681
Buying and selling of own real estate
This category covers activities in which a company purchases land or buildings with the aim of reselling them, without providing brokerage services for third parties. In other words, the entrepreneur acts as a real estate investor: acquires properties, possibly develops them (builds or renovates) and then sells them for profit.
Entrepreneur Profile
This CAEN code 681 is intended for entrepreneurs and companies (SRL, PFA) wishing to develop a business focused on buying and selling of own real estate. It is ideal for founders aiming to offer specialized services or products in this economic niche within the Romanian market.
Who should avoid:
Avoid the exclusive use of code 681 if the main activity of your company shifts towards other commercial or related branches not specified in the official description. See the excluded activities section below.
Real Estate Industry in Romania: CAEN 681 - Buying and Selling of Own Real Estate
The real estate industry in Romania has experienced a spectacular evolution in recent years, and the CAEN 681 division, which covers the buying and selling of own real estate, sits at the intersection of private investments and urban development. This niche includes both simple transactions with land and buildings, as well as complex real estate development projects where a company builds on its own land and subsequently sells the resulting units. In a macroeconomic context, activities under CAEN 681 have a significant impact on the supply of housing and commercial spaces, influencing prices and market dynamics. Entrepreneurs active here face challenges related to financing, demand fluctuations, and legislative changes, particularly concerning taxation and the construction authorization regime. Additionally, competition from major developers and institutional investors is fierce, and access to capital and market risk management are essential for success. However, natural resources and the growth potential of secondary cities offer significant opportunities for firms that can identify areas with valorization potential. In conclusion, CAEN 681 represents an important engine of the Romanian economy, and entrepreneurs who adapt their strategies to the current context can benefit from attractive returns, provided they have rigorous financial planning and a deep understanding of the local market.
Included Activities
- ✅ Purchase of land and buildings for resale
- ✅ Sale of own real estate (land, residential, commercial, industrial buildings)
- ✅ Real estate development for sale (construction of buildings on own land, followed by sale)
- ✅ Brokerage for the sale of own properties (without a third-party real estate agency)
Excluded Activities
- ❌ Real estate agency services (brokerage taxation) – NACE class 683
- ❌ Construction of buildings for operation (rental) – NACE class 682
- ❌ Management of real estate on a commission basis – NACE class 683
- ❌ Real estate development activities on own account but without sale (e.g., own rental) – NACE class 682
Similar or Related CAEN Codes:
From the same category of economic activities:
Întrebări Frecvente
What type of companies can use CAEN code 681?
Any legal entity in Romania (SRL, PFA, Individual Enterprise) performing activities related to "buying and selling of own real estate" is required to have this code authorized in its articles of incorporation or at the Trade Register.
Are special permits required for CAEN 681?
The need for permits depends on the exact nature of the operations carried out under class 681. Some activities require authorizations from DSV, Environment, or Occupational Safety, while others can be conducted solely based on the self-declaration at incorporation.