Hi
I have done the same and now completed the transaction.
I guess the difficult thing was finding the 70% remaining after the collapse in the Romanian mortgage market. From what I can see this is the problem most people have had.
Once bought I setill believe it is a sound investment. I have been told my apartment will be rented out quickly, not by MRI. I would avoid getting a furniture pack from MRI as this has been a source of problem for everyone who has done this.
Overcoming these hurdles there is still an extensive capital growth after 5 years or so, so it would seem worthwhile to hold onto apartment if possible.
Cheers
Forum Home » Greenfields development, Bucharest
| Greenfields development, Bucharest | |||||||||||
| hammerhead (Lite Member) | RE: Greenfields development, Bucharest | ||||||||||
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Posted: Mar 25 09 15:51 Total Posts: 10 Users Rating: unrated |
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| GARY (Lite Member) | RE: Greenfields development, Bucharest | ||||||||||
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Posted: Mar 25 09 16:36 Total Posts: 0 Users Rating: unrated |
Hi ye i am goping to keep the apartment my financial advisor has said just give up on the melbourn project i still owe 120-000 euro i paid 65000 which was then £41000 i will make them a silly offer i dont think they will accept i offered them 50000 i dont think they will take has the romanian property fallen mush do you know Thanks.
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| GARY (Lite Member) | RE: Greenfields development, Bucharest | ||||||||||
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Posted: Mar 25 09 16:48 Total Posts: 0 Users Rating: unrated |
Hi i have one in the same area i am going out in may to sort it and get a managment company to rent it and look after it long term i still think its a good investment my problem is still the furniture with mri i should have went to ikia but i trusted mri to sort it all out thats a joke Thanks.
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| hangman (Lite Member) | RE: Greenfields development, Bucharest | ||||||||||
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Posted: Mar 26 09 08:46 Total Posts: 9 Users Rating: unrated |
I just want to get out now. There are too many If's
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| GARY (Lite Member) | RE: Greenfields development, Bucharest | ||||||||||
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Posted: Mar 26 09 08:56 Total Posts: 0 Users Rating: unrated |
Hi yes its a pity when i go out in may i will let you know how i get on there is a company called groupo gfd out they are recomended by my solicitor and other people in the forum my place is beside yours i will get a good feel of the place when im ther i have a one way ticket it if it takes 3 days or 2 weeks i will get it sorted and not get ripped of mri furniture contacted me i told them i might pu;ll out of the melbourn complex loosing 61000 euros they said if i do that they can sell me somthing elce at 1st stage to try and get my money back long term they are a joke they never stop by the way capital finance the ones they recomend have disolved they are no longer in buisness .Cheers fir now .
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| P (Lite Member) | RE: Greenfields development, Bucharest | ||||||||||
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Posted: Apr 1 09 13:35 Total Posts: 0 Users Rating: unrated |
Has anyone managed to get anywhere with claiming there deposit back?
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| pserenity (PRO Member) | RE: Greenfields development, Bucharest | ||||||||||
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Posted: Apr 1 09 15:31 Total Posts: 25 Users Rating: |
I decided to sell my Flat in Quadra Place when it was completed. The service from IPA was very poor so I looked elsewhere. I gave Grupo FDP a try. They immediately found a tenant and the flat was fitted out to an economic budget without fuss. They are very responsive by email and I have to say that the service they have offered has been exceptional. The only regret I have is not trying them earlier.
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| GARY (Lite Member) | RE: Greenfields development, Bucharest | ||||||||||
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Posted: Apr 1 09 18:53 Total Posts: 0 Users Rating: unrated |
Hi how are you today
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| GARY (Lite Member) | RE: Greenfields development, Bucharest | ||||||||||
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Posted: Apr 1 09 18:54 Total Posts: 0 Users Rating: unrated |
Hi how are you today
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| GARY (Lite Member) | RE: Greenfields development, Bucharest | ||||||||||
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Posted: Apr 1 09 18:55 Total Posts: 0 Users Rating: unrated |
Hi how are you today
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