Romania · ROU · snapshot 2026-10-06
Romania
Measured
Currency movement
Not measured
The European Central Bank publishes no euro reference rate for this currency, so there is no twelve-month entry window to state. That is a fact about the series, not about the market.
Foreign-buyer rules
1 of 1 published rules apply
These are the restrictions a foreign buyer meets before price is even discussed — approval regimes, surcharges, ownership limits.
What it does not show. It is not a completeness claim. A rule we have not read is not a rule that does not exist, and this row counts what is cited, not what is in force.
Cost of money
6.5%
The price of money to banks in this jurisdiction, which sets the floor everything else is priced from.
What it does not show. It is emphatically not a mortgage quote. What a non-resident is offered is a different number, usually much higher, and the gap between them is where a market's financing story actually lives.
Supply against absorption
Not measured
No statistics agency for this market has been read and cleared for republication.
Residential price cycle
94.8 against a 2015 base of 100
House prices have risen more slowly than consumer prices since 2015, or fallen — the market is below its own inflation-adjusted level of that year.
What it does not show. It is a position, not a direction, and it is not a valuation. Deflating by consumer prices says nothing about what the asset yields or what credit costs, and a market can sit above its 2015 level for years without that meaning anything is due.
Valuation against its own history
Not measured
The OECD house-price dataset does not carry this territory, so there is no ratio to state. The dataset covers its members and a set of partner economies, and most of the world is in neither.
On the market now
Not measured
No listings platform has been read for this market. The one platform this site can read covers Russian cities only, and inventing a count for anywhere else would be worse than an empty row.
No dossier has been written for this market yet. What follows is the measured layers and the rules, each with its source — not an argument about whether to be here. A market reaches this page as soon as two layers can be cited, because an unwritten thesis is a reason to publish less, not a reason to publish nothing.
The series behind those figures, and the workings
Cost of money
6.5%
Central bank policy rate, 2026-08. Source: Bank for International Settlements.
This is the price of money to banks, not the price of money to a non-resident buying a building. The gap between those two is where a market’s financing story actually lives, and it is not in this number. A mortgage quote for a foreign buyer depends on the lender, the asset and the borrower, and no public dataset carries it.
BIS terms permit this figure on a free page and state that nothing in their statistics constitutes investment advice. They also allow inclusion in a commercial product only where it adds no charge, so this series is published here and is not priced into any paid work.
Background
Annual national statistics from the World Bank, under a licence that permits reuse with attribution. They describe the country; they do not time an entry, and they are not counted as measurements of this market — otherwise every territory on earth would claim to be measured on the strength of one dataset.
| Indicator | Value | Year |
|---|---|---|
| GDP per capita | 22,538 US$ | 2025 |
| Consumer price inflation | 7.2 % | 2025 |
| Population | 19,020,271 | 2025 |
| Urban population | 52.2 % of total | 2025 |
| Official exchange rate | 4.4705 per US$ | 2025 |
What the rules do to a foreign buyer
Each entry cites the instrument and the authority page it was read from, with the date it was retrieved. Facts of law change; the retrieval date is how you know how old this reading is.
| Topic | How it fails you | In force | When it bites | Applies to | What applies | Instrument | Read on |
|---|---|---|---|---|---|---|---|
| A foreign individual's land title needs the EU or treaty basis | Not allowedMoney does not open it | In forceNot stated by the source | On the way in | Land onlyYour passport | Romania's Constitution allows foreign citizens and stateless persons to acquire private land ownership only through EU-accession conditions or another treaty binding Romania, on reciprocity and organic-law terms, or through lawful inheritance. A purchase outside those gateways cannot rely on a general property right. The provision concerns land and natural persons; it does not determine foreign-company eligibility or whether a separately owned building carries an acquirable land share. No buyer-specific treaty entitlement is established. The cited source is the EU Fundamental Rights Agency's reproduction of Article 44(2); implementing-law and registry checks remain open. | Constitution of Romania, Article 44(2), as reproduced in the EU Agency for Fundamental Rights legal reference. | 2026-09-06 |
What is missing, and why
currency — Source does not cover this market
The dataset simply does not include this territory. Absent, not zero.
The European Central Bank publishes no euro reference rate for this currency, so there is no twelve-month entry window to state. That is a fact about the series, not about the market.
supply — Source does not cover this market
The dataset simply does not include this territory. Absent, not zero.
No statistics agency for this market has been read and cleared for republication.
What supports this, what would make it wrong, and how it could go
Record
| Why this market is on the list | Added the day the OECD licence was cleared. Two layers already covered it from confirmed sources — the BIS policy rate for the cost of money and the OECD house-price ratios for valuation against its own history — and neither needed a fetch, a connector, or a line of code; the second had been archived and withheld since the first snapshot. The euro reference rate does not carry this currency, so there is no entry-window figure here. The friction layer was opened on 2026-09-06 from the official EU Fundamental Rights Agency reproduction of Constitution Article 44(2). The domestic implementing statute could not be retrieved in full, so foreign-company and specific treaty access remain unresolved. |
|---|---|
| Dossier | None written. Layers and rules only, which is why this market reads as “Measured” rather than reviewed. |
| Next review | 2026-11-15 |
| Evidence snapshot | 2026-10-06 |