Due Diligence in Romania
People have now woken up to Romania being the best overseas property investment location in Europe and with this there is a scramble to buy property. However, Romania is about investment & not Dream Over Seas Properties. Some unscrupulous agents are coming in grabbing anything they can and trying to turn it on to investors. These are not necessarily good investments. Investors are relying on representations made by some agents who have a beneficial interest in making a sale. This is on some occasions to the detriment of you the investor.
We specialize in:
Property valuation
We organize independent property valuations from accredited valuers for those wishing to buy existing and new off plan properties.
Area Analysis's
Many properties are being sold to overseas investors with representations of desirability and area which are on occasion grossly exaggerated in terms of geography, desirability, potential and likelihood of rental return. We organize independent analyses for the representations you may be relying on.
Tax
It is crucial you the investor understand the tax implications of making an investment. 100% profit is no good to you if you are going to lose over 50% of it in tax. This is why you need to know how to proceed and why setting up a Romanian Company is not the way forward for you the investor.
Legals
We have several law firms that can assist in the conveyance once you have satisfied yourself that your proposed investment is n fact what you believe it to be.
STEPHEN MCCULLOUGH
Welcome to Investment Romania
Description:
The apartments are fully furnished and equipped and are suitable for holiday as well as business accommodation.
The apartments are located downtown, and you can choose the apartment close to your area of interest University Square, Romana Square and the historic Old Town.
Reasonable pricing. Hotels in Bucharest are currently over-priced in all categories. Luxury hotels begin at 150 EUR/night and go up from there. Our Bucharest apartment rentals start from 40 EUR, and the rates are per apartment, not per person. |
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