Posts Tagged ‘Romanian tourism’
According to a recent report in the UK about which European property markets have a greater potential for growth and profits over the next decade, Romania topped the list.
Romania, located in southeastern Europe, is a nation recently adhered to the European Union where they benefit from substantial foreign investment and economic progress as a result. According to the report these facts mean that in the coming decade the housing market in Romania is likely to grow strongly and everyone who invested mainly before accession to the European Union could have net earnings of up to 400% of your investment in the next ten years.
The report is based on an economic assessment and overview of each country in Europe and included the analysis of growth opportunities within the real estate sector in each country. Because property prices in Romania ranging from as little as twenty thousand euros, the scope for expansion of property prices is clear. The low starting price of real estate in Romania will also mean that your property sector has attracted considerable interest from international investors in real estate. Read the rest of this entry »