4. Invest in land Land investments have consistently outperformed property investments in Romania over the last three years. Depending on your available capital and preferred investment duration, buying land at low cost in strategic locations can bring stunning returns. As more and more property is being built, less and less land is available and of course this will increase land prices faster than property prices. Beware though, this is not an investment to take lightly, you need to have a very accurate knowledge of the market, especially prices, locations, zoning plans of the local authorities, etc. Only venture in this direction with reputable and reliable real estate and legal advisers.

5. Invest in renovation projects Renovation projects, whether in the capital, a major city, holiday resort or a historic town can be a very lucrative investment. The costs vary depending on the location, type and size of the project, but impressive returns can be achieved in a matter of weeks. Should you aim for low cost renovation projects, head for a small town or a well-known village in a popular tourist area with good access. Here you can start with the lowest possible capital, often under £10,000. Beware the weakness of such a location though: the resale market may be very slow and it could take you a considerable amount of time to sell your renovated property.

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