Recently available for rent
A spacious three room apartment is in a new block of buildings, in the city center. The apartment is fully furnished and equipped with self heating system, air-conditioning system and heated floors. Jacuzzi is installed in the bathroom. Under ground parking is available. The entrance in the building is secured by the door with a electronic lock. Satellite dish and cable TV, HIGH SPEED INTERNET
June 27, 2008
Today, the Parliament of the Republic of Moldova adopted the Mortgage Law.
As it was reported in the Ministry of Economy and Trade of Moldova, the document defines the term “mortgage”, “mortgage construction”, “mortgage contract”, registration and upgrade of mortgage rights, possession, use and management of mortgage properties, transfer and concession of mortgage rights.
The Law defines the bases and procedure of termination and modification of mortgage, refinancing of mortgage loans, introduction of mortgage conditions for existing and future capital construction, as well as unfinished constructions, etc.
It is planned that the Law will act the foundation for mortgage loans development in Moldova. It should assure the creditors during the construction crediting process or while purchasing the apartments under construction. According to the authors’ opinion, the new law will increase the interest to mortgage financing in Moldova, and create conditions for loyal competition among mortgage creditors.
Source RBC
Best Lodging apartments sometimes changes owners, but the cash flow continues.
A one-bedroom apartment on Stefan cel Mare blvd for sale!
A new cozy apartment with a modern design situated on the main street of the city - Stefan cel Mare si Sfint. The plastic windows isolate the apartment from the sounds of a big city. There are 2 boilers installed - one in the shower, and the other one in the kitchen. The entrance is protected by a coded door.
The apartment is located on the 10th floor, providing a great view on the city West and East directions.
Fully furnished and equipped with air-conditioning and self-heating systems, the apartment generates significant cash flow for your investment.
Price: 75 000 EUR
Please contact us for more details. Imobil Invest will put 10 years of its experience to help your investment and its payback in Moldova.
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Foreigners are allowed to buy properties in Moldova without limitations. Limitations exist only on purchase of agricultural land.
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Here are some of them.
FOR SALE
1. 2-room elite apartment
(Income generating property)
An apartment in one of the most prestigious apartment buildings in the city downtown. Located 2 min walk from the main street
. The building was completed in 2003, as one of the first mortgage projects. The apartment is located on the 8th floor with a great view. Size: 96 sqm. Internal design completed in 2004. Fully furnished, self-heating, air-conditioning.
Presently rented to long-term tenants. Basic lease term expires in August, 2008. Building facilities: underground parking (additional), outside parking, security, building management, cable TV, Internet, spa and food market.
Floor plan and pictures
2. 3-room apartment Lara City
(Income generating property)
An apartment in one the most prestigious apartment building in the city. Located 2 min walk from the main street (see Map1). The building was competed in 2003, as one the first mortgage projects. The apartment is located on the 8th floor. Size: 125 sqm. Int
ernal design completed in 2004. Fully furnished, self-heating, air-conditioning.
Presently rented to long-term tenants. Basic lease term expires in December, 2008. Building facilities: underground parking (additional), outside parking, security, building management, cable TV, Internet, spa and food market.
Floor plan and pictures
Contact us for pricing and more details
Investment in Real Estate in Moldova was popular for a number of years. Due to high rate of growth in property market and attractive rental potentials, many small investors prefer to invest their savings into apartments in the capital of the country - relatively liquid asset with the capacity of bringing continuous revenue.
As the trust to banking system was blown away with a number of bankruptcies of some financial institutions, and large scale fraudulent schemes during and after the collapse of the USSR, real estate became the niche for personal investment.
During 2001-2008 apartment prices in the capital went up 7-10 times. At the same time average rental potential changes 3-5 times.
Moscow properties are among the most expensive, and the average rental potential is estimated at 5.18% per year in 2007. In most of Eastern European countries, rental yields do not go over 6.5%, according to Property Secrets.
Chisinau, with much lesser prices still provide an average of 7-12% per year rental potential, added by a moderate (10-15%) price growth per year.
