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Romania 'remains good value'

Article Date : 05 February 2009       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Romania 'remains good value'

Romania is one eastern European holiday destination that may see an influx of visitors due to the current strength of the euro, it has been suggested.

According to Skyscanner, the country is among a group of locations that remain good value despite the falling value of sterling in the eurozone.

The website explained that Romania is still "relatively cheap" when compared with other destinations, a statement that property investors who have been considering a purchase in the country may welcome.

Head of marketing at Skyscanner Rob Innes noted that while the pound has been "severely hammered" by the euro, affordable destinations are still available for those that look hard enough, adding: "Don't rule out the eurozone quite yet."

According to Romanian newspaper Gandul, property prices in the country are set to drop by as much as 60 per cent, with real estate firm DTZ Echinoz expecting falls of up to 30 per cent in the luxury sector.

Tags: real estate, Romania
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