Village - Off - Telegraph.Co.Uk - Overseas Property: Ready For Take
Overseas property: Ready for take-off - Telegraph.co.uk
 Telegraph.co.uk | Overseas property: Ready for take-off Telegraph.co.uk, United Kingdom - The infrastructure of transport, local shops and facilities in Romania "lags a little behind Bulgaria". A new book, Buying Property In Romania (£9.99, ... |
Another big winner, with a plethora of new budget routes this year is, perhaps surprisingly, France, with new flights to Rennes, Beziers, Bergerac, Pau and Nantes. Easyjet has started flights from Gatwick to Bucharest. He is buying a £50,000, one-bedroom apartment in mediaeval Brasov, Romania's seventh largest city, of just under 300,000 people. He says security for properties left empty tends to be better in resorts and tourist areas than in rural areas. High flight frequency, low cost, and ease of travel are key requirements, especially if an investment property is to be rented out successfully.On those criteria, Romania seems destined for success. New build three-bed villas near the capital cost €200,000.Buying a home is relatively straightforward. Romania has seven budget airlines of its own and is already a busy destination for low-cost services from elsewhere in Europe.All this is good news for investors who got in early, such as Philip Groves, a marketing consultant. When let out, near-airport properties secured 30 per cent higher rents, too. Wizz Air is expanding its services from Liverpool and Luton to Bucharest, as well as launching a new route from Luton to Cluj in the Transylvania region.
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