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Old 29-10-2007, 01:21 AM
David howe David howe is offline
Senior Member
 
Join Date: Oct 2007
Posts: 151
Default Investment Romania

Dear DR

The above information is farcial in relation to rental returns. 3-4 years ago returns like this were achievable on comercial properties when Romania was deemed high risk. This is no longer achievable in any way or form. Romanian's are highly intelligent and now more about investing here than the vast majority of forigners. If you return 5% on these properties mentioned you will be doing very well. Also, Tunari is 20 minutes for the center of Bucharest by helicopter including take off and touch down. You will not do the center in 20 minutes by car between 7 am and 10 pm, after this maybe at high speed it might be achievable, but unlikely.

As for the straight forward buying process I am curious if this is an investment you are making and one you have thought through. Have you been instructed as to the straight forward fiscal liabilities of your purchase?

There seems to be a strong push on this site to sell Tunari which is fine if the facts are correct. Personally speaking I find them grossly exagerated from an investment perspective. there are currently so many investment funds in Romania trying to buy up investments that such opportunity would not be left available
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