Romanian property Romania Real Estate, Romania Property, Properties for sale Romania property
Romanian property
Romania Real Estate - Romanian Deals Contact Romanian Deals
Romanian property
Sea View Apartments Sun Garden Apartments Romanian Property Property Management
Beach Apartments Seaside Apartments
 ›   Romanian Property
 ›   Property Development
 ›   Romanian Deals Real Estate
 ›   Romanian Deals Property Rental      & Management
 ›   Romanian Deals Capital Financial      Investments & Portfolio      Management
 ›   Romanian Deals Consultants
 ›   Romanian Deals Events
 ›   Romdeals Tourism Bookings
Romania propertyMortgages for Romanian property Mortgages for Romanian property

The mortgage market in Romania is still in its infancy. It has however just become possible for non-Romanian citizens to obtain a mortgage without the need for a Romanian guarantor. Most mortgages in Romania have a maximum duration of 25 years and you have to be under the age of 65. Based on the experience of other countries, the rapid growth of the mortgage market is likely to have a large impact on house prices.

Mortgages for non-Romanian citizens

  • How to get a morgage in Romania RomanianDeals Property will help you throughout the mortgage applications. Mortgages can be only obtained on built properties. Until completion we can offer a bridge loan.
  • 1st Step prepare the following documents: Passport and Drivin License National insurance number P60 or P45 Marriage Certificate(if maried) Official Letter from your employer stating that you Mrs/Ms X has been working with them since X as X(position held) for the duration of X(contract details)and state your net monthly salary 6 months of salary slips in order to date 6 months of bank accounts statements(to correspond with salary entering accounts)
  • 2nd Step open a bank account Will be requested to go to the local bank in Romanian with your passport to open a bank account
  • 3rd step pre-offer The bank will provide you with a pre-offer starting the mortgage amount that you can get.
Exchange rate risk Exchange rate risk is a fact of life when purchasing properties in a currency other than your own. Rate fluctuations may work in your favour or against you so it is important to be aware of the risks and the potential consequences. For example in 2004 the variation in the GBP-EUR exchange rate was 8.3%. Under this scenario the Sterling value of a EUR 100,000 property would have fluctuated by GBP 3,888. One way to manage adverse currency fluctuations is to ensure that you have sufficient funds available to absorb any extra costs. Alternatively a forward deal can be put in place with a foreign exchange company to secure a set rate at some future date (up to 2 years in advance). Should you wish we can recommend a number of suitable firms. However, the best way to hedge against the currency exchange risk is to simply exchange your sterling or euro amount to ron (Romanian currency) and place it in a high savings account which will pay more than 10% interest (as of today 11.04.2008). The EURRON or GBPRON rates are expected to fall in the next few years and as well with the interest received this will considerably improve your purchasing power, in most cases by more than 15%!

Contact Romanian Deals

Romanian property
  Sun Garden Apartments Romanian Apartments  

Romania Real Estate. Romania Property:

Romania Black Sea Property:

Romania Houses Romanian Apartments:

  Romanian property for sale
Property in Romania
Brasov property
Properties in Romania
Off-Plan Property North Bucharest
Off-Plan property Black Sea Romania
Property Purchase Procedure in Romania
Mortgages for Romanian property
Buying Romanian property
Romania Property Viewing Trips
Romanian Black Sea by Romanian Deals
Black Sea View Romania apartments
Beach front property Romania
Sun Garden Romania beach apartments
Costinesti Romania investment project
Romania Black Sea coast apartments
NEW Special offer: your own dream
apartment at Sun Garden Romania

Romania seaside apartment
Black Sea coast land for development
Apartments Costinesti Romania
Apartments Bucharest
Apartments Brasov
Apartments Constanta
Apartment rental in Romania
Villa in Romania
House in Romania
Villa in residential developments
North Bucharest house villa

Romania Real Estate:

Romania by Romanian Deals:

Bucharest Land Investment:

  Bucharest Real Estate
Brasov Real Estate
Black Sea Coast Real Estate
Romania Real Estate
Romanian Deals Real Estate Agents
Romania Real Estate News
Romania tourist guide
Constanta seaside
Romanian Black Sea coast
Romania Short Guide
Cheap flights to Romania
Romanian Food and Wine
Bucharest Land
North Bucharest Land for sale
Romania Land
Romania Land Investment
Seaside land in Romania
Beach seaside land in Romania

Romanian Deals services:

Romania Property Management:


  Romanian law services
Romanian law property
Accounting services in Romania
Tax in Romania
Company set up in Romania
Company administration in Romania
Romania lawyers
Lawyers Bucharest
Attorney Romania
Relocation services in Romania
Property management Property Rental in Romania
Snagging Of New Build Properties in Romania
Utilities/bill management of your Romanian property
Furnishing of your property in Romania
Property insurance in Romania
Maintenance and repair services for your property
Cleaning and laundry services for your property
Property Management Bucharest
Property Management in Brasov
Accommodation in Romania
Accommodation in Bucharest
Accommodation in Brasov
Accommodation in Costinesti
Accommodation in Constanta
Accommodation in Mamaia
Accommodation in Eforie Nord
Acommodation in Romania Black Sea Coast

Property Rentals in Romania:

Romania Real Estate Romania property: Tax information for Romania investment
Our network: Romania property | Cazare Costinesti | Cazare Litoral | Cazare Munte | Cazare Brasov
F.A.Q. | Investment in Romania | Disclaimer | Terms | Testimonial | Contact Romanian Deals
Copyright © Romanian Deals 2005-2013. Romania Real Estate. Romania Property.
  Letting/Reselling Your Romanian Property
Property Rentals Romania
Property Rentals Bucuresti
Property Rentals Brasov
Property Rentals Constanta
Property Rentals Costinesti