observatornews.ro/economic/cati-bani-vei-da-pe-imp

In 2027, property taxes in Romania may increase significantly based on real estate value rather than size. This change could lead to drastic tax hikes for older homes in prime locations. The Finance Minister indicated that the new tax calculation will not be implemented until at least 2027 due to technical issues. Currently, taxes are based on property size and construction materials, often undervaluing older homes in expensive areas. For example, a centrally located 150-square-meter house could see its tax rise from 1,000 to 27,500 lei annually. Experts warn that homeowners may need to sell their properties due to these increases, and they advocate for differentiated tax rates for primary residences versus investment properties.