A popular area to buy
Romanian property is on the Black Sea, often called the ‘Romanian
Riviera’, this provides 82km of coastline with a string of seaside
resorts accounting for 41% of Romania’s hotel business, here you
could pick up a Swiss-style chalet for under £30,000. If it’s a
villa near the beach you are after then a three-bed accommodation in
Eforie Nord would go for around £30,000.
Bucharest offers very
little in the way of historical landmarks due to it being destroyed
when Nicolae Ceauşescu
was in power, however, what it does provide is an eclectic mix of
eastern and western influences. It is also recommended that the
best way to really enjoy Bucharest is on foot, enabling you to find
many hidden treasures.
Approximately 270km
from Bucharest you will find the town of Constanta which has a
relaxed atmosphere, a very pleasant old town which boasts many bars
and restaurants. For around £35,000 you can buy a four-bedroom
town-house with large garden whilst a typical two bed new-build
apartment with sea views would go for somewhere in the region of
£25,000.
Buying Property in
Romania
Providing excellent
value for money but being somewhat off the beaten track you could
pick up a house in rural Agigea for somewhere in the region of
£5,000, and it has been known for rural farms with land to sell for
around the £10,000 mark.
In summary if you are
looking for value for money and a unspoilt environment then head for
the rural villages, the Black Sea coastline provides some attractive
property investment opportunities, alternatively if it’s the
hum-drum of city life you are after then lively Bucharest would
certainly provide that..
Purchasing