According to the draft, until August 1, 2026, a reduced VAT rate of 9% will apply to the delivery of housing units with a usable area of no more than 120 sqm (excluding ancillary buildings), whose total value, including the land on which they are built, does not exceed 600,000 lei (excluding VAT). This applies to purchases made by individuals, either individually or jointly with other individuals, if, by August 1, 2025, they have concluded legal agreements between living persons that involve an advance payment for the purchase of such housing.
„An individual who has not purchased, starting January 1, 2023, a housing unit benefiting from the reduced VAT rate, other than those provided under Article III, paragraph (1), letter a) of Government Ordinance no. 16/2022 on the amendment and completion of Law no. 227/2015 on the Fiscal Code, the repeal of certain normative acts, and other financial-fiscal measures, approved with a...