{"id":4827,"date":"2026-08-14T10:37:16","date_gmt":"2026-08-14T07:37:16","guid":{"rendered":"https:\/\/www.greenlake.ro\/what-you-need-to-know-about-paying-taxes-and-fees-when-buying-a-home\/"},"modified":"2026-09-21T12:57:44","modified_gmt":"2026-09-21T09:57:44","slug":"what-you-need-to-know-about-paying-taxes-and-fees-when-buying-a-home","status":"publish","type":"post","link":"https:\/\/www.greenlake.ro\/en\/blog\/what-you-need-to-know-about-paying-taxes-and-fees-when-buying-a-home\/","title":{"rendered":"What You Need to Know About Paying Taxes and Fees When Buying a Home"},"content":{"rendered":"

Buying a home is one of the most important financial decisions a family will make. In addition to the property\u2019s sale price, there are a number of mandatory taxes and fees that must be taken into account from the very beginning of the process. These additional costs can significantly impact the total budget for the transaction. <\/p>\n

In Romania, in 2026, the tax regime applicable to real estate purchases primarily involves VAT on the purchase (if the property is new), notary and land registration fees, as well as the annual property tax, which becomes due after registration in the land registry. Unlike in other countries, there is no fixed real estate transfer tax paid by the buyer at the time of the transaction (such as stamp duties in other countries), but the seller may owe income tax on the sale. <\/p>\n

Projects such as Green Lake<\/a> in Sector 1 of the capital, featuring garden villas and premium apartments integrated into a sustainable community near Lake Grivi\u021ba, offer added comfort and long-term value, while adhering to the same general tax rules that apply to new homes in Bucharest. Read on to find out everything you need to know! <\/p>\n

Tax Steps When Buying a Home<\/h2>\n

1. Identifying the tax obligations associated with the purchase<\/h3>\n

In most cases, the costs fall into two categories: one-time fees paid at the time of purchase and annual obligations after acquiring the property. The first category includes notary fees, fees for authentication and registration in the Land Registry, as well as VAT, if you\u2019re buying a new home from a developer. <\/p>\n

Once the contract is signed, recurring obligations arise. You will need to register the property with the Local Tax and Revenue Office and pay the annual property tax. For standard use, this tax is calculated based on the type of building, its square footage, and the location. <\/p>\n

If you’re considering units in a premium residential community, be sure to review the cost breakdown in advance. You can explore the available unit types on the Green Lake apartments<\/a> page and request a complete estimate from the notary before signing. <\/p>\n

2. Accurate calculation of taxes and fees<\/h3>\n

When you buy a new home directly from a developer (such as apartments and villas in residential projects like Green Lake<\/a>), the transaction is subject to VAT. Starting in August 2025, the standard 19% rate applies to most new homes. The reduced 9% rate was temporary and subject to certain conditions: <\/p>\n