Product Description

EVERYTHING YOU NEED TO KNOW ABOUT INVESTING IN THE ROMANIAN
PROPERTY MARKET

In 2006 Romania was heralded as the best place to make money in property
for the next decade. This book gives you everything you need to know to
make sound, safe and lucrative choices in this dynamic market. Buying
Property in Romania is full of useful tips straight from a UK based
Romanian property expert, with offices in Romania and the UK.

THE ESSENTIALS...

* Why Romania is regarded as one of the hottest property markets in the
world

* A fact based overview of the Romanian property market

* Romania's economy under the microscope

* The main risks you need to guard against
* Key information about Romania, its people, cities, weather and even food

BUYING IN ROMANIA...

* The complete buying process clearly and fully explained

* What to buy: off plan, new build, renovation, land, old build

* Where to buy: bustling cities, unspoilt beaches or awesome mountains

* The legal essentials everyone needs to know first

* Financing your purchase, maximizing your profits

* Step by step land and property purchase instructions

INSIDER TIPS...

* How to get planning permission

* Where, what and how to renovate

* Hot tips for renting your property

* Much, much more...

Product Details

• Amazon Sales Rank: #299181 in Books
• Published on: 2006-11-27
• Original language: English
• Number of items: 1
• Binding: Paperback
• 160 pages

From the Author
Romania is becoming an increasingly popular destination for
UK property investors, especially since Channel 4 positioned Romania at the
top of the property investment league in its January 2006 programme `20
Best Places to Make Money'.

This book presents the essential economic and demographic factors that
earned Romania the number one property investment position. It also
provides important information about the political, geographic and
historical climate in Romania. Whilst an investment should always be
preceded by appropriate research especially when venturing overseas, the
access to quality, reliable information about investing in Romania is still
cumbersome.

The goal of this book is to simplify your preparations and be a valuable
guide and companion for your property investment in Romania. Most British
people have limited knowledge about Romania and in many cases their opinion
was formed mainly from negative media coverage.

Moving beyond Ceausescu and Dracula, there is so much to discover -
majestic mountains, breathtaking lakes, soft, sandy beaches, peaceful
villages, as well as a vibrant city life.

Whether you are considering a short or long-term investment or a holiday
home for your own use, this book takes you step by step through the
process.

We look at any problems and how they can be avoided. We show you how buying
property or land in Romania can be a straightforward experience.

Ultimately I hope this guide will serve as a valuable starting point for
your investment in Romania and assist you in your preparations. Wishing you
good fortune with your property investment.

About the Author
Alex I Pintea has been running his Anglo-Romanian property
business since 2004, way before Romanian property was the hot tip on
everyone's lips. His goal is to be a catalyst and trusted guide for the UK
investor keen on the superior returns in Romanian property.

In two short years Alex has become the expert on Romanian property that
everyone - buyers, the Romanian Embassy, the media and even some of his
competitors - trusts.

Customer Reviews

Readable, but possibly not quite worth the price
I picked up one or two things from reading this book but I would say it is worth slightly less than I paid for it.

It is generally light on substantive information and packed with estate agents' fluff which means it raises far more questions than it answers. This is perhaps to be expected as the author is an estate agent. Moreover, the book serves at least in part as an infommercial for his Romanian real estate business, so it would perhaps not be in his interest to inform the reader so well that they could enter the Romanian property market independently.

Most of the word-count in the book is taken up with generic advice that applies to buying a property anywhere, and has little or nothing to do with the particular questions one might have about the legal and technical risks and procedures for buying in Romania specifically, these topics being given the briefest of treatments. That said, the lack of information and the flow of the writing makes it a light read that you can get through in a couple of hours.

Along with the general lack of meaning and detail, I noticed at least one important ommission, the book gives the bare minimum of information on the rules and conventions governing how properties can be described for sale (or rental) in Romania... what about the way that square footage is calculated for flats? The answer is not as straightforward as the uninitatied might expect, and it is not in this book!

There are also a couple of questionable pieces of advice, the strangest being that one should spend several hundred euros and countless hours doing the various setup steps for buying a Romanian property before even visiting the country, just in case you see something you like on your first visit.

Having just visited the country for the first time, I can confidently say that no amount of homework can prepare you for Romania, which is a wonderful and diverse country, and that the best thing to do on your first visit is to

A. have a very open mind AND
B. leave your chequebook safely at home!

I do hope to invest in Romania, it is a lovely place with lovely people, but this book is of very limited help being mostly fluff, it is worth a read and you may be happy if you bought it, but it is slightly overpriced to say the least.

One should also note that the above reviewers who have given the book 5 stars seem to have never reviewed anything else and they use a turn of phrase that sounds like something straight out of a sales brochure... I leave you to draw your own conclusions!

Making Property Investment Easier and Safer
Whilst focussing on the specific aspects of investing in Romania this book provides a comprehensive, easy to read and understand guide to the due diligence process required to purchase land or property anywhere in the world. Voted as the best place to invest by Channel 4's `Place in the Sun' means that Romania is a great place to start your overseas property portfolio.

I highly recommend this book in that it also covers the buyer beware aspects of investing in property.

Excellent!!
I read this book in two hours. It is nonbiased, easy to read and it covers all important aspects you should consider when investing overseas. I really liked the fact that it talks about all the negative aspects (which we all know exist but many people don't like to talk about). Things like `the bad estate agents', corruption or undeclared money are explained and tips on how to avoid them are given.
You get a good overview of the country, the people and most importantly the property market, best locations to invest in, how to buy, how to do your research, your due diligence, how to minimise the risks and so on. It talks about cheap property, renovation property, off plan, land; it really covers everything. This guy really knows his stuff.
He also has a company here in London and I called their offices up. I was impressed!
They seem very professional and can talk to you about Romania and the property market in depth. Most other companies I talked to who sell property in Romania didn't seem to have the general understanding of the market and couldn't answer my questions satisfactory. These people can tell you anything you want to know about different cities and compare different properties that are on the market.