Finding a place to live can be very difficult and time-consuming. While it is possible to search for flats or houses yourself using a newspaper, magazine or the internet, if you do not speak Romanian the contract process can be quite hard. It is best to find someone who speaks Romanian to help you, or find a real estate agent.
In either case, you should still go online to see the types of properties available: www.imobiliare.ro, www.stentor.ro, and www.freeimmo.ro are a good start.
If you do go with an agent, their website will often have photos of their listed properties. Make sure you are fully aware of all your agent’s fees and legal terms in the contract you sign with them before you look at properties. Ask questions about anything you do not understand, and do not be afraid to tell them exactly what you want and expect of them. Sometimes agents will not offer terrific service if you are renting instead of buying because they make lower commissions on rental contracts; make sure you demand quality service anyhow. The usual fee for a real estate agent is between a half and a full month’s rent, depending on the additional services you request (connecting and organizing utilities, bills, etc). Many times, a good landlord will help you do this for free.
If your agent does not have many properties to show you, you can use other agents from different companies, but again, make sure you know what each company’s policy is. You will likely use several agents as well as look for yourself.
Nearly all rental and purchase prices are in Euro, not Lei, so be aware of exchange rates. When you finally choose a place that you want to rent or buy, be vigilant about the terms of the contract. If a contract in your language is unavailable, get it officially translated (see the Legal Translation Centers section) or write one yourself. Make sure you do not sign anything that you do not fully understand, and include every detail you have spoken about and agreed to. Do not be afraid to negotiate; if you do not like a condition or price, say so.
Also, be aware that it is common practice for agents and homeowners to want two contracts: one with the price you agreed on, and another official contract with a lower price for registration and tax purposes.
Be careful about this; it is always better to be in accordance with the law. Check out the Lawyers section for legal assistance.
Bucharest Homes – Expatriate Real Estate
Contact person: Andreia Lewis
CB Richard Ellis
Address: 51-53 Lascar Catargiu Blvd. (Europe House)
Phone: +40 21 313 10 20
Address: 169 A Calea Floreasca
Phone: +40 21 319 77 77
Cushman & Wakefield
Address: 2 Nicolae Staicovici St., 4th fl.
Phone: +40 21 408 03 00
Address: 25A Bucurestii Noi Blvd. Business& Technology Park
Phone: +40 21 361 10 10
Address: 1, Protopopescu St., suite 10, Sector 1
Phone: +40 726 601 681
E-mail: [email protected]
Besides long and mid-term rentals, Marathon Invest offers technical consultancy for real estate investments (throughout the whole life cycle).
More Real Estate
Address: 37 Putul lui Zamfir St., 4th Fl.
Phone: +40 21 308 62 71
GVA Asco Properties
Address: 54B Iancu de Hunedoara Blvd.
Phone: +40 21 230 77 77