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 countrys 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...