Prices rising in Romania

Property prices in Romania are rising steadily at the moment, providing investors with an attractive location in which to consider purchasing, it has been claimed.

Damien Thiery, a local market expert, noted that the statistics from the previous two years show that in some areas, prices have doubled, reports NuWireInvestor.

It is likely to be of interest to those looking for overseas property that specialists believe that the market is likely to continue expanding in this way for the next five to ten years.

Mr Thiery commented: "Despite the continuous rise of the prices of real estate properties, the market in Romania offers still the most attractive investment opportunities among all other countries in the EU."

The 150-mile Black Sea coast may offer attractive possibilities to buyers, while those looking for an investment that may require a bit of work could look into the Transylvanian countryside for an acquisition.

Standard & Poor's has listed Romania as one of its up and coming frontier markets in which investment could yield a strong return.

Visit our off-plan property Romania page.