Company Formation Romania

The best place to invest in Europe

Romanian real estate has proven to be a safe place with high capital appreciation, especially in the Bucharest area. Romania is currently undergoing major infrastructural developments which will see further capital growth all over the country. "The growth trend should continue over the next five years," says Damien Thiery from Romanian Properties Ltd, said: "Romania will join EU in January 1st 2007 with the development of tourism on the coast of the Sea Black and Transylvania, Romania will prove that in the years ahead will be one of the most dynamic economies in Europe. "The" Super Highway "between Constanta and Budapest, Bucharest and Brasov will go through will be crucial for assume the role of Brasov in Eastern Europe on a long term basis. Besides the low cost airlines will soon fly to several cities in Romania lead by Wizz Air has announced flights from London Luton to Bucharest in January 2007. The British people are increasingly buying properties in Romania - Romania property or as investment in Romania or holiday homes.

Where to buy in Romania

The landscape of Romania is beautiful and unspoiled, the cost of skiing is very low compared to the rest of Europe, the coast is superb and the Romanians are very hospitable. As a pure investment or even a holiday home or apartment, Brasov, Transylvania offers one of the highest returns possible that its location near the ski resorts, its development of infrastructure (new airport to be completed in 2008, "Super Highway"), and its charming traditional downtown Brasov is one of the most popular in Romania. Romanian Properties Ltd now offers the opportunity to purchase off plan apartments in Brasov built to standards of Western Europe to 900 euros / sqm. The coast and its sandy beaches will see a great development of tourism Western Europeans, who are just beginning to discover the beauties of Romania. Investments in Bucharest (malls, off-plan, resales) began a few years ago, and as such, prices have already risen in and around Bucharest. The potential, yet important, must be evaluated very carefully. The prices are very cheap in rural areas, but you must be prepared to spend some time and have expenses for renovation to your property for sale in Romania to meet British standards.

Steps to buy in Romania

Doing your research and looking for a well established agent based both in Romania and the United Kingdom are key when purchasing in Romania. No tax on capital gains when you sell your property three years after the purchase of your property is your investment in Romania's worth. You will need to raise money as mortgages are currently not available for foreigners. If you want to buy a villa or a plot of land in Romania , you will need to create a company that is a very simple process - your real estate agent should help you with it. Buying a new apartment or plan may be made on your behalf without needing a training company.

What's Next

Contact Damien Thiery from Romanian Properties Ltd (0870 224 2142) if you want any advice on purchasing real estate in Romania.
http://www.romanianpropertiesltd.co.uk