CECAEN Rev 3
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Sections Correlation Guide About the Project Contact
Group 682

Renting of own real estate

This category includes renting out one's own properties (apartments, houses, offices, land) without providing brokerage services. Basically, if you own a space and lease it for a longer period, your main activity falls here. It does not include selling properties or hotel services.

Included Activities & Applicability

  • ✅ Renting and operating of own or leased real estate
  • ✅ such as buildings
  • ✅ apartments
  • ✅ commercial spaces and land. Subletting of real estate. Management of real estate on own behalf.

Excluded Activities & Restrictions

  • ❌ Real estate development (construction and sale of buildings) belongs to Division 41. Activities of real estate agencies (brokerage) classified under 6831. Management of real estate on a contract basis (facility management) classified under 6832. Renting of machinery and equipment
  • ❌ classified under Division 77. Hotels and short-stay accommodation
  • ❌ classified under Division 55.

Subordinate Structure

6820 Renting and subletting of own or leased real estate properties
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Detailed Analysis & Commercial Insights

Renting and subletting own real estate

Renting and subletting own real estate is an essential component of the Romanian real estate market, offering both individuals and companies the opportunity to capitalize on real estate assets without selling them. This sector, coded CAEN 682, focuses on generating passive income from rents, covering a wide range of properties: from residential apartments and single-family houses to commercial spaces, offices, and agricultural or industrial land. Macro-economically, this activity contributes to the stability of the real estate market, providing liquidity and flexibility to both owners and tenants, and stimulates investments in construction and renovations. In the current context, the rental market has seen steady growth, especially in major cities like Bucharest, Cluj-Napoca, or Timișoara, due to labor migration and increased demand for living spaces. Key factors include the attractive return on real estate investments compared to other financial assets, but also associated risks such as demand fluctuations, tax regulations, and eviction procedures. Entrepreneurs operating in this niche face challenges related to managing tenant relationships, property maintenance, and adapting to new regulations, such as registration obligations in the e-Factura system or income declaration. Likewise, competition from short-term rental platforms, such as Airbnb, has created a complex dynamic, pushing owners to choose between short-term profitability and the stability of long-term contracts. Despite these challenges, renting own real estate remains a profitable and accessible activity with significant development potential, especially in the context of accelerated urbanization and the shortage of affordable housing. To succeed, entrepreneurs need a clear strategy for setting rents, know the local market, and offer well-maintained properties while complying with tax and legal obligations.