New Horizons are now offering investment parcels of Land in Romania for as little as € 18,800 ( £12,643 approx), including legal fees (find out the exact exchange rate here)
Plots from 1500 square metres. Enough to build 3, large, detached executive homes in the emerging commuter belt. The land is regulated for build with full due diligence obtained.
The Opportunity
- Land just outside Bucharest, the capital city of Romania
- Located in Crevedia, North West of the capital,
- 25 Km from the capital,
- 15 Km from the international airport
- 13 Km from the primary ringroad
- Located near the link road from Bucharest to the Transylvanian highway, Europe’s biggest infrastructure project
- Located in the emerging commuter belt
- Large developments already in the area
- Utilities already in the area
The Return
- Joined EU on January 1st 2007
- Romania has one of the best economic outlooks amongst the emerging markets in Europe
- GDP has outperformed the EU since 2002 source: Government of Romania
- Average salary set to increase by 461% by the year 2014 source: Government of Romania
- Inflation, unemployment and interest rates are dropping source: Government of Romania
- Real Estate investments have increased by as much as 30% a year for the last 2 years source: buying property in Romania
- Some agents are forecasting potential growth of 27.5% a year for the next 10 years!
The Risk
- Local knowledge of the market is crucial to source low cost land in the right location with the potential for high ROI
- Knowledge of the Romanian legal and fiscal systems as well as the buying process is crucial
- We have had an presence in Romania for 2 years and use a number of different lawyers to conduct independent due diligence on the land that we buy to protect our clients best interests
- This way we can demonstrate legal ownership title and regulation certificates on the land
- We can put you in touch with independent professionals such as lawyers and accountants who can help you through the buying process
The Exit
- You could sell directly to another land investor, or use a 3rd party agent to help you find a buyer
- You could build on the land yourself and then sell the properties to the local market, or other investors
- You could hold out for an offer from a developer who wishes to build a large amount of properties in the area
Find out more about this great investment opportunity