More details on those properties, as well as on opportunities in Bucharest are available for readers by contacting me directly.
One final piece of advise - the majority of North American investors who have contacted me come with a sound American mentality related to real estate investment. No doubt, this mentality is tried and proven in America and represents a very successful model for property investment on that continent. Europe and Eastern Europe in particular represent dynamically different markets that require the investor to approach an investment in this region with an open and teachable mind.
This has caused a much higher success rate among European and International investors to date in Romania then for American ones.
The tried and true model for cashing in on the amazing changing face of Romania and particularly metropolitan Bucharest, tweaked and perfected by professionals from the West operating in this region, has proved to be the best model to follow.
Perhaps the Irish Times article, summed it up best ".... the key thing is to have good contacts, local knowledge, and someone here who you can trust."
Romania presents the opportunity to make extremely profitable investments in a future superstate of the European Union. It represents the transformation of a nation where 30% of the population has never turned on a light, into a Western cosmopolitan nation at a maddening pace. Under control, this chaos can be extremely profitable for the savvy investor.
Kevin Stillmock has been on the ground in Romania advising foreign investors for the better part of a decade. He can be reached at kevin.stillmock@romaniareport.com or at his site http://www.romaniareport.com