Anthony writes for RomanianVenture, a Romanian property portal with both news and properties for sale.
The combined effects of prospective entry to the EU and economic reform have made the Romanian property market one to watch for UK investors, it has been claimed. Following research into the sector, Property Secrets has said that the "remarkable" effects of reforms in Romania could eventually offer significant gains for UK investors.
Neil Lewis, CEO of Property Secrets, explained that GDP in the country has increased in 2006 from 6.9 per cent growth in the first quarter to 7.8 per cent in quarter two.
Mr Lewis also told Overseas Property Professional that the levels of foreign direct investment entering the country should act as an indicator for people considering investing in Romanian
property, as this is likely to go up following EU membership.
"Ultimately, this will significantly drive demand for property," Mr Lewis added.
Currently there is a lack of competitive mortgage finance available in Romania, but the property expert believes that this will change in the near future.
He bases this prediction on the facts that the same situation existed in Bulgaria before the first competitive package was introduced and that there are already mortgage offers on the Romanian market which will begin to offer competitive terms in the next 18-24 months.
- Related Articles
- Related Q&A
- Commercial Real Estate Property in India
- Real Estate Property Listing With No Hidden Charges!!
- Sell Real Estate Property by yourself
- The Basis of Real Estate Property Values
- Should you Hire a Real Estate Property Management Company?
- How to Determine the Value of your Real Estate Property
- Real Estate Property and Investment
- Costa Rica Real Estate Properties
Revolutionizing Jewish Travel with a Kosher Safari
By: Tomer Harel | 30/11/2009This article talks about an African safari with a Jewish twist.
Get a Cruise Ship Job - Best Ideas
By: Neil Maxwell Keys | 30/11/2009Getting a job on a cruise ship is very competitive. Moreover, the cruise ship recruitment agencies are very busy; plus they receive hundreds of resume's that they have to attend to. So if you want that cruise ship job, then read this art9icle that highlights a few key rules to getting that dream job.
AMERICAN PATIO - Patio Umbrella products for America's favorite vacation destination
By: Patioumbrella09 | 30/11/2009AMERICAN PATIO Selection and Quality of American Patio you'll find an extensive selection of top quality patio umbrellas. Like Sunbrella Patio Umbrellas, Verona Patio Furniture, 6X6 foot Cafe & Bistro Wood Patio Umbrella, Lighted Patio Umbrella, 9' auto tilt Patio Umbrella with L.E.D lights, Tilting Patio Umbrella, 9' Deluxe Auto Tilt Aluminum Patio Umbrellas etc.
Branson’s Nantucket Helps Local Masonic Lodge with Donation
By: pv12785 | 30/11/2009Branson’s Nantucket the premier lakefront resort helps local charity with donation for Local Freemason Lodge
Egypt Tour: Travel Company
By: righttravelegypt | 30/11/2009Egypt has been one of the hot spots for vacationers. It has a lot to tell & a lot to offer. It is a general advice to get a tour organized by a travel company. Now, it may seem to be a marketing article, but I will let you know hoe a travel agency or a travel company can offer you the best out of your tour
Rajasthan Tour- Tour to the Royal State of India
By: Michael smith | 30/11/2009Dipped in the sensuous royal beauty, Rajasthan the state in the north western part of India is visited by tourists all the year round. Teemed with dazzling royal attractions, rich and heritage beauty, colourful fairs and festivals, enchanting cities, wonderful monuments, enjoying holidays in Rajasthan will be an out of this world experience.
Delhi City Tour with Rental Cars
By: Michael smith | 30/11/2009Delhi the capital city of India is one of the most beautiful cities of India. It is the hub of commercial activities as well as well known for its amazing tourist attraction.
Taj Mahal Travel, Visit Taj Mahal India, Taj Mahal Travels, Taj Mahal Taravel packages, Visit Taj Mahal 2010
By: raj choudhary | 30/11/2009India Travel Agents,Taj Mahal Tours Travel,Taj Mahal Trip with Rajasthan,Taj Mahal Tours with Pushkar,Taj Mahal Travel with Wildlife Tours,Taj Mahal History , About Taj Mahal Agra,Taj Mahal Tours with Visittnt.
Top 5 Property Investment Tips for Cape Verde
By: Anthony | 05/02/2007 | TravelThe buying process and government laws in Cape Verde is fairly straight forward in fact more so than other countries to the point that overseas property investment is actually welcome, as Cape Verde seeks accession into the EU
Legal Impact of Eu Entry to Benefit Bulgarian Property Investors
By: Anthony | 08/01/2007 | TravelOne in seven, or 13 per cent, of British people would consider making an investment in the Romanian or Bulgarian property market
Cyprus, a Good Opportunities for Returns on Investment
By: Anthony | 20/12/2006 | TravelFurther stability, as well as better deals for investors through a lower interest rate, are expected to emerge when Cyprus joins the eurozone next year.
Dubai 'forging Forward' With Hotel Developments
By: Anthony | 29/11/2006 | TravelDubai News at news.DubaiVenture.co.uk at http://news.dubaiventure.co.uk/news_detail.php?nid=17956326
Bulgarian Property Sees Second Highest Rate of World Growth
By: Anthony | 27/11/2006 | TravelBulgarian News and properties for Sale at BulgarianVenture.com at http://news.bulgarianventure.com/news_detail.php?nid=17994114
Spanish Property Buyers Urged to "take the Right Steps"
By: Anthony | 20/11/2006 | TravelSpanishi News and properties for Sale at SpanishVenture.co.uk at http://news.spanishventure.co.uk/
Overseas Property Purchase 'easier Than Ever'
By: Anthony | 20/11/2006 | TravelDubai News and properties for Sale at DubaiVenture.co.uk at http://wwww.dubaiventure.co.uk/