Romania

Bucharest - Romania

This large South-Eastern European country (population: 22 million) is yet another fascinating success story and also one more piece of evidence for the effectiveness of free-market reforms. As was the case with virtually all post-communist countries after the fall of the party tyranny, Romania's economy too declined in the (early) nineties due to the collapse of a big part of its industry. But around the turn of the millennium, it made its comeback - and arguably the most important factor in this has been Romnia's flat-rate income tax of 16%, both for individuals and corporations. As in Bulgaria, this move led to an extremely investment-friendly atmosphere - and so the country managed to recover.

Romania now is a nation with a very high economic stability: Remarkably low unemployment, small inflation - and a gross domestic product of 264 billion US-dollars. Who would have thought so in 1990?

Now Romania is part of NATO and (since 2007) the EU, and it is in every way part of the West. It has a thriving economy, mostly based on services and to a relatively big part on future industries like IT, and is completed integrated into Western Europe - a fact that can also been from the high amount of foreign investment and the many expats living and working in Romania.

Many people from other countries associate Romania foremost with Dracula and vampires, but, strangely, this legend is hardly known in the country, although it cannot be denied that Transylvania is part of Romania. However, in reality it looks very different than in the typical movies: Transylvania is actually an idyllic region with a mild, almost Mediterranean climate. Romania has a lot of beauty to offer anyway: It is not as densely populated as most Western European countries, so there is a lot of space for tourism. Romania's landscapes are diverse, but mostly the country has a hilly nature.

The word Romania derives from the city of Rome, and the Romania language is in fact a descendant of Latin.

Nevertheless, 86% of the population belong to the Orthodox Christian faith. There are several ethnic minorities, most notably Hungarians, who keep up their own native culture as part of the Romanian nation. The regions of Romania all come with their very own cultural traits - and local cuisines, one might add. Not only for this reason is Romania a country worth seeing and also a place that is certain to play an important role in the EU's economic development in this century.



Real estate listings - properties for rent and sale in:

Romania

Property type: land

Added on: 2011/01/09

Plot of land for sale in Constanta - Mamaia, Romania

Real2-Baumax - in the comercial area of Constanta, at 100m of B-dul Aurel Vlaicu, with a surface of 9700mp, built with double opening 21m from the variant Constanta-Ovidiu and 200m the design road. [ read more » ]

Category: commercial
 
Type: land (for sale)
Price: € 1 552 000
Size: 9700 m²
Location: Mamaia, Romania
Property type: house

Added on: 2010/09/27

Unique traditional house for sale in Maramures - Transylvania, Romania

Owner selling house, on the road DN18 between Sighetu Marmatiei and Baia Mare, in the village Harnicesti nr.8 [ read more » ]

Category: residential
 
Type: house (for sale)
Price: € 95 000
Size: 170 m²
Location: Transylvania, Romania
Property type: apartment

Added on: 2010/04/06

Flat for Sale in Sinaia - Romania

1st floor studio located in a building with 2 floors. The studio consists of a room and bathroom, no kitchen. The studio was recently renovated and refurbished to sell.
Sinaia is a known resort in Prahova Valley, famous for its ski slopes and for its castle (Peles Castle). If you're looking for a holiday retreat then this might be worth your investment. [ read more » ]

Category: residential
 
Type: apartment (for sale)
Price: € 22 000
Size: 19.38 m²
Location: Romania
Property type: apartment

Added on: 2010/04/06

Apartment for Sale in Azuga - Romania

2 studios sold as 1, located on the 2nd floor, each with a built area of 21 m, there is only one bathroom with separate access.
Azuga is a known ski resort in Prahova Valley. If you're looking for a holiday retreat then this might be worth your investment. [ read more » ]

Category: residential
 
Type: apartment (for sale)
Price: € 32 000
Size: 42 m²
Location: Romania
Property type: apartment

Added on: 2010/04/06

Apartment for Sale in Campina - Romania

2 bedroom apartment, comfort 3, located on the top floor in a building with four floors. The apartment is sold furnished. [ read more » ]

Category: residential
 
Type: apartment (for sale)
Price: € 22 000
Size: 31.14 m²
Location: Romania

You have the possibility to aquire studios and apartments of 2-3 rooms in a beautiful residential complex (Basement + Ground + 6 Floors + Attic), built in Sinaia, in the neighborhood Furnica, close to the center of the city. [ read more » ]

Category: residential
 
Type: apartment (for sale)
Price: € 52 450
Size: 52.45 m²
Location: Romania
Property type: villa

Added on: 2009/08/20

Villa for Sale in Busteni, Piatra Arsa - Romania

Villa (ground floor) situated in the area Piatra Arsa, comfort I. The house has area of 135 square meters, and the use of 128 sqm and has a land surface of 830 sqm. [ read more » ]

Category: residential
 
Type: villa (for rent or sale)
Price: € 250 000
Size: 128 m²
Location: Romania
Property type: house

Added on: 2009/06/10

Bucharest North Garden - Houses for sale - Bucharest, Romania

Exclusive development of 9 detached villas on 6200 sqms of prime land
Double garages, high-end finishes, intelligent management system
Each house comes with a large garden of 500-650 sqms
English pub for fun and entertainment activities
Big communal garden with kids playing area
Mortgages available for non-residents
Pub for fun and entertainment activities
Area: Caciulati, North Bucharest
Mortgage: available, 30% deposit, 70% LTV
Completion: June 2010
Advised exit strategy: mid-term, minimum 3 years (motorway completion by 2012)
Currency: Lei RON
Payment plan: 30% (reservation), 70% (completion)
Price: From 190,000 Eur excluding VAT [ read more » ]

Category: residential
 
Type: house (for sale)
Price: € 190 000
Size: 250 m²
Location: Bucharest, Romania

A oasis of green seclusion in the romantic Costinesti resort on the Romanian Black Sea coast, 250 m from the sandy beaches and clean, blue sea waters. The friendliest and open minded people of all in Romania. The resort has been long known as the place boasting the nicest parties and the best entertainment of the entire Romanian Black Sea Coast. [ read more » ]

Category: residential
 
Type: apartment (for sale)
Price: £ 39 950
Size: 68 m²
Location: Romania
Property type: apartment

Added on: 2009/06/10

Sea View Residence for sale in Costinesti - Romania

Unique off-plan beach development,investment apartments with amazing views of the natural beach & sea of Costinesti, Romania sea side. Right in front of the newest Romanian Marina.  [ read more » ]

Category: residential
 
Type: apartment (for sale)
Price: € 25 000
Size: 68 m²
Location: Romania

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