Romania, new destination for investors
Fuente: SimaPress - Diego Uriarte, Oficina de Prensa SIMA08
For the first time, this year Romania will participate in SIMA. Four companies have confirmed their presence for this edition: Moscopolis Business Agency, More Internacional Invest, Impact Developer & Contractor and Alden Rei Consulting will show their sale offer in the fair. Romania has recently joined the Economic Union and has plenty opportunities for investors. The economic impulse that is happening nowadays in the country can be translated in more operation volume in the real estate market.
“Comparing with EU averages, property prices in Romania remain low”, explains Laurentiu Bujdoveanu, General Manager, Moscopolis Business Agency, Romania. “We have yielded tremendous profits in the past five years and we still having significant potential to grow and SIMA is a bridge between Europe and a gateway to Latin American real estate markets”, concludes.
“We have chosen SIMA as platform to enter in Spain”
Fuente: SimaPress - Diego Uriarte, Oficina de Prensa SIMA08
Interview with Ilias Papageorgiadis, General Manager, More International Invest, Romania.
- What are the reasons that have motivated your participation in SIMA this year?
- We are one of the leading real estate brokering companies in Romania. Based on the fact that Romanian market still having many opportunities for investments and other European markets have reduced expectations, we have created a strategy to present ourselves and the dynamic Romanian market to all the “key markets” for our country. We have chosen SIMA to participate in because Spain is among these key countries.
- What are the main goals you want to achieve in the fair?
- Mainly, we want to become well known and enter in the “top three list” of Spanish investors’ minds interested in Romania. We will show the opportunities and explain the great potential and the reasons that make Romania “the right place to be”. Moreover, we would like to share with Spanish investors our particular way to approach clients, to understand and to serve them.
- Why is Romania a good place to invest?
- Romania is a big country, with around 22 million inhabitants. It is the biggest in the Balkans region, having the critical “size” for becoming area’s leader. It already has become the local “hub” and “investor’s destination”, also due to its “key location” in the European map.
Romania is member of the European Union but, in many categories, properties prices still lower than similar ones in other E.U. countries. Also, we have a huge potential in the residential sector, as 90% of Romanians will be interested in purchasing a new residence in the next 10 years, while at least 40% will actually purchase their new home.
Another advantage for investors is legislation, fiscal code and town planning are relatively new, very flexible and practical. With more than twenty cities with over 200,000 habitants, Romania has the capacity to support investments around all the country and not only in Bucharest.
Last but not least, in Romania is really easy for a foreign investor to enter into the market, invest, make profits and do whatever they want with their capital, with no implications of any kind.
New International Pavilion
Fuente: SimaPress - María Alonso, Jefa de prensa
SIMA’s international area has been one of the spaces which grew the most in the recent years. This increasing exhibitors’ growth, along with the rising number of international visitors, has brought about the creation of a new international pavilion which will gather all the products from international markets. Up to now, exhibitors from Panama, Brazil, Dominican Republic, Colombia, Chile, Argentina, Mexico, Turkey, Bulgaria, Hungary, Romania, United Kingdom, United States, United Arab Emirates and Egypt, have confirmed their participation.
Thereby, SIMA08 visitors will find, in a same pavilion, all the properties offered by international companies, devoted to be used either as main or second home.
SIMAUSA Showcase gathered 38 exhibitors from 10 countries
Fuente: SimaPress - María Alonso, Jefa de prensa
SIMAUSA Showcase second edition gathered during three days, from November 13th to 16th, 38 exhibitors from 10 different countries, in the “must” event for Real Estate professionals form the United States: the annual NAR convention and exhibition (National Association of Realtors).
Exhibitors from Mexico, Panama, Dubai, Thailand, Nicaragua, Honduras, Dominican Republic, Romania, Spain and Costa Rica participated in SIMA Showcase second edition. Besides, NAR annual convention offered 200 professional programs, which were celebrated while this exhibition was taking place.
