Reforms 'stand Romania in good stead'
The Romanian market is in good health and offers good opportunities for property investors, according to an expert.
Both recent economic changes and the possibility that the country may be about to enter the European Union mean that Romania is an attractive proposition, said the research firm Property Secrets, reported Homes Worldwide.
Gains could be made by property investors as reforms are set to have considerable effects, the research found.
Chief executive of the firm Neil Lewis said that the gross domestic product in the country has risen to 7.8% in the second quarter, from 6.9% in the first quarter.
Foreign direct investment should act as a barometer to the popularity of the county as an investment choice, he commented to Overseas Property Professional.
Moreover, more competitive mortgage finance opportunities will be available to consumers in the country in the future, he added.
Recently, the medical firm Gedeon Richter announced that it is to build a new plant in Targu-Mures in Romania.
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