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Romanian residential segment experiences British shopping spree

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British buyers are flying in, looking around, learning about Romania, buying off-plan apartments and waiting for their value to go up. Companies specializing in selling apartments in Romania to foreigners are organizing meetings in the UK to present the country and its investment opportunities. Meantime, Romanians are being offered cheap homes in Germany and Bulgaria. A recent ad in the Financial Times' House and Home supplement advertises a seminar on buying Romanian property. The ad is placed among announcements for Spanish, American, Provencal, and French Riviera properties for sale. The British are learning about Romania and its residential profits, after having learnt and bought in Spain and France.

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Published Sunday, November 25, 2007 9:17 PM by Stefania Trandafir

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