Today I will not talk too much. I will simply present to you some of the opinions of yours, as you sent emails with your opinions last week. To some of them I will reply with an extended post during the following days, to some others I will just say that as I appreciate people who agree with me, I also respect and appreciate the ones who disagree. Most of all, I thank you for our communication and I am open to more proposals so as to increase this. For my post: Poor Greece – Rich Greece and Romania follows: http://http://www.iliaspapageorgiadis.ro/english/poor-greece-%e2%80%93-rich-greeksand-romania-follows%e2%80%a6/ Lucian [...]
[relevant-to-adsense]Your comments: The apartments of ANL, the Greek crisis and the tips for investment
Filed Under: Uncategorized on Feb 28, 2010 @ 11:02 AM
Mr “Goldneck”, a fake “Bentley” and a factory up on Dracula’s hill
(part 2, to read part 1, please press here) “Just 5 minutes drive from here” I turned my head around the square, the central one of this secondary city. So many people passing by, some of them turning their head to see the crazy guy dressed in suit and tie in the middle of the summer. I smiled and I looked at my clock. 11.30 sharp, the time of my meeting. I did not have to wait for long. “Goldneck” appeared soon, making to me signals so as to hurry up and enter in the car. He was driving a quite old Chrysler 300, not recently washed inside. He was together with another gentleman, his unofficial [...]
[relevant-to-adsense]Selling ANL apartments at low prices: American and English markets tell us what will happen
Just few days ago, the Romanian Government announced a new measure regarding ANL, the National Company which develops “Social Housing”. There are about 20.000 low cost apartments for the people all around the country, developed over the last years. The tenants of these apartments pay a very low rent to the State, but now they will have the right to purchase the apartment they occupy. So a very serious stock of properties will enter in the market. Is this good or not? Why prices go up or down in USA and England, two very mature markets? I don’t have too much patience to follow all the important [...]
[relevant-to-adsense]Tips about buying new apartments:2. How to deal with the banks and their hidden costs
(part 2, to read part 1 please press here) Investment in a new apartment is one of the most important moments in the economic life of each and every one of us. Statistics say that we usually buy 1 – 3 dwellings during our life, so every mistake counts. When the market was up, the problem for the buyers was to find the right property at the right price. Financing facilities were easy to access, the interest rates were very low and from rich people up to middle class, almost everyone had 2 – 3 friends from the banking sector, proposing to him to take the loan from their bank. This was just 18 months [...]
[relevant-to-adsense]Readers comment: Buying new apartments: “They changed the parquet 3 times and still it is not fixed”
On 15.02.2010, Mrs Alexa S. sent to me the following text, commenting on my post: http://http://www.iliaspapageorgiadis.ro/english/sfaturi-la-cumpararea-apartamentelor-noi1-calitatea-proasta-a-constructiei/ “My experience with Prima Casa” “I agree with what was written above. I am the “happy” owner of a brand new apartment bought through the Prima Casa program. Taking into consideration the 30 year long period of the credit I gave up from the very beginning the idea of acquiring an old apartment. In the beginning of May I had found the apartment, but I had to wait until August its registration [...]
[relevant-to-adsense]Poor Greece – Rich Greeks and Romania follows…
(part 3, for part 2 please press here, for part 1 please press here) “What is a Real Estate investment for me” “Real Estate is in my blood. I want to have my own home and ideally a second one for the summer. Also a home for each of my children is a life target too”. This concept drove the Greek market for decades. There are no major developers and no foreigners too, the whole market was and still is in the hands of small companies. There are many top professionals but also plenty of amateurs, in a completely unorganized market, where the price of the contract is usually not the real one and [...]
[relevant-to-adsense]Poor Greece – Rich Greeksand Romania follows…
(part 2, for part 1 please press here) “How I build” “I will build where I want, how I want. If you try to demolish my illegal home, you don’t have a heart, you are not human. I want to have my own home, why is this a problem? …Why do we need to build parking lots for our cars? What does the State do about this? …Why is it bad to build some more illegal sq.m.? I have needs, I am human and I don’t have lots of money. Why the State is so insensitive with my problems? When the big sharks are stealing, noone talks. And they will start implementing the law with MY case?” (Result: Over 1,5 million [...]
[relevant-to-adsense]
Few days ago, on Tuesday, I had presented to you an interview of Mr Gavin Ryan, an expert in Private Equity and Venture Capital Funds. As far as I understood from your feedback, this subject was really interesting for you, as the official information about this segment is really limited. This is why I decided to address to Mr Ryan again, summing some of your questions and adding some new ones. This domain is really interesting and I think that it worths to know ... 
Tips about buying new apartments:2. How to deal with the banks and their hidden costs
(part 1) Investment in a new apartment is one of the most important moments in the economic life of each and every one of us. Statistics say that we usually buy 1 – 3 dwellings during our life, so every mistake counts. When the market was up, the problem for the buyers was to find the right property at the right price. Financing facilities were easy to access, the interest rates were very low and from rich people up to middle class, almost everyone had 2 – 3 friends from the banking sector, proposing to him to take the loan from their bank. This was just 18 months ago, but it is an “old history” [...]
[relevant-to-adsense]