Iasi - historical city with good perspective
January 8th, 2008
| 
Print
| 
Tell a friend
Most important city in Moldova, Iasi is a big cultural and economical center with fantastic architecture.
Many big companies are investing in Iasi region with other investments on the way.
The IT sector is booming with many call centers and IT centers transforming the economical landscape. IBM Romania has expended to Iasi, Transaction Systems Architects (TSA) recently opened its new division in Romania, Iasi.
US-based Amazon Inc. (NASDAQ: AMZN), the operator of the largest on-line shopping portal, Amazon.com, recently opened a major software development center in Iasi.
This new economic trend is transforming the real estate market as well. Well paid employees are increasing the demand for modern, medium cost apartments both for renting and buying.
Developers are on the way to serve this demand with new project in course of completion and others to be started.
Prices start from €50,000 for a two bedroom apartment and rent from €250-300 a month.
Worth to say that Iasi historical buildings are a fantastic opportunity on medium term with interesting possibilities to rent as offices or top level management residence.
More about investing in Romanian properties in the Independent Guide
Write your opinion about the article