Off Plan Property Romania not many options
Well a while back I posted on the subject of Amanda Lamb’s 20 best places to buy. At the top of the list was Romania as the number 1 destination to buy in for property investment growth. So armed with that information I decided to go looking for off-plan property in Romania for investment.
Barrasford and Bird are promoting the Saint Vlas complex in Mamaia on the Romanian Blacksea coast. This development looks very similar in design to many of the complexes that are being developed in Bulgaria.
Looking at their current pricelist I feel these units are slightly overpriced based on the fact that this is a new market and its more established neighbour Bulgaria has properties cheaper than €82,000.
Romanian deals have launched their new development Costinesti Sun Garden Holiday Apartments also on the black sea coast, definately worth a look.
Update 19:34pm:
The development in Romania above has studios starting from approx €45,000.
I have been made aware of an excellent investment opportunity in Western Romania, if you would like more information on this project please email me for further details.
Sidney Vasan said,
April 20, 2006 @ 3:30 am
It appears that you have been made aware of an excellent investment opportunity in Western Romania. I would like to request for information on this project in Western Romania and am sending this e-mail request.
Thanks!
vidmantas jakubenas said,
September 4, 2006 @ 3:21 pm
Hello,
What do You think about investment in Costinesti and in Western Romania.Thanks
Ramon Salter said,
September 5, 2006 @ 10:03 am
info please
Nubricks said,
September 5, 2006 @ 2:25 pm
Vidmantas -
I think Western Romania and the holiday resort of Continesti have good investment potential in the right locations. It is importnat to do your research to find reliable developers. Email us if you would like to speak to someone direct.
Michael said,
January 11, 2008 @ 2:41 pm
indeed property prices in Romania are higher compared to Bulgaria, but Romania is much safer to invest in.
the retrocession process is complete, therefore there is no risk with your property - no matter if it is land of house/apt
there are some really good investment opportunities in Bucharest, in this new breed of more trusty projects. I choose one which is called English Village, developed in Bucharest, and another one in Brasov.
Currently i’m considering some land at the sea-side, i think that will sell really well in a couple of years.
see you soon,