housing

9% reduced VAT rate for housing, if the value does not exceed 600,000 lei

14:50, 03 Iul. 2025
A reduced VAT rate of 9%, compared to the initial 5%, will apply to the delivery of housing units with a usable floor area of up to 120 square meters and a maximum value of 600,000 lei, according to the draft austerity law published for public consultation.

Romanian Census To Begin On October 20 With EUR45M Budget

14:55, 18 Oct. 2011
The national census, to be conducted between October 20 and 31, will be the most complex census carried out in Romania after 1989 and the first since the country's accession to the European Union, with a budget of more than EUR45 million for 2011-2014.

Bucharest Housing Mkt To Recover, But Not Fully, In ’11 – Survey

13:35, 21 Mart. 2011
The residential markets in Bucharest and Sofia will not be able to make a complete recovery this year, while Warsaw and Prague will be the most attractive locations in the Central and Eastern Europe, Polish real estate company REAS said in a survey compiled in partnership with Jones Lang LaSalle.

Romanian 4Q ‘10 Finalized Dwellings Down By 6,251 To 16,680 Units

10:38, 04 Mart. 2011
The number of residential constructions finalized in the fourth quarter of 2010 fell by 6,251 units compared with the similar period a year earlier, at 16,680 units, the National Statistical Institute, or INS, said Friday.

Bucharest New Housing Sales Fall On Low Consumer Confidence

13:13, 02 Dec. 2010
Bucharest’s stockpile of newly-built housing stood at 10,000 units in the beginning of the year, with less than a quarter sold so far for prices below EUR90,000, the threshold applied for 5% VAT eligibility, according to a survey by real estate consultancy firm Real Time.

Romanian Notaries To Lower Fees By 15% For Natl Housing Program Beneficiaries

12:31, 22 Iun. 2010
Romanian notaries public plan to lower their fees by 15%, after a 30% cut last year, for beneficiaries of a government-guaranteed home-buying program and forward their proposition to the justice minister.

Survey Shows Flat Prices Per Sqm Higher Than Villa Prices In S Bucharest

15:39, 20 Mai 2010
The price of villas, calculated per square meter, in the western part of Romania’s capital city Bucharest, is similar with the price of apartments in the same area, while apartments have grown more expensive than villas in the city's southern region, according to a survey of Imopedia.ro.

Romania Should Stop Financing Housing, Start Public-Private Partnerships – Govt Official

12:27, 05 Nov. 2009
Romania should stop allotting funds for building construction and the Development Ministry is working on a draft law regarding a public-private partnership between builders, town halls and banks, said Gheorghe Popescu, a director within the Ministry.

Developers Delivered Only 37% Of Housing Projs Started In ’06-’08 In Bucharest

16:06, 26 Oct. 2009
Real estate developers completed by July the construction of just 37% of the housing projects started in Romania’s capital city Bucharest between 2006 and 2008, while half of the units built in the past four years are still available for sale, according to real estate consultancy firm Regatta.

Romanian SMEs Guarantee Fund May Guarantee 80% Of Developers Loans

16:38, 15 Oct. 2009
Romania's SMEs loans guarantee fund FNGCIMM is in talks with several banks for launching a product by which developers’ loans would be 80% guaranteed by the fund, if they signed pre-contracts for 75% of the surface.

Romanian Senate OKs Decree Regulating Thermal Rehabilitation Program

15:04, 01 Apr. 2009
Works to insulate old apartment buildings will be 50% paid from the state budget, the Romanian senate decided Wednesday, approving a government decree that targets energy efficiency by insulating old buildings.

Romania Housing Agency Tenants To Be Able To Contract Mortgage Loans

19:06, 10 Nov. 2008
Tenants of the Romanian National Housing Agency will be able to take out mortgages on the homes to contract loans with the purpose of buying the apartments they are currently renting, while banks will be able to sell, at any time, the mentioned homes, if loans aren’t returned.