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Red Bank Approves 9-Cent Property Tax Increase On 1st Reading

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The property tax will be higher than 1 January 2026, given that it will be calculated according to the market value of the dwelling and not by the one it has been registered on the first, unupdated, in many cases, for years.

·Romania
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As of 1 January, the property tax will be higher, because it will be calculated according to the value of the housing market and not from the old one, registered at the beginning and not updated for years.

·Bucharest, Romania
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chattanoogan.com broke the news in on Thursday, July 17, 2025.
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