Immense demand and short supply in many sought-after city and tourist locations helps make real estate in Romania a viable option for shrewd investors.
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Since EU accession, Romania has opened itself up to dramatic growth and optimism, attracting overwhelming interest from overseas investors. According to the Romanian Agency for Foreign Investment (ARIS), foreign investment from January to April 2008 increased by over 100%, compared to the same period in 2007, making Romania one of the main recipients of foreign direct investment in all of Eastern Europe.
A major identifying feature of investment in Romanian real estate is that prices are still very low and growth potential is guaranteed by overwhelming demand for property in the nation’s prime locations. Easy access to mortgage products in Romania means overseas buyers are enjoying their low interest terms, while the ever-increasing affluence of the local population indicates that property is now more affordable than ever before.
Early investors in Romanian property are making the most of low European prices which, inevitably will increase as the country advances. With GDP growth still at a respectable 5.5% in the first quarter of 2008, despite the current global crisis, and national figures reflecting annual growth in foreign investment and tourist arrivals, today’s real estate investors are taking a close look at Romania.
Propertyshowrooms.com offer members a comprehensive source of information regarding the newest land investment deals available in Romania, before they become common knowledge.
Members will be offered valuable assistance and contacts in the setting up of joint ventures within our network of carefully vetted developers or partners. Due to a recent increase in worldwide property investment, Propertyshowrooms.com constantly make contact with a growing number of large scale individual investors and investment consortiums who constantly search for the best land investment options in Romania.
Since EU inclusion in January 2007, international investors, including construction companies, are expanding their activities to Romania bringing with them world-class construction projects and new jobs, particularly in new infrastructure projects. This is having an obvious positive impact on the economy as a whole, boosted by the fact that Romania’s tourism Master Plan of 2007 now aims to achieve an annual target of 10 million visitors by 2016.
There is clearly an immense under-supply of property to cater for the growth Romania is currently undergoing in both the commercial and tourism sectors and real estate investors are spurred on by the great potential of this relatively new EU nation.
We have done the research to enable you to source useful information and articles on Romania how its investment properties can be assets to your investment portfolio.
The advantages of investing in Romania and what makes it a unique property market.
Discover why off-plan property in Romania is such a beneficial investment vehicle to shrewd investors.
Learn about different property investment strategies that can be used to generate wealth in Romania.
Choosing the best financing mechanism plays a pivotal role in your property investment in Romania. Find out the options available to you here.
What about the tax implications surrounding your Romanian property investment? Find out more here.
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This section enlightens you on why Romania is a popular option amongst many property investors. Find out here what fuels the property market and review information that will help you understand how it will be sustained in the future.