September 27th, 2007 by admin
As Romania continues its progress towards EU accession with its entry date confirmed as January 2007, so the rules relating to foreign freehold ownership of land and property in Romania are changing to come in line with the European Union’s regulations.
This bodes well for the investment property market in Romania because currently non-Romanian citizens are not permitted to own land in Romania unless they purchase it through a Romanian company structure.
The property buying process in Romania will become more streamlined and hopefully more transparent in the years following Romania’s EU entry (Jan 2007), in the meantime here’s our guide to the real estate purchase process in Romania currently.
The first objective to fulfil is the search for suitable real estate, and to this end an investor can secure the services of an estate agent in Romania who speaks English and has local knowledge of properties available for sale. An investor will likely have a strict set of criteria that his property acquisition should fulfil, and these should be articulated to the estate agent so that they can source suitable properties for viewing.
To read the whole text, click here.
September 26th, 2007 by admin
A cultural treasure trove stuffed to bursting with the ancient monasteries, churches, mosques and Roman and Byzantine ruins, and located in the very heart of the Balkan Peninsula is Bulgaria. Investors Provident have recently launched their investment section on Bulgaria and offers its clients some very diverse and high capital growth investment opportunities.
Since its escape from the yoke of communism, Bulgaria has struggled to join the modern world. It became a member of NATO in 2004 and is due to join the European Union in 2007. With the Black Sea to the east, Romania to the north, Serbia and Macedonia to the west, and Greece and Turkey to the south, it’s a country that retains a charming mixture of the old and the new.
To read the whole text, click here.
August 21st, 2007 by lana
Can foreign investors buy property in Turkey?
What are the documents needed for purchasing a property in Turkey?
What do I have to be careful with the registration?
Are there any guarantees with newly build properties?
( for more info click here)
August 21st, 2007 by lana
This is the latest Sunday Times property buying guide and this time it focuses on an emerging property hotspot, namely Turkey. The Sunday Times property buying guides are published by Cadogan Guides and they all follow a similar structure and use personal case histories to illustrate the wealth of invaluable information included about the particular country being discussed, its property market and the entire buying process. ( for more info click here)
August 21st, 2007 by lana
1. Information on Turkey
2. Legal and financial information
3. General questions
( for more info click here)
August 21st, 2007 by lana
Purchasing property in Turkey is becoming increasingly ((what? there’s an adjective missing here that the whole sentence is hingd on)) with holiday home owners and investors around the globe. ( for more info click here)
August 20th, 2007 by lana
WHO AM I DEALING WITH?
If you buy property in Turkey you must realise that you are dealing with the legal seller. Many estate-agents act as a mediator between buyer and seller although, in most cases, they are not the legal proprietors. ( for more info click here)
August 20th, 2007 by lana
Turkey’s economy is 59.3 percent free, according to our 2007 assessment, which makes it the world’s 83rd freest economy. Its overall score is 0.9 percentage point higher than last year, partially reflecting new methodological detail. Turkey is ranked 34th out of 41 countries in the European region, and its overall score is lower than the regional average. ( for more info click here)
August 20th, 2007 by lana
Buying property in Turkey is a lot easier than in many other European countries. Foreigners may purchase land and properties in Turkey in their own names as long as they are located in towns all around Turkey. ( for more info click here)
August 20th, 2007 by lana
You Can Receive a Tax Refund for the Goods You Purchased In Turkey. ( for more info click here)