Posts on ‘January 31st, 2008’

I forgot to mention this in my last article about Romania.

Starting 2008 from all the real estate transactions conducted between established companies 19% V.A.T will be deducted, payable to the State.
This is going to directly affect a wide range of real estate buyers, from young to old and from company to ordinary citizen.
That means the [...]

Many of you may think or may have been told that Romania and in particular Bucharest is one of the last places left in Europe for a profitable real estate investment.
I pretty much doubt that, and I’d like to contradict all the experts who sustain that.

Let me tell you, that almost all the statistics are [...]