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Archive for November, 2006

Opportunities and risks on the Romanian real estate market

In spite of being very close to joining the EU, Romania remains one of the best countries for real estate investments. It may currently appear to be less accessible to individual/private investors, as some of the better deals were already targeted by previous investors (see previous articles), but it still remains a country of […]

Romanian real estate projects attract foreign investors

Spanish, Greeks, English and Italians are the top foreign investors of Romanian residential properties.  For foreigners, the prices of the real estate properties currently under development in Romania are more than reasonable. Over the last year, entire blocks of flats newly built in Bucharest, Brasov or Constanta had been bought by foreign investors, in many […]

Transylvanian villages - a profitable alternative for tourism and retirement.

Have you ever thought how it would feel to be next-door neighbours with Prince Charles? Due to the current property prices in the UK, you are probably looking at saving over a few lifetimes to be able to afford such an investment. What are the alternatives? Probably quite a few, most of them coming again […]

Skyscraper in Bucharest acquired by an UK building society.

Property associations, building societies and banks from UK and wider EU are investing in a wide range of commercial and industrial property opportunities in Romania.  A good example of a large investment was provided in July 2006 by the British building society “European Convergence Property Company”, which bought a 19-stories high building, the Millenium Business Centre, currently […]

Property development projects due to commence in Oradea

Romania has a long way to go to catch up with the other members from the EU in terms of the road infrastructure. One of the ongoing projects, rated amongst the top ones in Europe due to its size, is the Transylvania Motorway, which will link the city of Brasov with Bors, a small town at […]