Property for sale in Moldova
In Moldova the situation of real estate market is becoming better day after day, so it is an interesting country where you could buy a property for sale in Moldova. Prices have never been so low for four years now.
Two decisive factors have crossed: the "First Home" program and the building liquidity crisis. First Home is the first reference site for companies.
As a state budget for 2018 a ceiling of 50 million lei has been set, which will be discussed again in 2019. The situation created by Government joins the situation that is certainly less fortunate than the building sector. Companies will not increase prices because they are forced to sell quickly, to cope with the crisis.
The Republic of Moldova offers excellent conditions in the Industrial Parks and in the Free Economic Zones with fiscal and administrative incentives, government support and free market regimes for a market of 800 million consumers in the EU and CIS. Given the cost of transportation and labour, Moldova could compete with China in attracting foreign companies looking for low production costs.
Moldova's real estate market is growing. The number of ads sold increased by 6% compared to a similar period in 2017.
According to experts, among the reasons for this increase there are economic growth of almost 4%. This trend will also continue for the next year so the period is right for investing money in property for sale in Moldova. This could lead to a lowering of property prices.
The real estate sector is the most sought after, with a growth of 10% since 2017. In the period January-October, over 1,100 properties for sale in Moldova were sold and purchased. Real estate transactions of over 140 square meters have increased by 7%.
The statistics demonstrates that citizens of Moldova have bought over 22% of apartments in more between 90 and 110 square meters, despite their share in the total number is less than 5%. In 2017 there was a 40% growth in sales taxes in Vulcăneşti, Străşeni, Făleşti and Cantemir. In Capital the increase is 17%, while in the periphery 10%.
So you are free to choose one of these cities if you are looking for property for sale in Moldova.
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