Will the 9% VAT rate for new homes be eliminated?
Back to blogWhat does this mean for buyers?
An important change is being prepared in tax legislation: The reduced VAT rate of 9% for new homes priced under 600,000 lei (approximately 118,500 €) will be eliminated starting the month of August 2025.
This measure will have a direct impact on those who wish to purchase a new apartment: The final price will increase significantly, only from the VAT difference.
If you are considering buying a home in the near future, here's what you need to know:
Frequently Asked Questions about VAT modifications for new homes
1. Is the 9% VAT really going away?
According to official announcements and legislative projects, The VAT rate of 9% will become 21% for new homes, regardless of the price. It is a measure with a high degree of probability, supported by budgetary arguments.
What happens if I sign the contract before it comes into effect?
If you sign the sales contract before the amendment takes effect, you’ll benefit from the 9% VAT rate. It is essential that all conditions in the current legislation be met. See here the conditions.
3. How much will the final price actually increase?
The VAT difference is significant. For example, for an apartment of €100,000 without VAT:
- With VAT 9% ➝ 109.000 €
- With VAT 21% ➝ 121.000 €
This is what it means 12,000 € more only from VAT.
4. Does it only apply to new homes?
Yes. The modification concerns only new homes sold directly by developers. For older homes (resales between individuals), VAT does not apply.
5. What can I do now to avoid additional costs?
✅ To choose a finished apartment and sign the contract as soon as possible.
✅ Check with your real estate agent or notary all conditions for applying reduced VAT.
Concrete example: Băneasa Greenfield
In GREENFIELD Băneasa, you can choose finished apartments, ready to move in, at promotional prices from 91,111 € + VAT (9%).
Parking spaces are available from 10,000€ + VAT for an above-ground location or €13,000 + VAT for an indoor parking space.
Additional benefits:
- Clean air, near the forest
- Integrated Facilities SQUARE, supermarket, Wellness Club, restaurant
- Stable community
- State school and kindergarten under construction
- BREEAM Excellent certification for sustainability
If you plan to invest in a new home, The following months are essential.
By signing a contract before the new measure comes into effect, you can save thousands of euros.
📩 Contact a Greenfield consultant now and find out what options you have for buying at a great price and with VAT 9%.