Romania is a kind of terra incognita not only in the European real estate market, but also in the field of tourism – except for the Black Sea coast of Constanta, Dracula’s castle in Transylvania, Gypsies, Ceausescu regime and the legendary Negresco hotel in Nice, named after its Romanian founder, – little is known about this country.
Romania in 2007 became part of the European Union, but so far has not joined the Schengen countries. True, news feeds report that in order to enter the Schengen zone, the country needs to fulfill a number of EU requirements, and this issue will have to be resolved in the foreseeable future. A similar situation is now with Bulgaria and Croatia, where it is also necessary to make national visas for entry, however, if the passport has multiple “Schengen”, then all three countries can be visited without problems. Continue reading
Foreigners have invested in real estate in Budapest a long time ago, including the Russians – most of those who purchased housing in the Hungarian capital more than five years ago now reap the benefits of their investments, since local property prices have doubled since then, and in some areas even several times.
Budapest is a popular tourist resort town, known for its unique architecture and thermal baths, high level of service and a variety of cultural programs. Also, the Hungarian capital boasts an excellent climate and environmentally friendly products. The city is famous for being a large student center due to the high level of education of world-famous local universities. Continue reading
The United Arab Emirates today is a country where investments from all over the world flock, and most often foreigners invest their money in local real estate, which is represented in the UAE in a wide variety. Consider the whole process of buying square meters in this country.
When making a choice in the UAE, it is important for yourself to decide on the purpose of buying real estate – for personal use or doing business. Based on this, it will be clear where exactly it has to choose. Dubai is the main center for the concentration of the commercial and residential real estate market in the UAE, but there are several more emirates that are opting for – Ras al-Khaimah, Sharjah, Ajman and Abu Dhabi. Moreover, the purchase procedure is approximately the same in all the UAE. Continue reading