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Romania property Just like Romania’s overall economy the Romanian property market continues to move in a very positive direction. Join our Romania property forum to discuss all issues to do with real estate investment in Romania such as; accession into the EU, economic growth, falling inflation and falling interest rates.

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Administration of your Investment

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Old 28-07-2008, 02:15 PM
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Join Date: Oct 2007
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Default Administration of your Investment

For the attention of all persons who have bought in Romania with a power of attorney. Do not permit your agent to enter you into an administration contract.

We as a company charge 35 cents per meter and were horrified to hear some UK and Irish companies have commited investors to 1 euro per meter which is scandelous. However, it has since come to my atention that one particular company is entering clients into contracts of 2 euros per meter which equates to around 140 euros per month without even taking into consideration additional maintenance costs.

I cannot streess to anyone enough the importance of independant advice in your purchase. These UK & Irish cowboys are ripping off investors and giving Romania a bad name.

From your perspective, would you buy a property with a 140 euro per month charge on it? I do not think so, so bear in mind how you are going to sell yours with such a charge

Davd Howe LLB. LLM

INVESTMENT ROMANIA - Investment in Romanaia, Property management, Due diligence, Renting in Romania
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