Residential property prices in Moldova’s capital, Chisinau, are rising, on the basis of Moldova’s economic growth. The past few years have seen a house price explosion, which was due to increased demand from foreign investors and higher remittances from Gastarbeiters (foreign workers in Germany) combined with lack of supply.
Chisinau is the country’s political, economic, and cultural capital. It is the only city in Moldova with reasonable living conditions for expatriates. Many houses are built specially for rental. The city’s prime residential area is in its western section: Buiucani, the City Centre, and Botanica. There are no restrictions on foreigners buying properties in Moldova, except for agricultural land.
Standard Tenancy: Minimum 1 (one) year, up to 3 years in duration.
Security Deposit: Yes, the equivalent of up to two month’s rent.
Real Estate Commission: Paid by the landlord, typically 50% of one month’s rent.
Utilities: The utilities are not included in the rent. They are paid by the tenant, based on monthly invoices.