RESIDENTIAL PROPERTY IN ROMANIA FROM 6 000 000 💷 GBP

Location:
ROMANIA
Category:
RESIDENTIAL PROPERTY
Type:
Castle
Beds:
-
Currency:
£ GBP
Prices:
-
Results:
1 listings
# 27641943 - £6,000,000 - 10 Bed Castle, Balc, Comuna Balc, Bihor, Romania
Featured

LIFESTYLE AMENITIES

  • Golf
  • Ski
  • Beach
  • Diving
  • Equestrian
  • Biking
  • Hiking
  • Fishing
  • Spa
  • Wine
25

Private Seller

Based in: Romania

Telephone: 0040740063064

listings

View all Listings
№: 27641943

10- Bed Castle for Sale

£6,000,000

Balc, Bihor, Romania

Listed By: Private Seller on 27.02.2017
Browse 1 residential property in Romania - 🏠 houses & apartments for sale from 6 000 000 💷 GBP on TheMoveChannel.com.

Romania’s natural beauty and colourful history have seen the nation enjoy a significant boom in tourism numbers over recent years, particularly in Transylvania and the resorts of the Black Sea. However, despite its growing economy and reputation as an up and coming player for Eastern v Europe, the property market in Romania is anything but flourishing. 🏠 House prices have been in a slow but steady state of decline since 2009 and new-build construction remains very limited. That being said, there’s much to be said for the 7 per cent rent yields possible in the capital Bucharest, long with much higher returns for short-term lets along the Black Sea coast. Poverty and government corruption aren’t nearly as problematic as they once were, but are yet to be fully eradicated.

Castles are fortified properties that were built in v Europe and around the 🌎 world during the medieval period. Today, many of these are still standing or have been converted into residential property or commercial real estate. With the right surroundings or historical background, a castle property can be a unique lifestyle decision or a strong investment opportunity.

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