It would be good to know exactly how they judged this. Romania will have capital growth. But what about income? what about yields, the costs of borrowing is high etc. I think that this was not a particularly scientific analysis, it would be good to know how it came to be. Even from polling here, people are pretty low probability to buy there. I went to Western City (a rich city) in Timisoara and it was close to terrible. Who makes these programmes. Local people are not going to pay western investors incomes. So who is going to pay the income on rental property. Ok in the center great ski, but very high prices already! It does not make sense. It does not stack up! There is a saying in Romania. All sane romanians have at some point thought of leaving. Only the mad ones stay!! Hey in truth they are a nice lot, but by goodness the country neds a big make over. Changing Rooms have there work cut out for the next 50 years. Also EU money will flow, and in truth I prefer Romania to Bulgaria, but remember for last 30 years Italian and Germans have bought the land up , is no bargain place. Speak to any Romanian. They think is over priced.