Quote:
Originally Posted by David howe
This is in my opinion a very badly written rticle that focuses on the stupidity of investors who did not carry out any due dilligence whatsoever, yet the author tries to tar the whole Romanian market by this. The same article could refer to the Manchester buy to let market, and we all know Manchester does not represent the UK.
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David, there are a lot of good opportunities in Romania but the potential investor should be informed by people like you that scams are everywhere in Romania. Starting with economic reports that are based on data from 2-3 years ago and finishing with so-called "ultra-central" projects that are built in areas with no facilities, 50km away from the city center. But when one is 3000km away and has only some nice autocad drawings and 3D animations taken from a nifty internet website, these scams are very hard to comprehend.