The East European property revolution is about to begin
If you’ve ever wondered where you can find a property
offering you both *high rental yields*
and …*high capital growth* …
… well now we have the answer …
…by being part of the property revolution that is about
to sweep Eastern Europe.
I believe that when the Eastern Eight – the Czech
Republic, Hungary, Poland, Estonia, Lithuania, Latvia,
Slovenia and Slovakia – join the European Union in May
this year, Europe will enjoy the biggest economic and
property boom it has experienced in at least the last 10
years.
Investing in the Eastern Eight now has the
potential to make you huge profits by offering you a
chance to enjoy high rental yields and high capital growth!
However, when most people think of East Europe it conjures
up images of under-developed, poverty-stricken,
uninspiring places. However, this image is very wrong.
o Investors in the know consider this zone to be the
hottest around – and East European Property Secrets
confirms this.
A revolution is about to happen in the Eastern Eight -
firstly, joining the EU means investing in this area is a
fantastic proposition.
As happened to UK, Spain and Ireland, when they joined the
EU, these countries received huge amounts of Foreign
Direct Investment (FDI) for over eight years *after* they
had become EU members.
o Already, foreign and EU money is already pouring into
Eastern Europe to stimulate economic growth,
competitiveness and new jobs, and is set to increase
massively.
o Secondly, with post-war communist housing – which was
built cheaply to deal with the large number of homeless –
literally starting to crumble away, the building of new
properties will be encouraged (and property taxes slashed)
to bring these countries in line with the rest of the EU.
o And, demand for property will be high – it is
estimated that around a staggering third of the total
population of the Eastern Eight will need to be re-housed
in the next 20 years – that is around 24,116,000 people
looking for somewhere new to rent or buy.
* E. Europe is favourite for 46 per cent of US Business investors
The countries can expect an economic boost from increased
trade and inward investment after May 1 – with a recent
poll of top US firms revealing that 46% consider Eastern
Europe as their favourite location for investment.
* Top Economists forecast ‘Economic Miracle’
In addition, a top economist has predicted the states
awaiting EU enlargement in the spring will experience an
“economic miracle”.
Hans-Werner Sinn, head of the IFO economic institute – one
of Germany’s top think tanks – says economic growth in the
Eastern European accession countries will be comparable to
that of West Germany after the Second World War.
The Wirtschaftswunder that began in (old) West Germany in
1945 and ran for 15 years until 1960 saw the country
transform itself from a burnt out wreck, to a leading
western economy. In the decade from 1950 to 1960, German
worker productivity grew at 6% per year compared to just
2% in the USA!
And, worker productivity translates into higher wages and
that translates into higher property prices. Which means
big property profits are coming the way of the East
European property investor.
o How to work out whether this is the market for you
and how to form your own personal strategy to maximise
your profits
o What is so exciting about investing in this region
o Maximising the Eastern European investment
opportunity – and being cautious
o Looking at the Irish experience (where joining the
EU boosted its property and economic markets) and ask
whether it will be repeated across Eastern Europe
o Pluses and minuses of investing in the Eastern
Eight …what is so good and what could be risky?
o Where to target your investment – from tourism to
business investment to superstores and shopping mall
developments -
o The secret of success – choosing the right
location. Country by country risk and stability rankings
o The twelve-step plan for successful property
investment in the Eastern Eight….legal advice, selecting
an estate agent etc
o Financing your investment and the best countries
to invest in. Plus where not to put your money
o For each country, a comprehensive breakdown of:
Business and the Economy; Property Market potential and
how the market works; Finance: Investment verdict; plus,
details of relevant legal bodies -plus much more
For more information about buying in Eastern Europe how you can be one of the 1st in the next BIG property boom :
Looking to invest in property in Bulgaria ?
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Looking for a guide about investing in Bulgarian property ?
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Romania’s property market is HOT !
Although that is not to say that investing in Romania today is as mad an idea as most people would probably think it is. With great beaches, amazing undisturbed scenery and a capital city once known as “Little Paris”, we believe that in terms of tourism status alone, Romania is currently where the Czech Republic was around a decade ago.
What’s more, with a stabilising economy and foreign investment from companies like Daewoo and Renault flooding in faster than in almost any other country in Europe … we could also be about to see the beginning of the next economic miracle.
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