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Bucharest is the capital city of Romania with more than 4 millions inhabitants. It is the industrial and commercial center and is located in the southeast of Romania close to the Danube, the biggest Europe's river. It benefits from a well developed transport system. Bucharest dates back to around 1200 and it became the state capital of Romania in 1862, which marks the start of the modern Romania. Today Bucharest is without any doubt the center of the Romanian economy, politics, mass media, culture and the arts. Its eclectic architecture and well priced property are making this one of the best emerging overseas property markets. Particularly the north of the capital is best suited for property development and investment especially with the upcoming of the main national Bucharest-Brasov motorway, the second ring-road and the expansion of the Greater Metropolitan area in the north. Since January 2007 Romania entered the EU, boosting investment in property among which the Bucharest north part is expected to benefits mostly. |
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