Report: Romanians pay among the lowest taxes associated with a mortgage in Europe
Home buyers in Bucharest pay among the lowest taxes and associated costs in Europe when purchasing a home through a mortgage loan, about EUR 2.500 for an average one-bedroom apartment, according to a market analysis issued by online broker…
Radu Dumitrescu · Journalist
· Updated · 3 min read
Home buyers in Bucharest pay among the lowest taxes and associated costs in Europe when purchasing a home through a mortgage loan, about EUR 2.500 for an average one-bedroom apartment, according to a market analysis issued by online broker Ipotecare.ro.
The associated costs when buying a home include the property registration fee, notary costs, mortgage loan granting fees charged by financial institutions, the property valuation cost, and the possible fee of the credit broker.
