Building Project Support

One of the most exciting aspects of investing in Romania is the seemingly limitless economic growth. From land prices, to car purchase trends, to GDP, not to mention Industrial & commercial, urban & socioeconomic growth.

All this results in one inevitable thing. People are now starting to immerse themselves in more & more luxurious surroundings & trappings.

It is very popular for example, to source land, find an architect & a building company & create a dream home. As is to be expected, this is fraught with risk & complexity.

At WMP, we can project manage, or simply liaise on your behalf to ensure your project goes smoothly. We can carry out any or all of the stages listed below:

• Find the right location to build
• Find the best land/ project to renovate or create
• Conduct all approval processes & submissions
• Find architects, building companies, & specialists
• Create a project plan
• Create a financial plan
• Apply for Finance
• Monitor the project to the plans
• Ensure materials are value for money/ good quality
• Organising contingency labour teams
• Ensuring conformance to building standards/ regulations
• Organise milestone sign-off
• Conduct site visits & photo diaries or photo updates
• Final commissioning of the property
• Internal design & furnishing
• Partial or full management

Building your own home is an excellent way to generate big financial returns.  In the example below, you can double your investment as soon as the house is habitable, & then, you have the fantastic growth that is Romania, over the coming years. There is no stamp duty here also, so you can sell at any time. Tax ranges from 3% if sold within 3 years, to 1% if sold after. Check the most recent legislation on our Legal page, or your preferred Notary for the most up to date facts on this.

An excellent return, considering that the breakdown includes all costs & some contingency allowance.