Guide to Investing in Real Estate During Inflation

Navigating the complex world of real estate through inflation can be mind-boggling. And while no one can estimate what our future will bring, lately, there’s been a lot of talk about inflation coming, and the economy taking a turn for the worst. Understandably, that’s got a lot of people out there wondering how that impacts their real estate prospects in the next, say, couple of years. In an attempt...

Taxes for Rental Property Income in Romania

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...

Real Estate Investments vs Stock Market

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...

Why Hire a Real Estate Agent?

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...

10 Steps To Buying an Apartment in Romania

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...

How to Prepare Your House for Sale

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...

How to Obtain NIF in Romania

If you’re planning to buy real estate in Romania you will owe taxes to the Romanian state and, in order to pay them, you will need to get a tax identification number. That’s usually called TIN in English-speaking countries, but in Romania it's called NIF, which means basically the same thing.  The Romanian tax authority goes by the name of ANAF and, while not as scary as the IRS, they’ll still be...

CEC Palace in Bucharest

When you visit Bucharest for the first time, they will undoubtedly tell you to start your tour with Calea Victoriei and with good cause. Calea Victoriei is one of the oldest avenues in Bucharest and is dotted with centuries-old buildings in various architectural styles. The CEC Palace is probably the most amazing among them, so please take your time to walk around examining its most impressive...

view to dambovita river in Bucharest

Is Bucharest Safe to Live

When a foreigner considers the idea of relocating to Bucharest, the main problem is they don’t know much about this Eastern European city.  Although it’s a major European capital, with a population between 2 and 3 million people, Bucharest is nowhere near as famous as Paris, London or Milan. When you’re going to move to Paris, you have some idea of what to expect, but Bucharest, out there in the...

Traditional Romanian Architecture

For a long part of its history, Romania fought for existence sandwiched between rival empires. The three main provinces that make up modern Romania, namely Moldavia, Wallachia and Transylvania, were for centuries under the influence of the Ottoman or the Austro-Hungarian empires, which left a mark on the country’s architecture. There is no one style that can be defined as purely Romanian architecture....

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