PROFIT PLOTS™
BUCHAREST
A new concept in land investment in Romania
Romania Report presents a new concept in land investment in Romania"Profit Plots™ ". Land is arguably the most profitable form of investment in any country. However, many countries, including Romania place restrictions of foreigners acquiring pure land. This is just the start of complications investors experience when to tempting invest in land foreign location. With "Profit Plots™" all of those obstacles are surmounted and exceptional land investment opportunities are easily accessible to ready investors at all investment levels.This new concept, explain in detail below, is presented by a team of investment experts in Romania who locate stellar land purchase opportunities and negotiate a short window for our investors to buy plots of land in that site
Located in the mountain resort of Sinaia, this terrain is one to really want. It has access from the National Road no.1, it's located at the southern entrance to the city. ...
Prahova Valley (Romanian: Valea Prahovei) is the valley where the Prahova river makes its way between the Bucegi and the Baiului Mountains, in the Carpathian Mountains, Romania. It is a tourist region, situated about 100 km north of the capital city of Bucharest.
Geographically, the Prahova river separates the Eastern Carpathians chain from the Southern Carpathians. The actual DN1 road, that links Bucharest with the city of Braşov and the future A3 will be built along the Prahova Valley.
The area contains the main oil reserves in Romania having a long tradition in extracting and refining the oil. The county is heavily industrialised, more than 115,000 people being involved in an industrial activity. It realises over 8% of the country's industrial production. Some of the biggest international corporations likeCoca Cola, Unilever, Interbrew, Michelin, Timken and others have invested heavily in the recent years.
In the past few years, investments were largely aimed at improving infrastructure and ski slopes, as they are the main attractions, but money was also directed at the real estate segment, especially the residential sector.
The region is a popular destination for mountaineers and for wintersports fans. The most important resorts are:
Predeal , Sinaia, Azuga, Busteni, Comarnic, Breaza.
As an exclusively tourist area, the real estate market in Valea Prahovei is mainly focused on the residential and land segments.
The market offers both old apartments (built after 1960) and new flats, old houses (1920-1960), new villas and pensions.
In Sinaia, the most popular areas are Furnica, due to its vicinity to the Peles Castle (former summer residence of the royal family and now a museum) and Cumpatu. In Busteni, Piatra Arsa district is in very high demand, due to the exceptional landscape. In Azuga, Satul Nou tops the investors' preferences because it is very close to the ski slope, whereas in Predeal people are looking to buy homes in the Cioplea and Trei Brazi areas.
Although investments in the past few years have been significant, supply still fails to meet the demand of residential space in Valea Prahovei. Consequently, each new development is rapidly absorbed by demand. For instance, in Azuga, construction works for a new district, comprising five duplexes, debuted last year, but the project was sold even before it was completed.
As an effect of the obvious supply-demand imbalance, prices for residential space in Valea Prahovei surged in 2005. Entrepreneurs continued to buy land in order to erect profitable locations, which they can then rent or sell, thus developing new buildings, residential complexes, hotels and pensions.
At the same time, demand also originated from natural persons willing to buy land in order to buy their own holiday homes.
