In this study the results of simultaneous measurements of dynamic viscosity, thermal conductivity, electrical conductivity and pH of two nanofluids, i.e., thermal oil/Al2O3and thermal oil/TiO2are presented. Thermal oil is selected as a base liquid because of possible application in ORC systems as an intermediate heating agent. Nanoparticles were tested at the concentration of 0.1%, 1%, and 5% by weight within temperature range from 20°C to 60°C. Measurement devices were carefully calibrated by comparison obtained results for pure base liquid (thermal oil) with manufacturer’s data. The results obtained for tested nanofluids were compared with predictions made by use of existing models for liquid/solid particles mixtures.