Sibiu - Good investment for smart investors.
January 8th, 2008
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Sibiu
European Capital of Culture in 2007, Sibiu is a medium size, well developed city in center Romania.
Important economical, tourist and university center, Sibiu was a german community in the past known as Hermannstadt. (the mayor is a representative of german community).
The city has his own international airport with regular flights to Germany and Italy cities, also to Paris, Vienna and Bucharest.
Targeted by many big and medium investors, Sibiu offers a solid growth real estate market.
City center has a fantastic medieval charm, with old buildings recently renovated.
Prices start from €50,000 for one bedroom apartment, with many bargains on the market.
Ideal property will be one ore two bedroom apartment, close to historical center, in good condition, suitable for tourist rental.
Buy to restore will offer great return.
More about investing in Romanian properties in the Independent Guide
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