General Assessment

    Variable(2018)
    Data
    Main constraints in the development of the housing finance sector  
    New developments that will have a major impact on the sector 
    back to top | Country Data:
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households living rent-free
    Notes: % of households living rent-free
    Notes: % of households living rent-free
    Notes: % of households living rent-free
    Notes: % of households living rent-free
    Notes: % of households living rent-free
    Notes: % of households living rent-free
    Notes: % of households living rent-free
    Notes: % of households living rent-free
    Notes: % of households living rent-free
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: A local land tax is collected from property owners. The rate is applied per square meter and ranges depending on location of property. Nonresidents are also liable to pay rental income tax at a rate of 16%
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: CEC Bank is a state-owned bank that was founded in 1864.
    Notes: Central Bank uses prudential guidelines of European Banking Authority
    Notes: Includes all fixed rate loans
    Notes: Includes all fixed rate loans
    Notes: Includes all variable rate loans
    Notes: Includes all variable rate loans
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Includes commercial transactions; National figure
    Notes: Individuals who sell Romanian property are liable to pay transfer tax, levied on the sales proceeds. The applicable tax rate depends on the property value.
    Notes: Individuals who sell Romanian property are liable to pay transfer tax, levied on the sales proceeds. The applicable tax rate depends on the property value.
    Notes: On 3/3/16, the law on covered bonds came into force. Therefore, bonds may be a mortgage funding source in the future
    Notes: Property tax on residential buildings ranges from 0.08% to 0.20%. There is also a local land tax collected from property owners. The rate is applied per square metre and ranges depending on location of property.
    Notes: Property tax ranges from 0.08 to 1.3%, depending on property value and the building's classification. There is also a local land tax collected from property owners. The rate is applied per square metre and ranges depending on location of property.
    Notes: Property tax ranges from 0.08 to 1.3%, depending on property value and the building's classification. There is also a local land tax collected from property owners. The rate is applied per square metre and ranges depending on location of property.
    Notes: Rental income earned by nonresidents is taxed at a flat rate of 10%.
    Notes: Rental income is taxed at a rate of 16% for nonresidents. A 25% deduction is allowed
    Notes: Starting from 1 January 2019, NBR Regulation no. 6/2018 sets max DTI of 40% on loans in domestic currency and 20% for those in foreign currency
    Notes: The seller of an immovable property is liable to pay transfer tax. The rate varies depending on length of time the seller owned the property and the property value
    Notes: The seller of an immovable property is liable to pay transfer tax. The rate varies depending on length of time the seller owned the property and the property value.