CECAEN Rev 3
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Sections Correlation Guide About the Project Contact
Division 68

Real estate transactions

This division includes activities related to the buying, selling, renting and management of real estate, whether owned or on a commission basis. Real estate agents and property managers find the appropriate codes here.

Included Activities & Applicability

  • ✅ Acquiring
  • ✅ selling and renting of own real estate Intermediation in buying
  • ✅ selling and renting of real estate Property management on a fee or contract basis Real estate appraisal

Excluded Activities & Restrictions

  • ❌ Construction of buildings (code 41)
  • ❌ Real estate development (code 41)
  • ❌ Hotels and other accommodation facilities (code 55)
  • ❌ Architecture and engineering activities (code 71)

Subordinate Structure

681 Buying and selling of own real estate
→
6811 Buying and selling of own real estate
→
6812 Real estate development (promotion)
→
682 Renting of own real estate
→
6820 Renting and subletting of own or leased real estate properties
→
683 Real estate intermediation
→
6831 Real estate transaction intermediation services
→
6832 Other activities for real estate transactions on a fee or contract basis
→

Detailed Analysis & Commercial Insights

CAEN Division 68 covers an essential segment of the economy: real estate transactions. In Romania, this industry experienced accelerated development after joining the European Union, becoming a barometer of the population's financial health and an important driver of GDP. From simple property exchanges to complex intermediation and management operations, the real estate sector attracts significant investments, both domestic and foreign. The growth of urbanization, the expansion of the middle class, and the need for modern housing have fueled constant demand for real estate services. However, the market is not without challenges: interest rate fluctuations, legislative uncertainty, and bureaucracy can slow down transactions. Entrepreneurs in this field must be well-informed, understand macroeconomic trends, and provide trustworthy services. Moreover, transparency and professionalism are crucial to retaining clients in a competitive environment. Although Division 68 focuses on intermediation and management, without including construction, it frequently intersects with real estate developers, banks, and local authorities. Overall, the real estate transaction sector in Romania remains a pillar of the economy, with solid long-term growth prospects, stimulated by digitalization and the need for efficiency in asset management.