In July 2023, the residential market in Romania saw record apartment sales, boosted by the announcement of a VAT increase from 19% to 21%. In Bucharest, more than 5,000 apartments were sold and in Cluj-Napoca, transactions exceeded 1,000, the highest level in three years. Although Timisoara saw a slight increase, Iasi saw a decrease. The majority of buyers were individuals, and many developers have pledged to partially cover the VAT increase. The market is maturing, with an emphasis on sustainable and quality projects.
Sources
Colliers: Piaţa rezidenţială a avut vânzări record în iulie, ultima lună cu TVA redus . ” În mod tradiţional, vârfurile de vânzări se înregistrau în luna decembrie. Acum însă, regulile jocului s-au schimbat pe parcursul anului, iar piaţa a fost nevoită să se adapteze”
Vânzări record pe piaţa rezidenţială, în ultima lună, cu cotă redusă de TVA
Românii aflați în căutare de apartamente s-au grăbit să facă achiziții în ultima lună cu TVA redus. Analiză Colliers: Vânzari record pe piața rezidențială în iulie
Latest News
19:16
Israeli police forces intervened on Tuesday at a vocational training center in East Jerusalem, administered by UNRWA.
19:06
The European Union is examining with interest a potential application for membership from Armenia, which wishes to get closer to the West.
18:48
CIA Director, John Ratcliffe, is said to have secretly arrived in Moscow aboard an American military plane.
18:36
USS Abraham Lincoln will dock in Thailand next week for rest, after an extended deployment in the Middle East.
18:25
A large vegetation fire is taking place in Câmpu Mare, Gorj County, and the dense smoke has led to traffic restrictions on DN 67.
See more news