Foreign nationals arriving to Moldova for the National Wine Day will benefit from free visas

Foreign nationals visiting Moldova for the National Wine Day will benefit from free visas. Corresponding decision was adopted by the Republican Event Organizational Committee on September 15th, according to INFO-Prim Neo.

The visas can be obtained free of charge in the Embassies and Consulates of the Republic of Moldova abroad in the period from September 26th through October 27th.

The National Wine Holiday in 2008 will be celebrated through all the country. The starting ceremony will take place in Chisinau on October 11, 2008. The central square of the capital will be decorated in a style of the traditional Moldovan yard. Vines and grape leaves will transform the square into a crown of grape vines. The country-side style entry with gates and fence made of twigs will be welcoming the festival guests.

The Triumph Arch and pillars on the corners of the Great National Assembly Square will be also decorated by vines. Scenes of wine-making process will be also presented to the public, organizers specified.

A wide cultural program includes folk troupes, folk and pop singers. During the National Wine Day, purses will be given within the framework of seven thematic competitions, “Gold Barrel”, “Young Wine”, “Dionis”, “Best presentation of the national cuisine” among them. Besides, the Higher Premium for 2008 will be awarded.

The Wine Day will be concluded by fireworks and festal round dance.

Moldova traditionally celebrates the National Wine Day on the second Sunday of October annually. This year the holiday will continue for two days – Saturday and Sunday, 11-12 of October.

UP TO 30% DISCOUNTS ON NEW EXECUTIVE APARTMENT

A new executive apartment for short term rent in new elite apartment building just off Stefan cel Mare is available from 45 EUR/night. GREAT PRICE FOR A GREAT PLACE!
See discount information on the apartment page and book on-line.

Best Lodging Apartment service offers a wide selection of apartments for immediate short-term visit in Quick Rent Section

Construction land for sale, Burgas, Bulgaria

During last period of time, Bulgarian seaside properties proved to be a good investment.

Imobil Invest would like to offer for sale two construction landplots close to Burgas:

1. 4314 m2 residential construction land - 800 m2 from the sea-shore
2. 5592 m2 residential construction land - less than 400 m2 from the sea-shore with the sea view

Please contact us for plans, pricing, site visit.
Contacts in Moldova:
+373 22 270075
+373 69 101359

Imobil Invest Blog: Luxury Downtown Apartments Chisinau, Moldova

Imobil Invest Blog: Luxury Downtown Apartments Chisinau, Moldova

Office space for sale downtown Chisinau

Investment opportunity from Imobil Invest! Commercial properties in Moldova and other Eastern European countries are on the rise despite the world crisis of residential properties.

This time we offer a 4-level office/commercial building in historic area of Chisinau downtown. The 100-years old building was reconstructed in 2000-2003.

Total useful space presently three levels of 450 sqm, expandable to 550 smq at the attic floor.
Floor sizes:
1. Underground floor (separate entry from one of main streets) - 130 sqm
2. Ground floor - 137 smq. Separate bathroom on the floor
3. 2nd floor - 186 sqm. Open space, separate bathroom on the floor.

The building is self-heated, airconditioned. Comminications - several phone number, gas, industrial electricity supply 50kW/hr.

Buyout option for residential space in the back of the building gives the opportunity of brand-new construction of 2000-4000 sqm of space (commercial and office).

The building is located in one of the most active commercial areas of the city. Presently, it generates cash flow from rent to commercial tenants.

Reserved parking for 6 cars in front of the building. Additional parking and storage area - in the back of the building.


Building pictures

For more information and price quote please contact us

Privatization of stocks and property through a competition. Deadline July 28, 2008

Please be informed that on July 1, the Public Property Agency announced competition for three 100% stakes of State companies and eight Real Estate/production properties.

Among them are concrete production facility, pharmaceutical production and distribution enterprises, buildings downtown and in good areas of Chisinau, a restaurant, a distillery, etc.

The deadline for document submission is July 28, 2008.

Please contact us for further information, detailed listing and competition participation.

Information is provided by the Ministry of Economy of Moldova.

Large Privatization in Moldova - thermal plants and much more!

Thermal Plants put up for sale

July 3 2008

Three Thermal Plants – two from Chisinau and one from Balti in which the state has a 100% stake -- will be included on the privatization list, as the Government endorsed the respective legislative initiatives on June 2, Info - Prim Neo reports

Setting these plants for privatization is part of the Energy Strategy providing for increasing the local capacities of generating power. Now Moldova produces locally only 1/3 of the power it needs, depending on external sources, especially Ukraine. Officials regret the plants' equipment is worn out, the investments needed are big, as the Government does not have the money. Moreover: it takes a relatively long time to recuperate the investments in this sector – some 10-15 years. On the other hand, modernizing their equipment could better the consumption of the natural gas important to produce electricity, they say.

Officials say investors from Spain, the Czech Republic and Russia are inclined to buy the plants.

The legislative initiative also provides for privatizing the state-run company Air Moldova, the Parliament's Cafe and Codru hotel.

Under the law, the list of the public assets to be privatized is made up by the Government.

On Wednesday,July 2 , the Economy Ministry announced the next auctions round selling state stakes in companies for September 22 on the Moldova Stock Exchange. The state puts up for sale SA “Tutun – CTC”, state's stake 90.81%, starting price 300 million lei; SA “Magazinul Universal Central “Unic”, state's stake – 82.29 %, starting price – 300 million lei; SA “Sigma”, state stake – 71.67%”, starting price – 35 million lei; SA “Zorile”, state stake – 60.26%, starting price – 44 million lei; SA “Micron”, state stake – 72.11%, starting price – 13 million lei; SA “Floare - Carpet”, state's stake – 59.49%, starting price – 72.5 million lei; SA “Introscop”, the state's stake in which is 60.17% and the starting price of the assets being established at 32 million lei.

Info-Prim Neo

P.S. By information provided by the Ministry of Economy, additional information and details on present privatization round conditions, timing, etc. can be obtained after July 7, 2008.
Please email us or call at +373 22 270075, +373 69 101359 for details and possibilities of participation in this privatization round.

Fresh and Hot: 2-bedroom apartment downtown Chisinau for sale

JUST IN

A two-bedroom apartment in historic part of downtown for sale.

The apartment is located 2 blocks below Stefan cel Mare blvd, in a two-story building on the second floor.

Apartment amenities: gas hot water heater installed, central heating, cosmetic renovation. Feature: high ceilings - ~4m. Great and convenient floor layout. Total size 64.4 sqm, relatively large bathroom. Can be used for living immediately.

Building features: clean, secured yard, small number of neighbors, nicely renovated stairs, parking in the yard available. Built in 1950s, the building features wide walls (~1 meter), little number of main walls (suitable for reconstruction).

Area features: historic downtown, easy access to public transport, cultural attraction, business and Government structures, central market and bus station.

Price: 77 700 Euro

Contact info: info at imobilinvest.com, +373 22 270075, +373 69 101359, +373 69 103669

Apartment pictures: coming soon

Two-bedroom Investment property

Location: Downtown Chisinau (2 min walk from Stefan cel Mare Boulevard)
Description:

Apartment

Total size 125 м2, located on the 8th floor of 8. Fully repaired and equipped with modern furniture and appliances. Kitchen - 20 sqm, 10sqm-bathroom. Two full bedrooms. The apartment is self-heated and airconditioned. Ready for renting our or living. The apartment comes with one sub terrain parking.

Building

The building is located downtown Chisinau, 2 min walk from Stefan cel Mare Boulevard. One of the most prestigious buildings in the City. Secured yard, playground, sub terrain and in-yard secured parking.

GREAT INVESTMENT IN RENTAL PROPERTY ON COMPETITIVE PRICE

Price: 185 000 EUR (UNDERGROUND PARKING INCLUDED)

Contact: info at imobilinvest.com, +373 22 270057, +373 69 101359

Cash cow for sale - 2-room apartment on Stefan cel Mare for sale

SOLD

Best Lodging apartments sometimes changes owners, but the cash flow continues.

A one-bedroom apartment on Stefan cel Mare blvd for sale!

A new cozy apartment with a modern design situated on the main street of the city - Stefan cel Mare si Sfint. The plastic windows isolate the apartment from the sounds of a big city. There are 2 boilers installed - one in the shower, and the other one in the kitchen. The entrance is protected by a coded door.

The apartment is located on the 10th floor, providing a great view on the city West and East directions.

Fully furnished and equipped with air-conditioning and self-heating systems, the apartment generates significant cash flow for your investment.

Property details

Price: 75 000 EUR

Please contact us for more details. Imobil Invest will put 10 years of its experience to help your investment and its payback in Moldova.
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Foreigners are allowed to buy properties in Moldova without limitations. Limitations exist only on purchase of agricultural land.

Special Holiday Offer from Best Lodging

ACCOMODATION and PROPERTY SERVICES CHISINAU, MOLDOVA Monday, April 21, 2008 Special Offer from Best Lodging Holiday Offer - short term executive apartments on Stefan cel Mare 25% DOWN Special Price* 50 EUR/night Cozy and comfortable apartment downtown on Stefan cel Mare blvd., just two blocks from the City Hall. Convenient furniture makes your stay comfortable. Fully equipped and furnished. Bedding and linen come with the rent. Self-heating and Air-conditioning!!! Details Special Price* 50 EUR/night Great place in great location. Recent renovation, fully equipped and furnished. Self-heated, including floor, airconditioned! Details * The offer applied to orders min. 7 nights in period between April 21 through May 9, 2008 Real Estate Services Can not find the ideal property? No time to search for properties? It does not matter, whether you are renting or buying! Save your time and money by delegating the property search and primary selection to our company. Experienced specialists are ready to provide property investment consulting, cold calling services, market search, site visits, price estimation, documents control and deal closing. tel.: +373 22 270075, +373 22 69 103669 E-mail us Best Lodging, http://www.bestlodging.biz

Downtown Office for Sale - Listing update

SOLD

Commercial properties in downtown Chisinau presently are among the most attractive investments. Compared to investment in downtown residential properties, the gain is 30-50% in revenue.

New property for sale:

Fully renovated office space in elite area of the city. Located at "Embassy" street Mateevici, next door to a diplomatic building. Two minutes walk from the State University.

The space is located at the ground floor of a newly constructed five-story apartment building. 24 hour security.

Total size: 125 m2
Rooms: 3 spacious rooms + a storage/archive room
Kitchen: yes - separate
Bathroom: yes - separate


Internal design is just finished. Self-heated, internal computer network tracked. 2-4 permanent parking lots included.

Great Investment and Rental potential

See pictures, and contact us for more details.

Invitation to view Imobil's Gallery

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Luxury Downtown Apartments Chisinau, Moldova

Great investment opportunities arise in Chisinau, Moldova.

Here are some of them.

FOR SALE

1. 2-room elite apartment
(Income generating property)


An apartment in one of the most prestigious apartment buildings in the city downtown. Located 2 min walk from the main street. The building was completed in 2003, as one of the first mortgage projects. The apartment is located on the 8th floor with a great view. Size: 96 sqm. Internal design completed in 2004. Fully furnished, self-heating, air-conditioning.
Presently rented to long-term tenants. Basic lease term expires in August, 2008. Building facilities: underground parking (additional), outside parking, security, building management, cable TV, Internet, spa and food market.
Floor plan and pictures


2. 3-room apartment Lara City
(Income generating property)
An apartment in one the most prestigious apartment building in the city. Located 2 min walk from the main street (see Map1). The building was competed in 2003, as one the first mortgage projects. The apartment is located on the 8th floor. Size: 125 sqm. Internal design completed in 2004. Fully furnished, self-heating, air-conditioning.

Presently rented to long-term tenants. Basic lease term expires in December, 2008. Building facilities: underground parking (additional), outside parking, security, building management, cable TV, Internet, spa and food market.
Floor plan and pictures


Contact us for pricing and more details

Roumors say that GM Building in New York will be sold this month

Bloomberg News report that "New York real estate developer Harry Macklowe plans to sell the General Motors Building on Manhattan's Fifth Avenue this month to help repay debts..."

At different information sources state, the cost of the deal will be around 3 billion dollars. This will be the largest Real Estate deal ever in history of New York.

Analysts predict that successful settlement of the deal will provide a boost to New York Reast Este prices, and help support the mortgage crisis in the US.

GE Building was built between 1931-1933, and was resold several times on always higher price.

Apartments market in Chisinau

Investment in Real Estate in Moldova was popular for a number of years. Due to high rate of growth in property market and attractive rental potentials, many small investors prefer to invest their savings into apartments in the capital of the country - relatively liquid asset with the capacity of bringing continuous revenue.

As the trust to banking system was blown away with a number of bankruptcies of some financial institutions, and large scale fraudulent schemes during and after the collapse of the USSR, real estate became the niche for personal investment.

During 2001-2008 apartment prices in the capital went up 7-10 times. At the same time average rental potential changes 3-5 times.

Moscow properties are among the most expensive, and the average rental potential is estimated at 5.18% per year in 2007. In most of Eastern European countries, rental yields do not go over 6.5%, according to Property Secrets.

Chisinau, with much lesser prices still provide an average of 7-12% per year rental potential, added by a moderate (10-15%) price growth per year.

Real Estate and Land in Moldova

Properties in Moldova are on the rise for last 5 years

Republic of Moldova is a country smashed between Ukraine and Romania.

Since the Soviet Union break-up, the country maintained its independence. After the collapse of the empire, the country chosen to develop a democratic market oriented country.

With expansion of EU, Moldova became neighbor country of the European Union. This issue along with continuous economic growth in the country triggers property prices in the country to keep on an uptrend. Underestimation of economic costs of properties and land allow successful development of projects in Real Estate with very attractive margins and growth perspectives.

Presently, Moldova Real Estate and land market are growing at 10-20% and 30-50% per year respectively.