Basarabia Boulevard, Bucharest, Romania
Financial Information
Payment Plan
First payment: 20% on contract
Second payment: 80% on completion
Additional Costs
Legal fees: €1,800 (Including VAT)
To carry out conveyance and company set up
Notary fees: up to 1% of the purchase price
A fee paid to the Notary to attend signings at completion
Property Transfer Tax (Stamp Duty):
Between 0.5% and 2.5% depending on the purchase price
Registry fees: Approx. 30% of the Property Transfer Tax
A fee to register ownership of the property
Power Of Attorney, Commercial Registry: Approx. €300
Optional Title Insurance: €1,200
To insure the title of the property
Annual Company hosting fee: €300 + VAT
To host the company at the Lawyer’s address for 1 year (first 6 months are free)
Annual Accountant fee: €600 + VAT
To ensure timely and correct declarations of accounts
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