Greetings, my name is Sergey. I work in real estate agency, Kishinev capital of Moldova.
Demand for the real estate from foreign citizens grows and on it I on this site.

It is a little about our country. Our country Moldova is between two countries (Ukraine and Romania), the second country has more recently entered the European union.

Still I wish to find new friends. I wish to discuss with professionals the reason
of a rise in prices for the real estate, in the different countries.

I like my job and it is interesting for me to observe changes in the real estate market.
For an example, since 2005 on 2007 real estate has increased in the price for 50 %.
And than above the price for the real estate that above consumer demand.

I think it is connected with the future introduction of our country into the European Union, and a geographical arrangement of Moldova concerning the next states.
It would be good to hear opinion of colleagues.....

Hi,

I agree- I started looking into ukraine, albania and moldova about 6 months !!
Some interesting movements are starting to take place and I think the best is still to come!!

Like you said it is so close to and surrounded by other EU member states and these countries are all in the EU development pipeline plans over the next 5-10 years!!

Take care-D

hi sergey,

i am currently looking for land in kishinev, moldova.

what can you tell me about the kishinev market today?
can you give me some numbers for :

how much do appartments sell for?
how much do office sell / rent for ?
commercial sell / rent?

i heard there is no financing in moldiva - developers sell 'on paper' with 40% deposit - is that true ?

thanks,
Moti

Sergey, Hi.

You are true in your sayings.
I am also in the real estate in Moldova, and I have the best description of Moldova.
Moldova - the Pearl of Eatern Europe!
I have even registred the phrase at the AGEPI.

I know people are amybe a little bit skeptical, but investing NOW in Moldova, si the best thing one can do.
Moldova is for people that lost the boat with Romania.

Hey, maybe we can meet and have some talk, ah?

Take care!

Hi all,

I agree that land will be the BEST INVESTMENT IN MOLDOVA NOW!!!

GO for main cities that will eventually be developed further!

Take care-D

P.S- Does moldova have any ski resort locations aswell???
As that too could be interesting land investments??

Let me give you a little description about Moldova.

If you do not get the visa from the embassy,
You are issued the visa right at the airport. The visa costs about 50 euro.
More then 50% of all transcations on the real estate marketing, especially land operations take place inhere.

As a little introduction, please let me show you our average prices for RE properties :

1 Room appartments (up to 40 m2) - 18.000 - 35.000 euro , depending on location and situation.
2 Room appartments (up to 60 m2) - 33.000 - 50.000 euro , depending on location and situation.
3 Room appartments (up to 80 m2) - 40.000 - 60.000 euro , depending on location and situation.
4 Room appartments (up to 100 m2) - 45.000 - 80.000 euro , depending on location and situation.
5 Room appartments (up to 130 m2) - 50.000 - 90.000 euro , depending on location and situation.

The landlots in Capital of Moldova, vary from 8 to 500 euro per m2, depending on location.

The most wanted type of RE is the land, as it has the biggest growth potential.

Also, there is a very big range of villas and houses that start with 70.000 euros till 1.000.000.

These are average prices, but anytime you can find some bargain deals.

Foreign investors are not allowed to buy agricultural-purpose land, only industrial-building-purpose land.

Moldova is a very strategic place for investors. Moldova real estate market has been growing at the same rate as Ukraine in the last years.
Moldova is the next country targeted to integrate in the EU.
And, I guess you know the romanian example, when in 6-12 months some real estate objects tripled there value.

I hope these prices and information, helped you to make an overall inpression about Moldova RE market.

The thing I think people need to keep in mind about Moldova is it is basically an ex-soviet kleptocracy, a la Belarus, Kazakhstan, Russia, etc.

Engaging in any business activity is not for the faint of heart. The thing about Romania, and one of the reasons it's real estate sector is so vibrant is because it has rule of law. That cannot be underestimated.

I speak Russian, have lived and worked all over the CIS, and would be hesitant to invest any significant amount of money there.

If you do, you MUST personally see the property, involve a reputable lawyer, and do everything through the bank, making sure all tax laws are adheared to (none of this "screw the fisc" stuff the seller will try to talk you into or handing over bundles of cash). I have found that embassy reccomended lawyers tend to be the best bet.

Sounds like good advice Jim - thanks

Hi all,

Excuse for the late answer it I have been connected by that that in holiday.
I became the father

Now I am ready to answer all your questions.

Hi DeeDee1,

I completely with you agree. The European Union capital already has started to be invested In development of our country. Reconstruction of roads is made, money in building is invested. And not only in the capital but also the regional centres. Ours the country gets an image of the European state. I think that it will be interestingly simple to you to arrive and look.

Standardization of our manufacture according to EU standards is made.

The average wages have grown, is final it will not be compared to level in EU.

The question on simplification visa reception to Italy is considered.
Our citizens can receive the visa for a period of three months. In cost 30 euros. Understand that it will involve huge capitals to Moldova.

In other words there will be a same procedure of reception of visas as in Romania.

The truth of the price for the real estate in Moldova are not so high as in EU. And it will last not long

Best regards,

Serghey