About us · Bucharest, since 2012

14 years of real estate in the heart of Bucharest

GalDan is a Romanian company under Israeli ownership, founded in 2012 by Gal and Dan Gashri. We source, buy, renovate, furnish and manage apartments in central Bucharest, with an in-house operation covering property management, design, renovation, legal and finance.

Since then we have bought, renovated, rented or sold more than 600 apartments in the city center, and we manage €90M in assets for more than 200 investors and 1,000 tenants.

Our story
As featured in:TheMarkerGlobes
GalDan apartment, Bucharest

GalDan in numbers

+600
Apartments bought, renovated, rented or sold
+200
Investors
€90M
Value of assets under management
+1,000
Tenants in managed properties
+14
Years of continuous activity in Bucharest
50
Permanent renovation staff on site
30
Staff members
GalDan staff
The GalDan staff

A local team on the ground every day

GalDan was founded by Gal and Dan Gashri, who moved to Bucharest in 2012 and turned their knowledge of the local market into a profession. Around them grew a team of real estate, legal, architecture, renovation and leasing professionals.

Dan Gashri

Owner

Gal Gashri Alon

Owner

Dor Hochberg, CPA

CEO

Ron Mitchnick, Adv.

COO

Amram Ben Harush, Eng.

Company engineer

Nivin Turk, Pract. Eng.

Head of design

Ana Tepeș

Procurement & HR manager

Mariuca Onofrei

Tenant relations manager

Elena Borșa, CPA

Accounting manager

Andreea Pană

Sales manager

Ana Maria Oprea

Investor relations manager

Our experience

From 30 apartments and 2 employees to a company managing €90M

2012
Founded
First year of activity · 30 apartments · 2 employees
2014
Growth
Fully independent operation, no outside contractors · 150 apartments · 15 employees
2020
COVID-19
Continuous operation throughout the crisis
2022
Inflation
Rising energy and construction costs contained through in-house execution and procurement
2025
Resilience
Strategic partnerships with Israeli funds and business people
2026
Leadership
1,000+ tenants · €90M in assets · 600+ apartments
Why GalDan

A real partnership: we are the owners, not brokers

01

Company-owned properties

Apartments are offered directly by GalDan, with no chain of brokers between the company and the investor.

02

Local team in Bucharest

Israeli and local professionals handling purchase, renovation, leasing, maintenance and management.

03

Registered in the investor’s name

The property is registered directly in the investor’s name in the land registry within 45 days of closing.

04

Support from Israel too

A physical presence in both Israel and Bucharest. Meetings can be held in Israel, in Bucharest or on Zoom.

Our property gallery

The GalDan renovation standard

Every property goes through a complete, precise upgrade process: from planning and space layout, through comprehensive renovation and infrastructure replacement, to full furnishing and design tailored to the target tenants.

The renovation takes about 6 months and is a central part of the upgrade. As needed, it includes replacing electrical and plumbing systems, air conditioning, windows, flooring and doors. Every stage is planned and carried out with one goal: to realize the property’s potential, increase its value and create a quality asset that generates stable income for years.

2 years Full warranty on renovation and infrastructure

Fully furnished

Carefully furnished and equipped, from electronics down to the cutlery.

Design

Modern flooring, cladding and lighting for an upscale, inviting look.

Kitchen

A new, well-designed kitchen in custom joinery.

Infrastructure

Critical systems such as electrical and plumbing replaced entirely.

Our apartment locations

What the price includes

The price covers every part of the deal

Property price
Full renovation
Furniture and equipment
Purchase and related costs
Purchase tax
Registration support
Preparing the apartment for rent
Finding tenants
First two years of management free
Two-year warranty on renovation work
Why central Bucharest

Romania's economic and business hub

Studio apartment prices in Eastern European capitals

As of January 2026

Bucharest
€100,000
Sofia
€130,000
Budapest
€170,000
Warsaw
€250,000
Prague
€300,000

Bucharest housing prices have significant appreciation potential, alongside strong rental demand from a high-quality tenant base.

8%
Tax on rental income, regardless of income level or number of apartments
0%
VAT on GalDan apartments (new builds: 21%)
6%–7%
Average annual appreciation in major cities
€120K
Minimum investment
2.5h
Direct flight from Israel, daily service
EU
EU member (2007) and NATO member (2004)

Central, in-demand location

A short walk to employment, study, retail, culture and transport, creating steady rental demand.

Demand for renovated apartments

Central housing stock is mostly older buildings, so a renovated, furnished apartment stands out and rents faster.

Limited supply in the center

New construction in the historic center is restricted, so most opportunities come from buying and upgrading existing properties.

Urban renewal

The center benefits from building restoration, upgraded streets and public spaces, and the arrival of businesses, restaurants, hotels and international brands.

The purchase process

From first call to rental income

1

Intro call

We learn your investment goals, budget and preferences.

2

Choosing a property

We present available apartments that match your budget and goals.

3

Signing and registration

You sign an agreement and powers of attorney in Hebrew, then we register the property directly in your name within 45 days of closing.

4

Renovation and furnishing

The GalDan team carries out renovation, design and rental preparation.

5

Finding a tenant

Once the apartment is ready, we find a suitable tenant and finalize the lease.

6

Property management

We handle collection, maintenance, repairs and tenant relations, and transfer the rent directly to your bank account.

With us: security, transparency, stability

✓A clear agreement in Hebrew – full legal understanding with no language gaps.
✓Ownership transfer within 45 days – full registration in your name.
✓Our management fee is based on actual rent – if the property isn’t rented, we don’t earn.

Investor-advisory and classic brokerage models

✗The broker/advisor earns a commission at purchase and the relationship ends.
✗No responsibility for the property’s performance, rent or future maintenance.
✗Potential conflict of interest.
Investors say

200+ satisfied investors

“The return I get in Bucharest is significantly higher than on a comparable apartment in Israel. The management company is on the ground and handles day-to-day management. Having the property registered in my name gives me security and peace of mind.”

Jonathan
Jerusalem

“Beyond their deep understanding of the local market, Gal and Dan conveyed integrity and transparency from the very first meeting. They patiently answered every question, and this is one of the investments I’m happiest with.”

Dor
Tel Aviv

“I’ve known GalDan for many years. They made investing in real estate abroad simple and accessible, and thanks to their professionalism and support I didn’t stop at one apartment.”

Samah
Ra'anana

“Their service and problem-solving let me sleep well at night. The purchase process was convenient and transparent, and the attention to detail in the apartments is very impressive.”

Matan
Ra'anana
FAQ

Everything you wanted to know

You can invest from €120,000. On the intro call we’ll present available apartments within your budget.

The property is registered in the Romanian land registry in the investor’s name.

The price includes the property, renovation, furniture and equipment, and the related costs detailed in the offer you receive before signing.

It depends on the apartment’s condition and the scope of work. For some properties it can take up to six months.

No. The process can be completed with translated, notarized powers of attorney, supported by our teams in Israel and Romania.

Once the apartment is rented, rent is transferred to the investor according to the agreement. The management team handles collection and tenant relations.

Finding tenants, preparing leases, collection, tenant support, maintenance, repairs and ongoing care of the property.

The GalDan team markets the property and looks for a suitable tenant. Yield and rent are not guaranteed and depend on the property, market conditions and actual occupancy.

At GalDan‘s office in Ra’anana, at our offices in Bucharest, or on Zoom.

Want to see the available apartments?

Leave your details or message us on WhatsApp and a GalDan representative will get back to you, present the available properties and explain the purchase process, deal structure and ongoing management. The first meeting is free and without obligation.

✓ Free intro call
✓ Support from both Israel and Romania
✓ Your details are stored securely

Let's talk about your investment

Chat with us on WhatsApp +40 774 138 785Your details are stored securely and used only to contact you.

Offices
Bucharest: Nicolae Iorga 1, Palace Ghica Victoria, 010431 București
Ra’anana: HaTidhar 5, ROOMS

Chat on WhatsApp

Contact
+40774138785
WhatsApp support in Hebrew and English
info@galdanapt.com

The information on this page is for general information only and does not constitute investment advice or a guarantee of returns. The yield shown is the gross annual yield on the properties offered and may vary with the property, expenses, occupancy periods and market conditions.