Tuesday, February 12, 2008

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 So
viet 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.