Israeli and Spanish investors are now most active on the Romanian market, lured by the high profit rates that are achievable.
The Romanian real estate market registers an inflow of Israeli and Spanish investors, who took note of the high profit rate obtained both from the transactions with lands and the residential projects intended especially for the middle class, informs Rompres. In Romania, there are now over 2,500 companies with Israeli capital, according to the data furnished by the Chamber of Trade and Industry of the City of Bucharest.
“The real estate sector is by far the most attractive for the Israeli and Spanish investors. The market is dynamic, attractive and very profitable,” stated Monica Marin, manager with the real estate company EuroMetropola. The Israeli investors turn chiefly towards the lands from the areas close to Bucharest that can be used for the development of the residential projects. They have a reach expertise both in the construction technique and the investment management. The Spanish and Israeli capital turns also towards the lands likely to be used for the construction of logistic parks. They must have large surfaces, of tens of ha., and be located maximum 40 km. away from Bucharest. These investors are also interested to acquire flats in new buildings, which are in different stages of execution. The wave of Spanish investors, who entered the local real estate market in the last year threatens now the supremacy of the Romania, Israeli, Austrian and British investors.
