Among the most sought-after destinations to move and start a new life, emerge the classic hot or extremely cold nations, famous for their level of attractiveness and other standards of quality of life. They are not considered instead of the equally advantageous realities and rich in opportunities. Today, we at Realigro have decided to analyse a country in Eastern Europe, where it will be possible to radically change one's life by exploiting local resources to the maximum, and we are talking about Romania, a territory defined as a Danubian-Pontic space, because of its geographical connotation.
Yes, today we will discover how buying a property in Romania can be the right choice, and especially convenient for you, the future investors who want to take this step for some time.
Admit it, you are often held back when it comes to opting for choices that seem so difficult, but do not be afraid. We at Realigro have decided to create a mini guide to answer all your questions, and to give you the peace of mind you need! So, if you are ready and armed with pen and paper to be able to write down all the advice we are about to give you, we can start!
Let's start with the basics: the first step to overcome is bureaucratic - administrative. What are the documents to be able to access Romania? The country is a member of the European Union and of the Schengen Agreement. To be able to enter, you must show your identity document or passport if you are not from an EU country. If the period of stay is longer than 90 days, it will be compulsory to apply for a residence permit to the Romanian Foreigners' Authority (dependent on the Ministry of the Interior).
Once we have passed the first obstacle, we try to understand which is the official language of the country. Both Romanian and Macedonian are considered official languages. But don't worry, a basic knowledge of English is enough to communicate.
Now let's get to the heart of our mini guide, especially by analyzing the economic and financial situation of the country. To do this, we have decided to include a small list of the main basic goods and services and their prices. We also remember that the official currency is the Romanian Leu, which corresponds to 0.21 euros.
Lunch or Dinner in the Restaurant 5,28 € (25,00 RON)
Lunch for 2, Three Serves 21,14 € (100,00 RON)
Lunch at Mc Donalds 3,80 € (18,00 RON)
Local beer (50 dl) 1,27 € (6,00 RON)
Milk (1 liter) 3.44 € (16.27 RON)
Bread (500 grams) 0,46 € (2,16 RON)
Rice (1 kg) 0,44 € (2,08 RON)
Eggs (12) 1,97 € (9,33 RON)
Local cheese (1 kg) 2,10 € (9,92 RON)
Chicken breast (1 kg) 1,79 € (8,45 RON)
Red meat (1 kg) 2,74 € (12,96 RON)
Electricity, Heating, Water, RSU (app. 85 m2) 92,09 € (435,67 RON)
We can guess that the cost of living in Romania is definitely affordable compared to the average of the countries of Eastern Europe.
Last but not least is our sector: real estate. How much does it cost to buy a property in Romania? The average cost for signing a lease is 331.56 euros (1,568.86 RON). To buy a property instead you start from 1,084.09 euros (5,129.65 RON) per square meter. We hope that our mini guide has proved useful. We just have to wish you a good trip!
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