A handy overseas property guide for anyone interested in buying property abroad in the emerging market of Romania. Plus, search for property in Romania.
Romania is a country in south-east Europe and is home to over 22 million people. Bordered by Hungary and Serbia to the west, Ukraine and the Republic of Moldova to the north-east, and Bulgaria to the south, the country has recently begun to attract people looking for second and holiday homes.
At the moment there are 3 major areas of interest for investment in Romania. They are: the Black Sea coast, the mountain region, especially city of Brasov and its surroundings and the Capital Bucharest. These are the most buoyant parts able to give returns of more than 30% annually on your capital investment.
Romdeals Property through its local knowledge and connections established at all levels in industry and the local Governments is capitalising on this interest by running major property investments projects on all these different locations. To date we are running successfully our second apartment project in Costinesti, on the Black Sea coast. We have also just announced a new apartment project in Brasov. We also have exceptional land offers in Bucharest with a series of residential projects to be launched in 2008.