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%.

Risers and fallers - The Banker - The big surprise is Moldova

Risers and fallers - The Banker

The big surprise is Moldova, a small eastern European country with a gross domestic product (GDP) per capita of just $1830, ranks fifth. Moldova has very low levels of debt ($763 per capita, compared with the UK’s $171,000 per capita), and its banks have high capital-to-asset ratios of more than 17% and low levels of lending.


Fewer loans

According to the World Bank, banks in Moldova have extended loans worth just 35% of GDP, compared with the US, where domestic bank lending has reached 230% of GDP. Moldova pays just 2.8% of public sector revenues to service government debt but Italy, for example, spends 11.9% of government revenues on interest payments.

Moldova is the fifth in the world in terms of The Banker’s 2009 World Financial Health Index.

WWW.MOLDOVA.MD - The Official website of Republic of Moldova / Pagina Oficială a Republicii Moldova în reţeaua Internet

Moldova is the fifth in the world in terms of The Banker’s 2009 World Financial Health Index.

According to The Banker, Moldova has very low levels of debt (736 USD per capita, compared with the UK’s 171 000 USD per capita), and its banks have high capital-to-asset ratios of more than 17% and low levels of lending.

According to the publication, banks in Moldova have extended loans worth just 35% of GDP, compared with the US, where domestic bank lending has reached 230% of GDP. Moldova pays just 2.8% of public sector revenues to service government debt, but Italy, for example, spends 11.9% of government revenues on interest payments.

The analysis conducted by The Banker notes that the financial crisis of 2008 turned the world on its head, and changed the risks. In this new world, the world’s most developed economies – and those most dependent on credti – have suddenly become the ones most exposed to potential disaster, the authors of the investigation state.

The Banker’s 2009 World Financial Health Index rates 184 countries based on 25 financial and economic health indicators. According to The Banker’s new financial risk model, Moldova, Chile, Bolivia and Peru are less likely to be affected by the current financial crisis than US, UK or Japan.

The analysis shows that these countries may be poorer, but with a far lower reliance on credit, they are more insulated from financial meltdown than any developed country. The ranking shows that, as a result, developing countries are now less highly leveraged relative to their wealth than rich countries and so less likely to suffer the consequences of a deep financial crisis.

The Banker’s 2009 World Financial Health Index rates countries’ ability to weather the current financial and economic crisis.

Good bye, Grigore Vieru!

Good bye, Grigore Vieru! - Moldova Azi

Thousands came to the Central Cemetery in Chisinau today to say their good-byes to the great poet Grigore Vieru.