Quote:
Originally Posted by kevin
Hi everyone,
I was just wondering if anyone had the heads up on what the outlook is for investing in Romanian property?
Are there any areas to target or steer clear of and are you aware of any budget airlines that fly out there?
It seems the developers haven't been over in force and saturated the market yet, would I be right?
Also, how long on average does it take for a sale to go through?
Thank you very much.
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Romania is still a very good market to invest in. but not all the areas. some of the areas are over developed and the prices ar high. You have to concentrate near the big cities and black sea coast. I'am a Roumanian and along with my goodfather we have invested over 20 mil euro in this market and it still generate medium to high returns. Ofcourse he invested the money but i did all the work. and belive me is hard as a Roumanian to find the real oportunities on the market.
there are several companies that fly here.
i dont know if you been here but i ashore u will be susprised what u find here
So if you look carefully for good opportunities