The revolution of 1989 opened Romania up to the world after years of oppressive government, but the following decade was not very kind to the land economically. Near collapses and many failings by those in charge saw the economy stagnate and national debt increase. New government incentives around the year 2000 turned fortunes around, and the country has experienced steady growth and reduction of deficit since – as a result, the property market for foreign off plan investors has increased dramatically.

The Communist regime that was in charge for so long meant that Romanian citizens were not allowed to own property or land, but the revolution and subsequent turnaround of the country meant the people inherited their homes and were allowed to purchase land and property. A law was passed in 1998 allowing foreigners to purchase plots of land (after setting up a company), which meant foreign investment in developments and off plan properties took off at a fantastic rate. Recent law changes have meant it is now easier than ever for foreigners to purchase property, as they can do so as private individuals.

As part of a former Communist state, Romania is prone to the same pitfalls as any other former Soviet country – all land titles should be checked in detail by more than one independent party to ensure legality of ownership, as reclamations can be lost and confused over time.