Why consider a property investment in Romania?
Property prices are below other European levels (circa 50% of property prices
in Bulgaria). Property prices are growing at an average of 25% per annum since
2003.
Romanian land prices have risen by as much as 700 per cent in the last year and
the country is set to become one of the biggest new boom areas for major overseas
property and land investment, according to many investment experts.
Romania possesses a low and decreasing inflationary regime, stable currency (fully
denominated after 1st July 2005), liberalised financial markets stimulating a
trend in western companies to relocate to Romania.
In 2005 ,Standard and Poor increased the sovereign debt rating of Romania to BB+
(from BB). Romania joined the EU in 2007.
Growth in Tourism - the World Travel and Tourism Council (WTTC) predicts Romania
to be the 4th fastest growing tourism sector in the world with a growth projection
of 7.9% per year from 2007-2016.
Romania is a beautiful country of dramatic mountains and rolling hills, fertile
plains, rivers and lakes.
Romania’s Black Sea coast, stretching over 200 km provides clean sandy beaches
with minimal tides – ideal for young children.
The climate is temperate with four distinct seasons. Temperatures in the summer
average over 70°F with July & August peaking at 79 °F
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