If you’re a foreigner who owns property in Romania, it’s quite likely that you’ll be looking to rent it out, to earn yourself a neat profit. Familiarizing yourself with the Romanian tax system before you begin renting out a property in the country is crucial. Knowing how much you will have to pay to the state will help you get a better idea of how much rent you should charge your tenants, in order to...
When you’re looking to invest money, you have two main options - real estate or the stock market. The question is which is safer and which will generate the most return on investment (ROI). Also, you need to think which of the two is more accessible to you. You can just as easily buy some stocks or a property, but understanding how the stock market works is not for everybody, whereas anyone can get a...
If you’re considering buying or selling a property, you’re probably asking yourself whether or not you should hire a real estate agent. Do I really need a real estate agent? Surely it cannot be that hard. Technically, yes, you can do without a real estate agent, but in all fairness it won’t be such a great deal you’ll get. And you’ll only realize that when it’s already too late. Let’s...
If you’re a foreign citizen looking to buy an apartment in Romania you need to understand how the laws concerning property ownership work and what is the procedure to follow. Whether you’re using a real estate agency or not, do keep in mind that all contracts regarding buying or selling a property need to be authenticated by a notary public in order to be legally valid. Here are the steps to buying...
First impressions matter. And they matter more than you’d think in the real estate world. If you want to sell your house fast and for a good price, you need to put some work into it and make it as appealing as possible. Here are a few tips to help you prepare your house so it makes an excellent impression. Make Repairs Any good real estate agent will tell you that. If you want to get a fair price...
The real estate market, like all the economy, took a serious hit from the 2020 pandemic and we don’t know what lies ahead. Investing in real estate is always a good choice, people need housing no matter what, but you must be very wise about it. Here are five essential rules to guide you through these difficult times. Study the market and keep an eye on it Real estate is not like...
If you are planning to relocate to Bucharest and need a place to stay, H Pipera Lake Residential Project might be just the thing you need. A brand new home in a brand new exclusive community, offering you the best living conditions anywhere in the Romanian capital. Here are just a few reasons why H Pipera Lake Residential Project is a wonderful choice for someone moving to Bucharest or looking to invest in...
If you’re thinking about relocating to Bucharest, Romania and don’t know what to expect, here’s a quick guide to the cost of living in this city. Overall, Bucharest is definitely cheaper than Western European or US cities, but more expensive than living in other parts of the world. It’s somewhere in between, if you want. One interesting fact about living in the Romanian capital is that while...
Homes are our comfort places, our safe haven, and our relaxation hub at the end of every day. And when it comes to maintenance of our homes, we have to make some tough decisions as well. This includes the decision of renovating the house; whether you are willing to take this responsibility in your own hands or opt for a professional service? To understand this idea and responsibility better, it is only...
Living in Bucharest can be quite rewarding, as you benefit from all the amenities of a modern capital, but you also need to be prepared to see all the rocks ahead, as, like most big cities, Bucharest has a bright side and a darker one. But do rest assured that some research can spare you of seeing much of Bucharest's downside and will help you enjoy a safe stay, no matter if it' a short or a long...
