Why Romania?

* A booming economy - 7.7% increase in 2006 with very low inflation at 4.8% (2007)
* Currently attracting billions of euro worth of high value jobs - Romania is home to most of the major multinational technology companies
* €31 billion of EU infrastructural development funds in next 5 years
* A stable financial system with up to 85% LTV mortgages available to foreigners
* Annual capital appreciation of 20-25%

Since emerging markets first became an investment phenomenon in 2004, we at Someplace Else have always prided ourselves on our ability to launch well researched and investor friendly developments to our clients long before other overseas agents.

We are therefore delighted to launch the first overseas residential investment opportunity in Ploiesti, a strategically important city of 237,000 people located 35 miles to the North of Bucharest. Ploiesti has experienced rapid economic growth in the last four years due to major investments from foreign corporations such as Shell Gas, Lukoil, Coca Cola, Carrefour, Tengelmann and Unilever.

Unlike Bucharest, which has been booming for years, Prahova Residences in Ploiesti offers a unique opportunity to invest in a historical city at the very early stages of new residential development. In addition to the significant multinational investment within the city limits, Prahova Residences is within easy commuting distance of the main technology parks, the major multinationals and the international airport – all located in north Bucharest.

With prices much lower (and rising faster) than neighbouring Bucharest, this is a highly desirable area for Romanian professionals and families seeking affordable luxury within easy commuting distance of both the capital city and the nearby mountain holiday resorts to the north.

Prices for these modern and high end upscale residential units start at just €82,000 ex vat (€97,580 inc VAT) and Someplace Else have negotiated investor friendly payment terms exclusively for our clients:

* 10% deposit on reservation
* 10% February 2009
* 5% Jun 2009
* 75% on completion Nov/Dec 2009

Why Prahova Residences?

1. Modern, upscale, low-rise residential development in booming commuter city of Ploiesti
2. Very well located rental and resale opportunity for middle income Romanian professionals and families
3. Exclusive payment terms 10% deposit, 15% in 2009, 75% on completion
4. Massive untapped local demand for high quality housing but very limited supply
5. Prices up to 30% lower and rising faster than comparative developments in nearby Bucharest

For brochure and availability please call 1890 425 425