Romania – huge returns on property to be made
Romania was recently highlighted by Channel 4’s A Place in the Sun as the best place for property investment returns. One of the big reasons behind the predicted increase in the Romanian property prices is because Romania looks set to join in the EU. This means now could be a fantastic time to invest in Romania, before the prices start to increase sharply. Historically, once a country has been given its accession foreign investment starts to enter the country and the country gains extremely good economic prospects. Romania will also introduce the Euro as an official currency. The Accession Treaty to the European Union for Romania was signed on 25 April 2005 and it is expected that Romania will become a member of the EU in the next year or so.