The blog of mr Ilias Papageorgiadis, a collectionod stories, experiences in Real Estate during his lifetime throughout his 5 years in Romania. "The winter was just about to enter in the Romanian capital and the temperature was below, that cold evening of November, 2005. The trees did not carry many leaves anymore and all people were walking fast, trying to reach their destination and protect themselves from freezing....."

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Investment in a new apartment is one of the most important moments in the economic life of everyone of us. Statistics say that we usually buy 1 – 3 dwellings during our life, so every mistake counts. There are tens of people I know who bought an apartment in new block. Unfortunately for 30% of them, when they received their new home, their feelings were ranging between despair and anger. Very bad quality of finishings, many structural problems, several lies comparing to the promised quality. The result: They had to invest some extra 5.000 – 30.000 euro, in order to fix the mess, if it could be fixed. How can you be protected against cases like this?

(most recent article among the 4 written by this member)

During the period 2004 – 2007, we could observe prices rising on every day of every week. During this “race” a friend of mine used to call me every month. After the usual pleasantries, his only real question would eventually emerge: “So, Mr Romanian... do you people still climb over there?” He was referring to the prices… “Where are you now? At what height?” Being Greek, and coming from Katerini which is very close to (the famous) mountain of Olympus , my replies were always describing landmarks of the mountain. In the beginning I was talking about the roots, then I went up and up… it was 2008 when I told him that we reached Mytikas top, the highest level of Greece , 2.918 metres.

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Why investing in Romania.