How to rent premium housing in Romania directly from real estate developers

While most Romanians preferred to buy and own a house in the past, renting has become more of a favourite option locally. Several key trends have emerged in the rental landscape, including renting from developers, and this is shaping the way Romanians choose to live.

Renting has been catching on in the last decades in Romania, as it comes with predictable monthly costs and a lower initial financial burden, while renters enjoy the security of fixed monthly payments. They are not responsible for property taxes, maintenance, or repairs, responsibilities which fall on the landlord. This can make it easier to budget and plan for the future.

This option also offers greater flexibility and mobility, which is ideal for those who anticipate frequent relocations. It requires less commitment, as lease agreements are typically shorter-term and more easily terminated. Renting can be an attractive choice for those with evolving needs or people who prefer fewer responsibilities. So the flexibility to adapt to changing circumstances is a major advantage. It suits those who are not yet ready for the commitment and obligations of homeownership.

When it comes to renting, most of the offers on the Romanian market come from individual landlords. However, real estate developers have also started to offer dwellings for rent, not just for sale. Such is the case of Prime Kapital, which is offering for rent an important share of dwellings in its recently finished residential projects Avalon Estate and Marmura Residence, both in Bucharest. Both are premium residential compounds with apartments and townhouses, which offer fully or partially furnished cozy two-bedroom apartments, spacious three-bedroom apartments, luxurious penthouses, or iconic townhouse. Renters are high-demand professionals, including expats, which prefer a secure, car-free private community, where premium amenities and extensive green spaces come as part of the package, such as in Avalon Estate.

“We’ve launched Prime Rental, our rental division, because we’ve seen demand from those who wish to benefit from what our premium presidential properties have to offer, they want the quality and the living standards, but are not yet ready nor in the position to buy property in Romania, for various reasons,” said Prime Kapital representatives.

Those who rent have a streamlined, no hassle experience, with a single point of contact and a large choice of options, which is a significant improvement to the old renting system,” she added.