Is Romania good for real estate?
Romania is an attractive market for many investors in different fields – those looking to buy or rent office buildings, warehouses, investors in land, in residential real estate, or in land for photovoltaic projects.
Can foreigners rent property in Romania?
Some foreigners who are not not EU citizens may purchase a home or apartment in Romania as well, but they are not entitled to own the land itself. The real estate landscape in Romania is always changing when it comes to foreigners, so if you are unsure about something, you should check with a lawyer.
Can a foreigner get a mortgage in Romania?
There is no official legal restriction for lending money to expats, and it all eventually depends on the bank and their internal policy. But, in practice, banks are much more reserved to offer loans in this case, as they are concerned about potentially not getting their money back.