Buying Property in Romania?
Great info about buying Romanian property!

Buying property in Romania for overseas buyers does have legal restrictions as they are not allowed to own the land. However, there are a few exceptions; the main one being that by forming a Romanian limited company, this company can own the land and in turn, the company is owed by the overseas purchaser. The best way of starting the process to buying a property in Romania is to use a reputable estate agent (preferably one who holds membership of the National Union of Estate Agents (UNAI). Once a desired Romanian property is found, get a surveyor to give it a check over and an independent valuation. This minimises the risk of paying over-inflated prices the vendor may be asking for as you are an overseas prospect. Finally, it is advisable to use the services of an english-speaking lawyer to avoid any legal dangers.

Buying Property in Romania

Once a purchase price has been agreed for your property in Romania, the estate agent will create an agreement which is then signed by you and the vendor. A 10% deposit will be payable by you which is non-returnable is you pull out of the deal. If the vendor pulls out, they are liable to pay you, the buyer, double the deposit (your 10% returned and another 10% for collapsing the deal). The agent completes the searches and a notary transfers the title and handles the land registration on the signing of the final contract between you and the vendor.

Finding Property in Romania