Kövesdomb

Properties can be purchased at different completion stages. Below is a brief overview of what each stage includes.

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Structural

• the main load-bearing structure of the building is completed (walls, slab, roof structure)
• the basic construction structure is already standing
• windows, interior works, and mechanical installations are not yet completed

• installed gutter system

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Grey stage

• the structure and roof are completed
• exterior windows and doors installed
• plastering and mechanical installation outlets completed
• flooring, painting, and sanitary fixtures are not yet installed

• the front boundary fence of the property

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Turnkey

• fully finished, fitted kitchen units, move-in ready condition
• flooring, painting, and interior doors completed
• sanitary fixtures and electrical fittings installed
• operational mechanical systems (heating, water, electricity)

• the front boundary fence of the property

Romania’s new property sales regulation — commonly known as the “Nordis Law” — provides greater security for buyers of newly built properties. The process consists of several steps, and each stage is legally regulated.

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1. Property selection

• the buyer selects the suitable property within the project
• the property can be reserved for a short period of time

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2. Preliminary contract before a notary

• the purchase commitment is made in an official form before a notary
• the preliminary contract is immediately registered in the land registry

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3. Deposit and escrow account

• the deposit can be a maximum of 10% of the purchase price
• payments are deposited into a special protected escrow bank account
• funds in the account may only be used for the construction of the given project

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4. Protection for buyers

• registering the preliminary contract in the land registry prevents multiple sales
• therefore the same property cannot be sold to more than one buyer

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5. Final sale and handover

• after the construction is completed, the parties sign the final contract before a notary
• the property is handed over to the buyer in the previously selected completion stage

Yes. Throughout the entire process we support you in finding the right financing solution and handling the administration.

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During the process we help with:

• selecting the appropriate bank financing option
• conducting the preliminary credit assessment
• preparing the necessary documents
• coordinating bank administration
• monitoring the contract signing and loan disbursement process

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Our goal is to make the purchasing process as simple and transparent as possible, which is why we support you throughout the entire financing process.