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Romania Property

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Romanian property is a superb opportunity for property investors, giving high capital growth in its first ( Bucharest ), second ( Cluj-Napoca , Brasov , Constanta ) and now third tier cities ( Baia Mare ) and towns.

Bucharest investment property has performed well in the last 12 months, with investors seeing growth as high as 40% in 2007. Bucharest property will continue to rise in price, fuelled by increased wages and the availability of credit in the form of a developing mortgage market. Add in the fact that most Romanians own their own homes and can afford to "trade up" to new build property with very little borrowing, and the future for Bucharest property prices is bright.

This growth - and the drivers behind it - is spreading out to Romania's second and third tier cities as well. Brasov property, Cluj-Napoca property and Constanta property are all enjoying their own significant capital growth increases.

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