the buying process simple, secure and successful for you: a professional estate agent/property consultant, a reputable solicitor/lawyer (ideally English speaking) and the notary. • Find your property. Start by deciding on the type of property and location you are interested in. Whether a newly-built coastal apartment, a villa in a skiing resort or a city centre flat, or maybe just a plot of raw land, define your objective clearly from the onset. This will help focus your efforts and reduce the time, energy and money spent in the process. If you are buying land or the property has land with it and you want to own the land, set up a Romanian company. • Negotiate the price and make a verbal offer. Once you decide what you want to buy, find out a reputable property consultant and/or estate agent and
