Property investment Romania: 10 Reasons to Buy in Romania
If you are looking for an investment with a high return or if you want to buy a property to spend some relaxing time in, here are 10 reasons why you should buy a property in Romania:|
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If you cannot see the document above, here are the 10 reasons why purchasing a property for investment purposes in Romania will give you a high return on investment:
Despite the continuous rise of the prices of real estate
properties, the market in Romania offers still the most
attractive investment opportunities among all other countries in the EU.
Statistics for the last two years show that prices for both land and homes have doubled in some areas and specialists assume the market will follow the same course in the next five to ten years.
Romania became a full member of NATO in 2004 and joined the European Union on January 1st 2007. The
country will also introduce the euro as an official currency.
This major change will inevitably lead to a comparative "evening
out" of prices in Romania compared to the rest of the
European countries. People who have invested in Romania,
especially the ones who have made investments in real estate,
will benefit from the significant increase of the real estate
prices and collect good profit if they decide to sell their
properties.
Romania is increasingly becoming known and praised as a tourist destination.
The interest in Romania by foreigners continuously rises, especially in the
last few years when certain important socio-economic and
political changes were made. Most of Romania's famous winter and summer tourist destinations offer facilities
to European and international standards.
4. Location
Bucharest is
only 3 hours away from London by air. The transport
infrastructure is developing rapidly: the opening of new
airports and the improvement of the road network is helped
notably by European subventions and will have a strong impact on the property investment in Romania.
Wizzair has opened an new line between London Luton and Bucharest which will help investors travel to Transylvania.
Visitors do not experience any acclimatization difficulties when
they travel to Romania. There are more than 300 sunny days per
year throughout the country. The average temperature from April
throughout September is 23C.
Romania is a country with thousands of years of history, an heir
to ancient cultures. It is famous with its rich historical,
archaeological and architectural heritage, which includes village
mounds, fortress cities, incredible architectural and sculptural
works, many monasteries and villages with unique
architecture.
Romanian cooking is rich, tasty and substantial, as befits a country
were all food is still naturally grown and where fruits and vegetables
follow their normal season.
Traditional Romanian Dishes
Romanians are warm and hearty people, renowned for their
hospitality to foreigners, famous for their respect and good
will toward their guests and visitors.
The rich, varied beauty of our nature is awesome and rare; there
are mountains with different specificity and modern ski resorts;
there is the Black sea with its sunny beaches and amazing
holiday resorts; hundreds of mysterious caves, as well as the
numerous natural mineral springs known for their healing
properties since ancient times, attract tourists from all over
the world; beautiful rivers and waterfalls, phenomenal rock
formations, national parks and sanctuaries for natural wild life
as well as many other fabulous attractions will make Romania one of
the most sought after tourist destination as well as a country
widely praised for its natural treasures.
The living cost in Romania is one of the lowest ones compared
with all other European countries. Most services and products
here are more than 50% cheaper than their European equivalents.