Buying a Property in Romania – Real Estate Law in Romania

If you are looking to buy a holiday or second home or invest in Romania, Transylvania or at the Black Sea and you are a foreign citizen/investor, there are few aspects you should know about the procedure an the costs for the acquisition of Romanian land or Romanian houses. After 2012, foreign citizens EU citizens …

Cider Making Process

Cider for me is the best alcoholic beverage, from when I was sipping a shared bottle of white lightning in the local park (we’ve all done it) to enjoying a cold one at the pub during the summer months it always has had the same refreshing, relaxing and rejuvenating effect. My appreciation of this beverage …

Overcapitalisation – Why Cost Does Not Equal Value?

If you are unaware of the real estate terminologies then you might be wondering what overcapitalisation is. Basically, overcapitalisation refers to an overspend on construction or renovation costs which means the actual cost of a construction/renovation of the property is superior to its real market value. Overcapitalisation is also considered as asset inflation. Confused? Let’s …

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