Property for sale in Moldova

1/ Capital: Chişinău

Is the capital and largest city of Moldova. It is also its main industrial and commercial center and is located in the center of the country, on the river Bîc. Economically, the city is the most prosperous in Moldova and is one of the main transportation hubs of the region. Get more information on property for sale in Chisinau.

2/ Country: Moldova

Is a landlocked country in Eastern Europe, located between Romania to the west and Ukraine to the north, east and south.

3/ Property for sale in Moldova

Moldova is a poor country, but it is one that is looking to turn around its stagnant economic performance in coming years. An impetus on foreign investment coupled with EU aspirations is pushing the nation towards a more prosperous future. Things are still progressing very slowly, but the fact that the World Bank has agreed to restart its aid packages to the country shows that there is a feeling the country is on the right track.

Chisinau is the most popular area for property, but even so prices are not that high. Nevertheless, certain factors mean that prices have been pushed up in recent years and there aren’t really any absolute steals like there were at one point. Even though this is the case, there are still bargains to be had, and with prices increasing slowly but surely there is a fair bit of potential for capital appreciation in the area.

Rental property can be a profitable investment in Chisinau, Moldova. During the last 3 years apartments as well as construction plot prices have risen up to 50% per year. In 2009 it is expected that the real state prices will grow about 20%. From 2007 Moldova is a neighbor of the EU (Romania join EU in 2007). Also from 2007 visas are no longer be needed for tourists coming to Moldova. These are a few of the reasons why investors should hurry up and profit from the growing real estate market here.