Quote:
Originally Posted by andreim73
Dear sun321 (I hope this is not your name…or?)
Why are you misleading the readers of this forum? Before investing in Lavia, had you made any enquiry? Or you invested because of any nice lady around? I know very well how it works…sorry, I don’t want to be rude, but I am Romanian and I travelled all over Europe. I lived also in other countries as well as Italy, Czech Republic, etc.
I have also a large flat completed renovated in an “old communist” block as you say, built in 1978…due to the fact Romania has encountered several earthquakes over time, all the buildings are strong and full of concrete & steel.
I also have villas and other flat in Brasov.
Don’t forget there are tens of new developments, built by well known international companies. I wouldn’t insist too much here…if you are interested, check the following website…triplew.intnet.ro
Cheers
Andrei
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I'm not misleading anyone all the things mentioned in my previous post were facts. New developments are something different ofcourse, but here in latvia it has also been reported in the news papers that apartments in soviet era buildings are depreciating in value, some say they will depreciate by as much as 20%. So my advice is buy apartments in new developments. I do not own an apartment in a soviet building I bought one in a pre-war building these buildings have a lot more character and were built to last. The soviet era buildings are horrible looking and potentially dangerous the only reason they havnt been demolished is because the government does not have the money to build free housing to replace these existing apartment blocks. By the way I knew all about latvia before I invested, my family has 400 years of history here.