Romania through my eyes

How to get the most profit out of 50.000 Euro


“You have some savings and you would like “to round them up”. You don’t know what to choose between a bank deposit, buying shares or a real estate property. All of the ones who managed to make business over the past years are saying that the recession periods are the best ones for investments. This is explained only if you know how much and on what to bet. In the current economical context, how could you optimum capitalize a fixed capital of, let’s say, 50.000 euros? No matter which solution you choose to “multiply” your money the first step should always be the same. Ilias Papageorgiadis, [...]

Romanian economy keeps on falling, while dreamers keep on waiting millions to knock at their door


German and French “false signs” The first “false sign” was during September 2009. German government had elections ahead (September 22nd), this is why they injected cash into consumption, giving 2.500 euro / car to purchase. Due to this policy, Dacia had historical records of exports and German economy succeeded to have an anemic growth of +0,4% in the second quarter of the year. After elections (by… coincidence) the economy turned negative again, as the crisis is much deeper than people thought initially. The French economy was exactly in the same path, as they had more or less the same measures [...]

Amazing! Too many owners rose their prices, without having any client to sell to. Why? Who benefits? Who loses? What is coming up?


Since the beginning of the year, we have several people trying to push up the prices of Real Estate properties. Even without clients (!) they seem to have succeeded to move the asked prices upwards. In the same time, the real prices are the same or even a bit lower than the ones of December 2009, when we talk about the real numbers of transactions. Why does this happen? Who loses from this? Who benefits? What will happen afterwards? An interesting article by www.bloombiz.ro can explain to you the situation today for several… “dreamers”: http://www.bloombiz.ro/real-estate/imobiliare-de-ce-ridica-proprietarii-preturile-in-plina-criza Why [...]

Tips about buying new apartments:9. Do you want to buy a finished apartment?Advantages and disadvantages


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. During the last years (as there were not many new apartments ready) people used to buy the right to purchase an apartment in a future building. Today the situation is different and there is a significant stock of new apartments waiting buyers to choose. But there are also many other projects under construction. Which of the two options is better? It is vital for you to know their advantages [...]

“Finally, you can really feel the heat!” Selling villas on the slopes of an active volcano


(Sorry, folks, but it is time to train the sales departments of residential projects how to respect their real client, the end user) (part 2, for part one, please press here ) All time classic (published on 12.02.2009) I work since I was 12 years old. Since 1987, when I started, I my activities could be summed up as: commerce – trade, media publishing – journalism – political consulting and Real Estate. All these happened while Greece passed from the golden decade of ’80s (when almost everyone could succeed in business due to the huge available money to be spent) to the more difficult ’90s [...]

“Finally, you can really feel the heat!” Selling villas on the slopes of an active volcano


(Sorry, folks, but it is time to train the sales departments of residential projects how to respect their real client, the end user) (part 1) All time classic (published on 09.02.2009) He was probably around 26 years old, but he was feeling like a Real Estate veteran. Having worked for the last three years in a “big” Real Estate agency, he felt he knew ALL and he could not help showing it. He was feeling soooo important, so intelligent and (most of all) so superior than you, the client. He was a typical seller of residential projects in Bucharest… Residential: A new market was born [...]

Greek Business Forum:“We reached bottom, but recovery will be slow”


(part 1) Yesterday was a special day for me. Business Review magazine (http://business-review.ro/), a English talking leading publication for business in Romania, organized its second “Greek Business Forum” event at Intercontinental Hotel. As I was informed, this is the only event for Greek entrepreneurs in Romania, organized by a successful newswire. The panel was excellent: Ioannis Paschalis, the Greek Minister Counselor for Economic and Commercial Affairs (Greek Embassy in Romania) Dimitris Spanodimos, Group Head Corporate Strategy Director, Marfin Bank Jean Valvis, CEO [...]

Tips about buying new apartments:8. Interior architecture and balconies:Who dares to ignore their importance?


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 we talk about an apartment in a new project, things are quite complicated. Except all the other parameters to analyze, some people forget that the interior architecture of their future apartment will influence their daily life. In the same time, they tend to ignore the real usage of their balcony and its cost ofcourse. But this can cause very big problems, even to worse one’s life and [...]

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