The prices of apartments and houses in Romania continue to be on an upward trend in 2021, with expectations that the trend will continue also in 2022. Even if the pandemic may have slowed down a bit the growth rate, real estate specialists in Romania say that the price growth trend will continue.
So, if you have been planning to sell a property you own in Romania, this may be the right time.
If you have already found a buyer and are now checking on the potential taxation on property sale, this is the right place. The first good news for you is that, depending on the sale price of your property, you may not need to incur any taxation on your property sale in Romania. We further explain below on the reason.
So, to ensure you cash in the amount of money you planned for, do your calculations carefully, because the sale of a property in Romania entails potential tax costs, on which we detail below.
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