Double Your Money in 3 Years in Eastern Europe
Date: 02/05/2008
Wednesday, Feb. 6, 2008
Bucharest, Romania
Read more about foreign real estate investing in International Living Postcards—your daily escape
Some Romanian-based real estate commentators have made bold forecasts that prices in Bucharest will grow for another 15 years. I wouldn’t dare to make such far-sighted claims, but I do believe the property market will continue to rise for at least the next two to three years.
Read On
The Best Way to Buy in Romania
Date: 01/25/2008Saturday, Jan. 26, 2007
Read more about investing in international real estate in International Living Postcards—Saturday Edition
Last week, I wrote about investing in Bucharest. A couple of readers who own real estate in Romania took issue with the following statement:
“While foreigners can’t own real estate directly in Romania, setting up a Romanian corporation to hold the property is straightforward. And the corporation can be owned 100% by a foreigner.”
Read OnCash in on Eastern Europe—Buy Bucharest Now
Date: 01/18/2008Saturday, Jan. 19, 2008
Learn more about investing in foreign real estate in International Living Postcards—Saturday Edition
I was bullish on the renovation market in Bucharest in 2005. But I’m hot on the whole country of Romania for 2008. The market has moved on from renovations…to pre-construction. And forces are aligning to catapult this market to boom status.
Read On
Transylvania: Staking out Vlad in Sighisoara
Date: 08/27/2007Inside the citadel gate, I'm stopped by three men.
Waving a fearsome-looking pike, one is clad in moleskin breeches. His smock-wearing companion beats a drum, while the third—almost dwarf-sized, wearing black velvet and a frilly ruffle—capers around jabbering in various languages.
Read On
Stranded on a Bucharest Backstreet
Date: 08/09/2007The Scotsman told him we weren’t paying anything. Not a single lei. And if he didn’t like it, he could call the police. After that, he spat at our feet, swore a blue streak, then drove off in a rage.
Read OnOne Castle, No Vampire: $135 Million
Date: 08/07/2007Be warned. You may find Transylvania’s Bran Castle a $5 disappointment. Although the castle’s rocky perch is spectacular, my garden shed is far more spooky.
Read On