Romania 'offers property bargains'
Overseas property investors have been advised to consider entering the Romanian market, as they could get potential bargains.
UK newspaper the Telegraph said that the eastern European country was proving to be highly popular with foreign buyers, especially areas such as Bucharest.
The publication highlighted the example of Tunari, one of the suburbs of the capital city, as it was located close to the international airport and offered prices from about £60,000.
Since the Romanian market is experiencing high rates of growth, this relatively cheap entry price could mean that buyers in the country could get strong returns on their investment if values rise in the next few years.
The newspaper said: "Bucharest in Romania continues to lure overseas investors with rock-bottom prices and healthy growth forecasts."
Romania's investment prospects received a further boost earlier this month, as budget airline Blue Air started offering direct services to Bucharest from London's Stansted Airport.
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