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    Beware Owners in Romania

    Many owners in Romania are ignoring their property and rental taxes, the penalties on these can be as much as 200% per year. In addition many people who are holding land and properties in companies here are being totally exploited in Property Management Costs in terms of accountancy and HQ...
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    Caution with Property Management

    Several people have recently come to us after having paid extortionate amounts for furniture packs on reliance of promises of extortionate rents. These rents are not realistic and people are being lured into spending money in anticapation of a rent that will not be achievable. People before...
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    Am I being conned

    I received the below mail from a person who has been misled by one of the so called property experts of whom many of you are aware off, without having to name and shame. Have made a lot of mistakes here in our first exploits in foreign property purchase. Bought off plan from ### show a...
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    Swiss Cottage/Titan Residence

    I was recently in Swiss /Cottage or also known as Titan residence. Many foreigners have bought into this development and have no-one actively managing it. therefore there are bill accumulating on the properties and penalties attaching to these bills. If anyone needs assistance in the...
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    Vat reduced to 5% on off plan purchases

    Please note the Romanian Government is reducing Vat from 19% to 5% on the purchase of properties under 100,000 euro. If you are buying an off plan, please note you are not restricted to initial purchase price, plus 19% Vat. There are also other methods of making a saving when the property is...
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    Rental Properties needed In Bucharest

    We are currently inundated by companies seeking good residential properties to rent in Bucharest and cannot meet the current demand. We can offer you high rental returns at present for the right property. Please contact us as a matter of urgence if you have a property to rent in Bucharest...
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    New property sells with difficulty, old apartments in high demand

    Below is an article published by nineoclock.ro a news channel. It endorses everything we have said about the Romanian market and that existing is the best investment. Romanians were reluctant to buy what they could not see and foreigners went in both feet first with effect we now see some...
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    Despite the turbulence on international markets, in Q1, Romania’s economic growth was

    This is why Romania is still best european investment location Despite the turbulence on international markets, in Q1, Romania’s economic growth was four times higher than the EU average, according to the Southeast European Times portal, quoted by Agerpres. The Romanian economy grew by 8.2...
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    In Q1, the domestic economic growth in Romanwas four times higher than the EU averag

    Despite the turbulence on international markets, in Q1, Romania’s economic growth was four times higher than the EU average, according to the Southeast European Times portal, quoted by Agerpres. The Romanian economy grew by 8.2 per cent in Q1 2008, being the highest jump in the first quarter...
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    Administration of your Investment

    For the attention of all persons who have bought in Romania with a power of attorney. Do not permit your agent to enter you into an administration contract. We as a company charge 35 cents per meter and were horrified to hear some UK and Irish companies have commited investors to 1 euro per...
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    Bought In Romania

    Have you bought in Romania in the last year? More and more clients are coming to us every day stating they have bought from such and such an agent (From UK or Ireland) and they do not know what is happening. Others are complaining that the agent they have purchased from will not respond to...
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    Decline in Communist flat prices set to be gradual

    The Below statement is courtest of the Diplomat magazine and why I think so many people make mistakes when buying property. Between April and May this year, Bucharest’s new apartment prices remained at 1,909 Euro per sqm, while older apartments droped by five per cent to 1,808 Euro per...
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    Have You Bought in Romania????????

    If you have bought in Romania and are currently unsure of market conditions or unsure proceeding on your behalf please feel free to contact Investment Romania. Romania is still without doubt the number 1 property investment location in Europe where there are still massive returns to be made...
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    Property Management Costs in Romania

    Anyone with property in Romania should know that the average cost of management is half the 1st months rent as a finders fee and an additional 10% per month thereafter, this fee is paid retrospectively as if a tenant leaves you will have paid for a serice not provided. Anyone asking more than...
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    Set up a Company and need a Mortgage????????

    If you were innocently or maliciously deceived in to being told you must set up a company to buy/own property in Romania you currently have problems. These must be addressed as a matter of urgency if you are seeking to get finance on your purchase. Finance to companies for purchase is only...
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    Assume to your detriment

    An old man who used to live beside me shared some words of wisdom with me once and I never forgot them. Never assume son, if you break the word down you get 3 words and in the process you make an ass of u and an ass of me Ass-u-me An exmple of this is a clause shown to me today...
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    'Snag List'

    People are buying properties and allowing the sellor to complete on their behalf. The seller has a conflict of interests and cannot represent his own and your interests. This effect of this is your interests are the ones that will suffer. The attached is a letter written to a client who...
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    Paying For Green Fields

    Phase one of Green Fields has to be paud for on 13 June 2008. this is 3 weeks time. We are horrified to learn that there are still people who have left the Power of Attorneys with the selling agent to complete. In one case where another buyer in Greenfields was re-assigning a studio which...
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    Am I being Ripped off?????????????????

    There has been a thread on this forum 'Am I being ripped off in Romania' It has got many views and many replies and personally speaking I think it is derogitary to Romania and Romanians. I therefore propose to give clarity to how this thread should be called and that is, 'Am I being ripped...
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    Furniture Packages For Sydney Development

    I have Just spoken with Silvia and she has had the opportunity to actually go to see the Sydney development. She had found the apartments are not as big as people were of the opinion that they were and approximately 50 meters is taken up by the car port and patio and that air con and kitchens...
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