Property experts project an Annual rate of return of :
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Excellent value, new 2-bed and 3-bed apartments in the booming, attractive medieval city of Sibiu which is the European City of Culture 2007. This is set to bring ten of thousands of visitors to discover this beautiful medieval city during the summer of 2007. This should significantly raise the profile of the city, encourage further investment in the city and provide a boost to the real estate market in the area.
The city is growing rapidly due to upgraded international airport, new industrial parks on the outskirts of the city and central location within Romania.
These apartments are being developed by a private developer and therefore the apartments are being sold without the usual 19% VAT added onto the price. This provides an instant discount to buyers over other larger developments which are subject to VAT
