Attention! Major changes to VAT for housing in Romania
Starting from August 1st, VAT increases from 9% to 19%. Last chance to invest in real estate in Bucharest with VAT of only 9%!
In the current context of the Romanian real estate market, a new wave of legislative changes is approaching, bringing significant changes for buyers and investors in the real estate sector.
The government announces the elimination of tax benefits for the purchase of new homes, which will lead to an increase in the VAT rate from 9% to 19%. This means higher costs for buyers of new apartments and houses and, implicitly, an adjustment of market prices.
What is changing?
- Current VAT: 9% for eligible new homes, an advantageous level for buyers.
- Near future: VAT will return to the standard level of 19%, which can mean an increase of up to 10,000 € for a home worth 100,000 €.
- Deadline: The measure is included in the government program and can be applied at any time, without an official announcement of the exact date.
Impact on the real estate market
According to data from recent years, the real estate sector in Romania has recorded steady growth, with a total transaction value of over 6 billion euros in 2022, according to the National Association of Construction and Real Estate Entrepreneurs (ANCPI).
At the same time, approximately 45% of new home purchases benefit from the current tax facilities.
Why is it important to act now?
- You save up to 10,000 € for an apartment worth 100,000 € if you benefit from the reduced VAT before the change.
- You secure the current price and avoid a significant increase in costs.
- You avoid the last-minute rush when many buyers will try to take advantage of the facilities.
What can you do?
Real estate specialists recommend acting quickly to benefit from the reduced VAT available now.
At our agency, our consultants will guide you step by step to identify eligible apartments, secure your current price, and quickly finalize the purchase process.
Useful statistics
- The real estate market in Romania grew by 12% in the first three months of 2025 compared to the same period last year, according to INS.
- The number of transactions in the new housing segment increased by 8% in the last year, but this growth may be affected by future VAT changes.
- Projections indicate a decrease in new home offers by up to 15% if tax facilities are eliminated, which will lead to an even sharper increase in prices.
To benefit from the current tax advantages and avoid increased costs, contact us now! At our agency, we help you find the best deals and quickly navigate the purchase process.
Don't let the opportunity slip through your fingers!
North Bucharest Investments — Your trusted real estate partner! (LinkedIn)
