GPG: Gross Rental Yields in Moldova

Gross Rental Yields in Moldova

Moldova: Gross rental yields (%).

The gross annual rental income, expressed as a percentage of property purchase price. This is what a landlord can expect as return on his investment before taxes, maintenance fees and other costs.

The properties are 120-sq. m. apartments located in premier city centres. (See our list of premier cities)

The gross rental returns (or rental yields) figures published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research.

Only resale apartments and houses are researched. Yields for newly-built properties are not included.

Buyers should expect the rental yields of new properties to be lower than the gross rental yields published by the Global Property Guide.

Properties will be in excellent condition, with good facilities, and have been refurbished or redecorated within the last five years.

When was this data collected? Click on individual countries to see the data collection date.

Source: Global Property Guide Research

GPG: Spectacular yields in Chisinau

Moldova Rental Yields - Spectacular yields in Chisinau

Rental yields for 45 sq.m. apartments in Chisinau are slightly higher at 15.32% versus 100 sq.m properties. Both figures are spectacular however, at an average of 14.75% according to Global Property Guide estimates.

Last Updated: Aug. 29, 2008
CHISINAU - Apartments	COST (€)		YIELD (p.a.)	PRICE/SQ.M. (€)
	TO BUY	MONTHLY RENT		TO BUY	MONTHLY RENT
45 sq. m.	41,130	525	15.32%	914	11.67
100 sq. m.	101,300	1,196	14.17%	1,013	11.96
Districts researched: Chisinau: Center, Telecenter, Botanica, Rascani. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Great private rental apartment Chisinau Centre, Kishinev Moldova, Lodging, accomodation, hostel

Great private rental apartment Chisinau Centre, Kishinev Moldova, Lodging, accomodation, hostel

Real estate renting (residential and commercial) is a very profitable way of investment in Chisinau /
Kishinev, capital of Moldova, one of the former Soviet Countries near the Black Sea and now since
1994 Partner with the European Union.

Than means more international contacts and businesses (yes it is still all not 100%, but every day
progress is made), more and more business people travel in and our Chisinau and more and more
international companies open an office here and their management need housing.

As from January 2007 Moldova is neighbor of the EU with Romania and visas are no longer be
needed for most tourists coming to Moldova.

What leading real estate watchers tell about Chisinau:

* °°° Article of 18 January 2007 by RENTHUSIAST.ORG
* °°° Matthew Montagu-Polloc from the The Global Property Guide (The Global Property
Guide is a research publication and web site (http://www.globalpropertyguide.com) for
the high net worth investor in residential property.
* °°° See tables at: http://globalpropertyguide.com//articleread.php?article_id=82&cid=

These are a few of the reasons why you should hurry up and profit from the growing real
estate market here.

We can offer you the whole process of obtaining a property here and put it in rental investment:
locating the property, representing you in managing the property. With over 20 years of experience
in architecture, real estate and apartment rental managing and marketing, we are the right partner
for you here in Chisinau. Our knowledge of local real estate market and our marketing will
guarantee you a good return on your investments.

Our office -represented by architect Daniel Verheecke- offer you the following services:

• Market your property to minimize vacancies and maximize income by filling vacancies
with the best possible tenants by providing maximum visibility and exposure through
Internet marketing and other means of advertising (newspapers, printed materials etc.)
• Provide the most personal attention to you as the Property Owner -we thrive on that
service- as well as our most personal attention to our Guest that stay at your property.
• Establish and fully explain the policies and procedures involved in renting your
property.
• Personal-On-site Property Manager walk-thru inspection upon guest arrival and
departure.
• Send you monthly financial rapport and evaluation
• Collect rental payments promptly and .
• Recommend rent increases when appropriate.
• Track income and expenses to determine profitability

The future market value of your apartment/house depends among other factors on the overall
physical condition. We strive to keep rental properties in their best condition to be competitive on
the market. To insure this we:

• Keep you well informed of everything going on.
• Supervise all maintenance and repairs.
• Regularly inspect the properties to make sure everything is in order and provide you a
detailed report.

If you are planning to buy investment property or you already have it in Chisinau feel free to
contact us to see how we can work for you.

The global house price slump

BusinessWorld Beyond : Global Property Group

There are two islands of good value in Eastern Europe. In Chisinau, Moldova, apartments can return high rental yields, in the mid-teens. However, the risks are high.

A more likely prospect for most buyers is Macedonia, which has been enjoying a house price boom, thanks to a stronger economy and a more stable political environment. Gross rental yields in the capital, Skopje, are around 10%.