Can a foreigner buy an apartment in Romania?

Can a foreigner buy an apartment in Romania?

EU citizens can own land, apartments or houses in Romania, just like any Romanian citizen. On the other hand, non-EU citizens cannot own land in Romania. Even if you want to own a flat or house without land, in practice they are usually sold together and cannot be separated.

How much does it cost to rent an apartment in Romania?

In Bucharest, the capital of Romania, the average rental price for a 2-room flat (one living room and one bedroom) is 450 euros. At the lower end you can find apartments for 250 euros per month. You’ll either live far from the center, in a very small space, or in a building with high seismic risk.

Can a foreigner get a mortgage in Romania?

Can foreign investors obtain mortgage loans? However, foreigners are still unable to purchase land in Romania, according to the current law, so they can only obtain mortgage loans on a number of conditions, namely if the deed of sale is concluded in a partner’s name.

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How much money do you need to live in Bucharest?

Summary about cost of living in Bucharest, Romania: Family of four estimated monthly costs are 1,841$ (8,065lei) without rent. A single person estimated monthly costs are 526$ (2,306lei) without rent.

How much does it cost to rent an apartment in Bucharest?

If you’re moving with your family, then you can even find a cheap apartment in Bucharest with 3 bedrooms, the average cost of which outside of the centre is just over €400 per month. Expats relocating to the city are usually looking for Bucharest apartments for rent, long term.

What are expats looking for when moving to Bucharest?

Expats relocating to the city are usually looking for Bucharest apartments for rent, long term. Make sure you do your research before you move so you know how to find the best accommodation and trustworthy contracts.

Is Dorobanți a good neighbourhood to live in Bucharest?

They are extremely convenient, especially if you expect to be busy for the majority of your time in Romania. These apartments are available in various areas across the city, but if you’re looking for luxury apartments in Bucharest, then the Dorobanți neighbourhood is a great one to check out.

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What is it like to live in Romania as an expat?

Romania’s capital, Bucharest is a popular spot for expats thanks to its low cost of living and stunning sights, among other things. It’s a lively city with a lot of character, and a great deal along the lines of culture and industry.