The Real Estate Investments in West Europe, that president Bush called Old Europe in one of his speeches, registered a boom in the times of Marshall Plan, when Old Europe had to be rebuilt. But that plan wasn't accepted by East European Countries because at that time, these countries were left in soviet zone. After the fall of the soviet empire and the entrance of east European countries in European Union, new plans to rebuild the New Europe are catching contour. As in the first case, when after the WWII the whole West Europe had to be rebuilt, and the capitals were first reconstructed, now, in East Europe, after the Cold War, the whole part of the continent needs to begin a new development, and the Capital Cities will have the first place and the most attention in development.
The other towns and the rest of regions in these countries will follow closely after. Speaking about the last country that was admitted in Europe Union, Romania, and it's capital, Bucharest, is to say that already, the developing of its economy has began after the fall in the last 17 years. Bucharest already has 2 Million people and is continuing to grow, people coming here from the rest of the country, looking for jobs. Known as Little Paris between the two World Wars, Bucharest has remained too little for people who live in.
This is why new projects are in work at the General City Hall that is previewing the future extent of the city. All investors that understand to profit of the new development of Bucharest, will have the opportunity to participate at building the extent Bucharest, called Metropolitan Zone of Bucharest. This project is financed by The Institute for an Opened Society based in Budapest. More details about the development of Bucharest can be found in pages of City Hall's site: http://pmb.ro/. The productivity of Real Estate Investments are exceptional in Bucharest, the price needed to construct a building for apartments or offices is under 400 Euro/square meter, the prices at the selling are over 1000 Euro/square meter.
Author Victor Marcu is the Owner of one of the First Real Estate Company's in his Country, Romania, and has an Experience of 12 Years of Work in this Field. His Office is well placeced in the Very Center of the Capital City, Bucharest. Is Member of Romanian Union of Real Estate Agencyes: UNAI. He also has a Degree in Mechanics at Politechnic Institute of Bucharest and worked at the Planning and Building of some Industrial Plants in Bucharest and Other Towns of Romania. Is also a Specialist in Evaluation for Real Estate. To search more about properties in Romania and it's capital Bucharest, open his sites: http://www.imobiliare-vittorio.ro or http://romanianproperties.net.
Source: www.articlesbase.com
