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How to buy Agricultural Land in Romania |
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Have you tried but failed to find large surfaces of farmland for sale at a reasonable price in Romania? Please read on in any case... |
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The amount of agricultural land available for purchase in Romania today probably totals around 500 000 hectares. Yet it is virtually impossible to find large parcels of farmland for sale in Romania. |
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According to tradition, Romanian owners have been dividing their property into equal shares between their heirs. Today, a multitude of small surfaces ranging between 0.1 ha and 10 ha result from so many divisions, generation after generation. Larger surfaces are quite rare. |
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Rest assured, it is possible to acquire large surfaces: 1/ Through a process called "comasare" in Romanian. It signifies the regroupment (or consolidation) of many small plots of land into one larger surfaces. 2/ By purchase of land already consolidated. Real offers are rare, and more expensive when they exist. On the other hand, these properties can be purchased within a very short time frame (if and when real offers exist). |
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To consolidate a surface of 1000 hectares for example, you may have to purchase the properties of 500 to 900 separate owners. The procedure can last a few months, depending on the number of sellers involved and their availability to go sign the documents at the notary's office. The buyer, or an agent of the buyer, must remain available to make payment each time a plot is purchased. |
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How it works: First we identify consolidation zones offering the desired surface potential and other buyer-defined criteria. Then, we setup the operation in collaboration with the local authorities, and start buying the plots. Efforts to regroup the purchased plots into larger surfaces are carried out on a continual basis right from the begining. This is done making exchanges. At the end of the operation, any isolated plots which cannot be regrouped or exchanged can be rented out or resold for profit. |
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Substantial added value: Once consolidated, the value of your farmland will have instantly increased by at 50%. If you wish, you may opt to sell part of the land to reimburse your acquisition cost. |
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Why go through all of this trouble just to buy farmland? In western Europe, acquiring any surface of farmland can be an administrative hassle (to say the least), more expensive, and large surfaces can be difficult to find. Romanian agricultural legislation is more flexible. European subventions are another reason: 50% of the investments made on equipement, buldings, or modernisation of an agricultural operation is paid by SAPPARD funds, + a subvention of 100€ per hectare per year (for cereals, different amounts for different types of crops). |
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Why employ the services of Globalcom? - Our land acquisition and regroupment methods are well proven by experiance, are optimised by our extensive experience in this field. - Your land will not cost more if Globalcom handles the acquisition, probably less, all costs included. - The peace of mind knowing that a serious teal controls all aspects and speciallised agency is controling all aspects of acquisition and consolidation of your land, in the most efficient way possible. - The fact that Globalcom remains present in the zone during the entire consolidation period, in order to be available to make purchases in your name on a daily basis. |
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