|
Massive Potential to Profit from Real Estate Investment in Romania
According to a recent report released in the UK about which
European property markets have the greatest potential for growth
and profit over the coming decade, Romania topped the lot.
Romania, located in southeastern Europe, is a nation poised on
the brink of full European Union membership and one benefiting
from substantial foreign direct investment and economic
advancement as a result. According to the report these facts
mean that over the coming decade the housing market in Romania
will likely go from strength to strength and anyone who invests
before EU membership is cemented could net up to 400% profit on
their investment in the next ten years.
The report was based on an economic assessment and overview of
each country in Europe and included analysis of the room for
growth within each country's real estate sector. Because
property prices in Romania start from as little as twenty
thousand US dollars, the room for property price expansion is
clear. The low starting prices for real estate in Romania also
mean that its property sector is already attracting substantial
international real estate investor interest.
Investors from all backgrounds are attracted to Romania - those
with a small sum of money to invest are looking to make
immediate gains from buying apartments in Bucharest
pre-construction which can be purchased by stage payment and
profited from upon completion when investors are flipping the
real estate right back into the market. Those with more
substantial sums of money to invest are generally drawn to
either the commercial property sector in Bucharest or Romania's
burgeoning tourism market.
Opportunities in Romania's tourism market exist along the
country's stunning and as yet undeveloped 225km of Black Sea
coastline and also in Romania's quality but as yet little known
winter sport resorts. Accommodation in these locations is
required to let out to tourists and a growing number of British,
Russian and eastern European citizens are also seeking second
homes in these areas of Romania as well, with most preferring to
purchase established but well renovated properties.
Other opportunities exist in the form of fairytale properties
for sale in Transylvania with castles, medieval houses and
entire farms available for sale to overseas investors looking to
diversify their property portfolios and buy real estate in one
of the most stunningly beautiful, romantic and ancient European
countries.
If the real estate and economic expert analysis of Romania's
property market potential is correct, those who buy in Romania
today could be looking at the realization of 400% profit within
the next ten years - this means that someone who invests as
little as twenty thousand dollars today could potentially reap
sixty thousand dollars profit within ten years...now that's what
I call potential!
About the author:
Rhiannon Williamson writes about overseas real estate investment
and specialises in the analysis of property market trends and
opportunities in emerging markets. To read more information
about property investment in Romania click here.
Rhiannon Williamson
More Articles
Real Estate Property Tax Lien Investing Caution - Mark Walters Gather around children for a tale of royal power. Far back in
history the king owned everything. (Does that remind you of
Donald Trump?). Occasionally the king would grant property to a
duke. Property ownership meant wealth, so the king would...
What To Look For In A Real Estate Agent - Tom Levine Real Estate Agents play an essential, critical role in the process of buying and selling a home. You just simply cannot afford to work with an agent that does not exhibit top-scale professional values. We’re talking about your primary investment,...
How and Why You Should Purchase a Real Estate Website Template - Danny Selka How and Why You Should Purchase a Real Estate Website Template
Website temples are popular among many website owners and
developers. A website template makes it easy for a business to
start and develop a company website. Templates are a...
The Unbelievable Majesty of Savannah, GA Real Estate - Pete Sampson Daily life in Savannah, Georgia is hip and stylish, but it's old Southern tradition sees to it that it will always maintain its serenity. Savannah, this modest city that happily welcomes a entire world, gets its name from the Native American word...
Pros and Cons of the Bulgarian Real Estate Market - Theodora Borissova Real estate market in Bulgaria for the last 15 years has improved consistently, but still could be defined as developing . Since the introduction of the currency board in 1997 Bulgaria has been politically stable country with a developing economy...
Chicago Neighborhoods - Chicago Real Estate - Johnny Mayer Are you in the market to buy a home in Chicago? Do you know
where you plan to live? Chicago's many neighborhoods have their
own unique identities and customs. Which Chicago property is
right for you? The only way to know is get out and view...
Reinventing real estate, Part 2 - Charles Warnock Reinventing real estate (Part 2: How online and empowered consumers are taking charge and paying less. Demanding consumers “Internet buyers tend to be better informed on market conditions and better prepared to act on the home they want when...
What is the Real "Real Estate Software"? - Anastasiya Shalayeva Everybody knows the difference between the virtual and the real. When it comes to real estate online ads, this difference acquires more significance. It is easier to buy property offline, when one can look and feel what he is going to have. Online...
In a town called Google the Keyword is Real Estate - David Ferrers The late Conrad Hilton who built a chain of hotels across the
world, was firmly of the belief that if he built a hotel in the
right location it would make money. "Location, Location,
Location" was his motto. Never build a hotel where there...
Investors - Look For The Real Estate Sweet Spots - Mark Walters A politician once proclaimed, "All politics is local!" The same is true for real estate. If you live in Southern California home values are climbing towards the sky. The real estate market is hot! At the very same time there are many areas in...
Learning About Real Estate Website Development - Danny Selka Learning About Real Estate Website Development
Thousands of individuals in United States are real estate
agents. Many real estate agents work for an existing real estate
agency or they their develop their own. In many states a...
Creative Real Estate Investment - Steve Gillman An example of creative real estate investment? When I was young, I had a job that paid $3.40 an hour, and I somehow saved enough to buy my first piece of real estate - 2 acres near where I lived. It cost $3,500.
I spent a few hours removing brush,...
|