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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...

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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...

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5 Rules For Successful Real Estate Investment

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...

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H Pipera Lake Residential Project

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...

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Renovate Yourself or Buy Renovated Apartment

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...

hand holding a house

5 Reasons to Hire a Property Management Company

Initially you may consider yourself a handy-person for property repairs or that you have the time to deal with what you might imagine are the possible requirements of a landlord.  Perhaps also, you live close to the investment property and feel you can respond quickly and effectively to any needs of the property, or tenants. However there are five key factors to consider before you take on this new role....

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Apartment Walk-through Checklist

Location, tick. Price, tick. Sign, where? Wait, press pause. The giddy high of finally finding what looks to be the perfect apartment in Bucharest. Though right now, it is time to slow down and take a careful look. Let's stay positive, but it is important to make sure any issues are known, and dealt with now, so that there is less chance for headaches down the road. There are some factors...

bucharest sectors map

What Are The Safest Areas of Bucharest

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...

bulglar tries to brake window

How to Secure Your Apartment From Burglary

As a responsible owner or a wise rental, you must take into consideration all your options in order to secure your property against burglars. Fortunately, there are ways and security measures that will set at rest this serious problem and provide you with tranquillity and safety. Here are some security tips that we are advising you to consider if you are living in Bucharest: Use a security system....

contract signing

The Importance of Apartment Insurance

Although there are many things to say about apartment insurances, their overall benefits are undeniable, just compare it with your car insurance, think of all the troubles you can get in the case of not having it insured and that's one viable reason why you should consider looking into insuring your apartment. Because it's not only about what you can do wrong, but also about your neighbors, natural...

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