About Romania,Investment Property,Romania Real Estate

Ethnically, the population is 90% Romanian and 7% Hungarian. The Romanian language, like a number of others in southern Europe, is directly descended from Latin, although Romania is separated from other Romance-language countries by Slav speakers.Romania has considerable natural resources - oil, natural gas, coal, iron, copper and bauxite. Metal-working, petrochemicals and mechanical engineering are the main industries.

Romania is a stunningly beautiful country of sharp contrasts offering property investors the potential for massive growth and the chance to own some stunning real estate. But the real estate market in Romania is in its absolute infancy and this Eastern European country is only just joining the European Union so profiting from the property sector in Romania is not 100% straightforward.

However, there is absolutely no denying the charm of the country and the class of property on offer for sale in Bucharest, on the Black Sea Coast and in Transylvania - and there is also no denying the incredible room for growth in Romania and the commitment of the government to maximise their country’s economic expansion possibilities and manage EU accession by January 2007.

It’s fair to say that Romania is tentatively emerging from the communist cloud - not for Romania the promotion of massive foreign direct investment (although it has been inward flowing regardless!), not for Romania the adoption of EU rules and regulations across the board and without argument or the modernisation of rural areas or the agriculture industry for example. Rather Romania is gently but determinedly awakening from a long history of neglect and the harsh realities of life endured throughout the Ceausescu era; and the Romanian people are beginning to adapt to the concept of a modern market economy and the development of their country to fit the European Union’s model.

There exists the potential for substantial hotel and tourist amenity development all along the 225km of Black Sea coastline with foreign investment welcome. Furthermore this area of Romania is tipped to become a very popular area for holiday homes and even retirement homes and these are just some options being explored currently by international real estate investors.

The potential for an investment made in Romania is as vast as the country is beautiful and the long term prospects for this gem of a nation are very positive indeed.