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Tuesday, August 26, 2008

Romania recommended to investors

Overseas property buyers have been advised to consider purchasing a residence in Romania.

According to FC Exchange, the eastern European country could be a good location for those who want to collect quick returns on their investment.

The currency specialist said this is because the property market in Romania is growing at a relatively fast rate, especially in comparison with places such as France.

This has prompted managing director Nick Fullerton to suggest that people take these issues into account when deciding where to invest.

He commented: "It is important to firmly establish the reasons why you are buying property at the very beginning of the process."

Mr Fullerton added that investors who match their strategy to a suitable market will be able to see the returns.

According to the Property Investor Show, 72 per cent of those who plan to invest abroad this year are looking at less-established countries.

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