Ploiesti: interesting investment opportunity
January 8th, 2008
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Ploiesti. 60 km from Bucharest
A new trend for businesses is to rent houses for their employers in cities close to Bucharest. A good example is Ploiesti, just 60 km north.
It takes 40 minutes to drive from Ploiesti to Bucharest’s north area (where many companies have their offices) with time to be reduced when road upgrades on the way will be completed (2008). To cross the capital at high traffic hour takes 1,5 hours at least.
In the future a number of people will relocate to Ploiesti or villages on the way to Ploiesti.
This offers an opportunity to invest in central mid and top level apartments and suburb houses.
New developments are on the way offering the possibility to buy off plan.
More about investing in Romanian properties in the Independent Guide
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