Purchasing property in Romania in 2026 requires careful analysis of all tax and legal risks, especially in the context of recent legislative changes and unpredictable economic developments.
1. Tax risks and protection against currency fluctuations
One of the major concerns regarding the purchase of a property is the currency risk, encountered in situations where the price is set in euros. To avoid additional costs generated by exchange rate fluctuations, buyers are advised to include clauses in the preliminary contract that stabilize the exchange rate until the final contract is signed. This type of clause offers predictability and financial protection, especially in transactions involving significant amounts.
2. The importance of registering the preliminary contract in the Land Registry
An essential step in the process of purchasing a property is the registration of the preliminary contract in the Land Registry. By registering it, the buyer ensures real protection against any subsequent transfers of the property to third parties, situations which, in the absence of such registration, can lead to considerable financial losses. Registration gives the buyer a right of preference and clarifies their legal position from the pre-contractual stage.
3. Urban planning risks and administrative irregularities
At the same time, the urban planning and administrative situation of the property must be carefully analyzed. Building permits, technical documentation, and compliance with local regulations are elements that can significantly influence the validity of the sale and the future use of the property. The lack of a permit, non-compliance with the urban plan, or the absence of a final inspection upon completion of the works can lead to difficulties such as the impossibility of registration, refusal to connect to utilities, or even demolition measures by the authorities.
4. Analysis of the land registry
At the same time, analysis of the land registry remains an indispensable tool. By examining mortgages, easements, or other encumbrances, it is possible to identify in advance any obligations that may burden the property and generate additional costs or limitations on the right of ownership. This step is essential to avoid subsequent litigation or unpleasant surprises after the transaction is completed.
In conclusion, all these aspects demonstrate the importance of specialized advice at every stage of a real estate transaction.
For further details or assistance in verifying documents and conducting the transaction, our team of lawyers is at your disposal to provide you with the necessary support, in a professional manner tailored to each case.
You can contact us at our law office in Sibiu, 13A Spartacus Street, Sibiu County, by phone at 0720.291.919, or by email at [email protected].