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posted by Michael J Beckerman
20 Oct ’09, 3:13 pm
Most experts agree that Romania still offers the best investment opportunities in Europe, and second only to Brazil internationally. The exception is in the big commercial development sector, due to the banking situation, but for the small private investor the possibilities still sound too good to be true, but are. Why? Areas like Tranyslvania have not caught the Bucharest fever, and although increasing in value every year, land and village houses are still not only affordable, but wonderful places to holiday or live. Rural communities have no history of bank loans, so are only mildly affected by global matters, and the sales of reclaimed land is releasing cash for owners to relocate, so the market is active. A village house, fully modernised, with land, in a tranqil setting can be completed for the cost of an extension to a UK house! It is still the place to look, and much of the country is undiscovered sheer beauty.
Kind Regards,
Michael J Beckerman
Director
Romtrade Consult SRL
www.romtradeconsult.com
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- Romanian Real Estate - Michael J Beckerman, 20 Oct ’09, 3:13 pm
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