Romania Property Investment News

Investors 'can snap up cheap property in Romania'

Investors 'can snap up cheap property in Romania'

People who want to snap up bargain properties abroad have been advised to look at the Romanian market.

According to UK newspaper the Telegraph, parts of the eastern European country such as Bucharest have become highly popular with foreign buyers.

The publication said that some of the city's suburbs, such as Tunari, offered bargain properties from about £60,000.

This was also said to be a good location because it was located close to the main international airport.

"Bucharest in Romania continues to lure overseas investors with rock-bottom prices and healthy growth forecasts," the Telegraph continued.

Low prices and the possibility of property investments appreciating in value could make the country a highly lucrative investment.

This month has seen the introduction of two new flights to Romania by Wizz Air and Blue Air, reflecting the demand and popularity of the country.

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