In accordance with posting guidelines I wish to advise of a change in the status of my profile here.
Until now I've only bought property/premises for my own use,sale, letting etc.
However we, (myself and an irish friend) have recently bought a site and applied to build apartments for sale to the local romanian populus. We have no intention of selling these apartments to foreign investors (believe me or don't!) since we don't need to but it's only fair to state our now,somewhat, vested interest in Romanian property.
I remain available to offer any general advice with regard to company formation in Romania, land ownership, taxation issues etc. I remain opposed to Irish investment in Bucharest (it's over-rated/valued) and I still advise prospective irish investors to look at provincial cities in Romania with populations over 80,000.
I doubt that this will be the last time I stick my oar in here but it's only fair to nail my colours to the mast....(too many references to sailing I know......)
Until now I've only bought property/premises for my own use,sale, letting etc.
However we, (myself and an irish friend) have recently bought a site and applied to build apartments for sale to the local romanian populus. We have no intention of selling these apartments to foreign investors (believe me or don't!) since we don't need to but it's only fair to state our now,somewhat, vested interest in Romanian property.
I remain available to offer any general advice with regard to company formation in Romania, land ownership, taxation issues etc. I remain opposed to Irish investment in Bucharest (it's over-rated/valued) and I still advise prospective irish investors to look at provincial cities in Romania with populations over 80,000.
I doubt that this will be the last time I stick my oar in here but it's only fair to nail my colours to the mast....(too many references to sailing I know......)