Romanian daily Ziarul Financiar reported that several foreign investors in Romania who had bought apartments in early stages of development, were putting those apartments up for sale at a significant profit even before construction had finished.
In one case, 42 sq m studios which were sold for 50 000 euro plus VAT in the autumn of 2006 when construction started, were now being put on the market for 107 000 euro, VAT included.
For the full article, see propertywisebulgaria.com
