Attention! Major changes to VAT on housing in Romania - What you need to know

Starting 1 August, VAT will increase from 9% to 19%. This is your last opportunity to invest in real estate in Bucharest with VAT at 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 has announced the elimination of tax breaks for the purchase of new homes, which will lead to an increase in VAT from 9% to 19%. This means higher costs for buyers of new apartments and houses and, implicitly, an adjustment in market prices.

What is changing?

• Current VAT: 9% for eligible new homes, an advantageous rate for buyers.
• Near future: VAT will return to the standard rate of 19%, which could mean an increase of up to €10,000 for a €100,000 home.
• Term: The measure is included in the government programme 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 grown steadily, with a total transaction value of over €6 billion 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 incentives.
Why is it important to act now?
• You save up to €10,000 on a €100,000 apartment 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 incentives.

What can you do?

Real estate specialists recommend acting quickly to take advantage of the reduced VAT rate currently available. At our agency, consultants will guide you step by step to identify eligible apartments, secure the current price and quickly complete the purchase process.

Useful statistics

• The Romanian real estate market grew by 12% in the first three months of 2025 compared to the same period last year, according to the National Institute of Statistics (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 changes in VAT.
• Projections indicate a decline in new housing supply of up to 15% if tax incentives are eliminated, which will lead to even more pronounced price increases.

Our recommendation

To take advantage of the current tax benefits 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 this opportunity slip through your fingers!

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