Tips on Property Investment|The Best Investment Properties Advice
Sep
04
Stealthian asked:
I am currently researching on property investing in Romania and I would like to get your views on the potential. I am scheduled to visit Bucharest, Romania in two weeks time and I need to gather as much information on the area as well as advice on specific areas that may potentially have the highest returns. What is the monthly rent for a 1 bedroom in Bucharest?
Louis
I am currently researching on property investing in Romania and I would like to get your views on the potential. I am scheduled to visit Bucharest, Romania in two weeks time and I need to gather as much information on the area as well as advice on specific areas that may potentially have the highest returns. What is the monthly rent for a 1 bedroom in Bucharest?
Louis
Comments
axx b on 7 September, 2009 at 10:55 am #
If by 1 bedroom you mean a single room plus kitchen and bath the rent starts at about 175 euros per month in a dilapidated old communist type building and may go as high as 1500 euros/month in a new upscale building. But on average it’s about 300 euros/month.
If you mean a 1 bedroom plus living plus kitchen, bath etc apartment the rent is between 300 euros – 4000 euros per month; on average about 400 euros per month.
Remember that Bucharest is in a active seismic area. Before buying anything check about the building’s safety in case of earthquake.
If you’re interested in buying land, head for the areas south, east or west of the city. The prices in the northern area have reached a maximum and are unlikely to grow significantly in the future.
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