Starting early is the best way of getting ahead to built wealth, Investment remains the priority, the stock market has plenty opportunities to earn a decent payout, with the right skills and proper understanding of how the market works.
Making it out at a young age is quite difficult. I started a side hustle at 17, saved up and made some good investments. l'm 28,live on my own and having a good life for myself. Big ups to you and everyone out there trying
Great video. V accurate. Some comments: 1. Properties are mostly sold in euro and rent is also paid in euro, so the currency exchange difference does not matter 2. Corruption, although exist is not influencing the property buy or rental 3. Decrease of population is related to the movement of population ( mainly families) in the rural area around Bucharest where for the price of an appartment from Bucharest you can almost buy a house. In reality Bucharest and the surrouding areas have more than 3 m inhabitants.
@@saveandinvestwithgiorgiolo8375 I was going there nearly 20 years ago, it was awesome, people were terrified of Romania, laughable,.look at Brasov too, great but lacks an airport
An inside correction: there is a lot of undeclared population living in Bucharest, some statistics show that 4 millions actually live currently in the city, which makes it very crowded. Another one, the currency is indeed declining with 5% annually and the taxes are a big burden to complete them. another important notice: we have earthquakes, and old buildings are not prepare for a big one, like it happened in 1977. It is a very safe city though, Take care.
Hey Giorgio 1) Which country is the best for overall real estate investment? 2)Country with high Airbnb rental from properties with less regulation? 3) BRRRR… buy, rehab, rent, refinance- which country in Europe is the best to do this?
Great video Giorgio, what country do you think its easier to get mortgages loans as a foreigner? Bulgaria, Portugal, Romania, Georgia?? I think its a great factor on the financials of the investment...
I don't believe statistics regarding population drop. The city is more crowded than even in recent years, especially before the pandemic. The official statistics might be wrong, I don't think they take into consideration de whole range of people that are here (students, young working adults, etc) but only the ones who have a declared residency in the city (apartment owners or other forms of residency). I myself have been living here for the past 8-9 years but officially I figure as a resident in my birthplace city, and this is the case with a large number of people in Bucharest, possibly hundreds of thousands. Anyway, besides air pollution and horrible traffic, the city is awesome!
Hi Giorgio, I am binge watching your videos, I absolutely love them! Thank you for the invaluable content. I understand that your number one market in Europe is Bulgaria, maybe Varna? Am I right? May I ask you why? GDP growth is much higher in Romania, also less population loss. Maybe because of tourism? I think it would be awesome if you could do comparison videos between cities. We could learn so much from them! Thanks!
Thank you Joe. I am thinking of making a video comparing Bulgaria to Romania. Do remember Bucharest is going to lose people at a faster rate than Sofia. Also Bulgaria has lower debt and if you compare Constanta and Varna prices in Constanta are higher even though Varna is in my opinion a nicer place
@@forgotmyname11 Tourism could be the answer to all those worries, don't you think? There is no population decline in Varna though. I don't know about vacancy. Do you have statistics for that please?
how can ipurchase residense proprty 4bedroom&4bathroom living dinning dring room garage garden with pull what is the villa prise &living expenses all facelitis gas light internet house kiping charge food bill charg local transport &car expences driver medical total expenses plese tell &guide us
@@saveandinvestwithgiorgiolo8375 I don't think the population of Bucharest is decreasing, even with the Covid pandemic there still is this trend all over the world for people to move to larger cities, Romania included, so overall in some areas the population is decreasing because of low birth, relocation and migration but in the larger cities it's exactly the opposite, it's increasing.
@@saveandinvestwithgiorgiolo8375 Other than the moving around you were fine...I just kept thinking you would do well to be sitting at a desk where you could lean your arms and sit steady
Starting early is the best way of getting ahead to built wealth, Investment remains the priority, the stock market has plenty opportunities to earn a decent payout, with the right skills and proper understanding of how the market works.
Making it out at a young age is quite difficult. I started a side hustle at 17, saved up and made some good investments. l'm 28,live on my own and having a good life for myself. Big ups to you and everyone out there trying
Sounds like plan, how do you put money to work?
Yes it sure is. I put in money in investments and get profits. That 's how I make more money without working. This does not sound new to you right ?
@@casinosimsek2027 Thanks for replying me, I've heard so many people talk about investment but none had said how to do it right.
@Muyiwa MG There are lots of investments options such as real estate, stock market, forex, cr ypt os, passive income,
Great video. V accurate.
Some comments:
1. Properties are mostly sold in euro and rent is also paid in euro, so the currency exchange difference does not matter
2. Corruption, although exist is not influencing the property buy or rental
3. Decrease of population is related to the movement of population ( mainly families) in the rural area around Bucharest where for the price of an appartment from Bucharest you can almost buy a house. In reality Bucharest and the surrouding areas have more than 3 m inhabitants.
I have been to Bucharest over a dozen times and absolutely love it
Albania great but careful with vlore
Kipps Bucharest is an underrated city. Deserves a lot more tourists.
@@saveandinvestwithgiorgiolo8375 I was going there nearly 20 years ago, it was awesome, people were terrified of Romania, laughable,.look at Brasov too, great but lacks an airport
kipps many people are still terrified of Romania. Hilarious
@@saveandinvestwithgiorgiolo8375 the sheep are terrified of many things they shouldn't be, have you any thoughts on Mexican real estate future.?
An inside correction: there is a lot of undeclared population living in Bucharest, some statistics show that 4 millions actually live currently in the city, which makes it very crowded. Another one, the currency is indeed declining with 5% annually and the taxes are a big burden to complete them.
another important notice: we have earthquakes, and old buildings are not prepare for a big one, like it happened in 1977. It is a very safe city though, Take care.
Many thanks for your feedback ALC
Informative video and wise analysis on Little Paris ;)
Thanks Del Fin
Hey Giorgio
1) Which country is the best for overall real estate investment?
2)Country with high Airbnb rental from properties with less regulation?
3) BRRRR… buy, rehab, rent, refinance- which country in Europe is the best to do this?
Great video Giorgio, what country do you think its easier to get mortgages loans as a foreigner? Bulgaria, Portugal, Romania, Georgia?? I think its a great factor on the financials of the investment...
Please do a video on Baku, Azerbaijan and Tashkent, Uzbekistan.
Thanks Dan. Considering it. Tashkent looks interesting
I don't believe statistics regarding population drop. The city is more crowded than even in recent years, especially before the pandemic. The official statistics might be wrong, I don't think they take into consideration de whole range of people that are here (students, young working adults, etc) but only the ones who have a declared residency in the city (apartment owners or other forms of residency). I myself have been living here for the past 8-9 years but officially I figure as a resident in my birthplace city, and this is the case with a large number of people in Bucharest, possibly hundreds of thousands. Anyway, besides air pollution and horrible traffic, the city is awesome!
Thank you for your feedback DM C.
Hi Giorgio, I am binge watching your videos, I absolutely love them! Thank you for the invaluable content.
I understand that your number one market in Europe is Bulgaria, maybe Varna? Am I right? May I ask you why?
GDP growth is much higher in Romania, also less population loss. Maybe because of tourism? I think it would be awesome if you could do comparison videos between cities. We could learn so much from them!
Thanks!
Thank you Joe. I am thinking of making a video comparing Bulgaria to Romania. Do remember Bucharest is going to lose people at a faster rate than Sofia. Also Bulgaria has lower debt and if you compare Constanta and Varna prices in Constanta are higher even though Varna is in my opinion a nicer place
@@saveandinvestwithgiorgiolo8375 I am very grateful for your answer. Looking forward to new videos!
@@joesmith9139 My pleasure
Bulgaria is horrible atm for investment except for sofia. Low yields but main problem vacancy rate and population decline
@@forgotmyname11 Tourism could be the answer to all those worries, don't you think? There is no population decline in Varna though. I don't know about vacancy. Do you have statistics for that please?
how can ipurchase residense proprty 4bedroom&4bathroom living dinning dring room garage garden with pull what is the villa prise &living expenses all facelitis gas light internet house kiping charge food bill charg local transport &car expences driver medical total expenses plese tell &guide us
Hi, do you have the same opinion on Bucharest now in 2023? Thanks!
Although prices have gone up Bucharest is still good value for money in the long term.
Hi hope you are fine and good. I want to buy a house in america you will help me
I want to move romania and want to boying house so if you guide me I will deal your counsaltant plz guide me
the population of Bucharest is not declining
Zizzy do you have any back up? Thanks
Thanks .. next video maybe belgrade ?😀
Thanks Capitano. Will be doing Belgrade in not too long
@@saveandinvestwithgiorgiolo8375 Mexico? Any opinions? Going there next week for the winter
Lucky you kipps. I have done a couple of videos on Mexico. Generally really like Mexico
I don’t know. Young people are leaving the country.
Good point. One of the points I did mention was that the population in Bucharest is slowly decreasing
That's true and a massive problem all over the Balkans, especially Macedonia
Low birth rate in many Western European countries as well kipps
@@saveandinvestwithgiorgiolo8375 I don't think the population of Bucharest is decreasing, even with the Covid pandemic there still is this trend all over the world for people to move to larger cities, Romania included, so overall in some areas the population is decreasing because of low birth, relocation and migration but in the larger cities it's exactly the opposite, it's increasing.
@@ionutunroman7525 It is decreasing slightly but for me not enough to affect the future growth of house prices.
hi giorgio iam indian i move india to rominia retirment life & sattel in romana with famaly iam bisnesmen can i start bisness & purchase
My first option for is to firstly try investing in real estate Because real estate investment brings about Financial control and freedom.
Sir I want shop for rent
Google says that a Northeast region of Romania has the highest pop. growth in whole Europe.
Thanks Mario for the feedback. Will do more investigation on this
I think is about Oradea city.
@@tanasaflorin3699 oradea is north west. I think it's suceava
Great video...you move around a lot so I found it a little distracting
Thanks. I have decided to more recently do videos without myself in them. Far better watch!!!!!
@@saveandinvestwithgiorgiolo8375 Other than the moving around you were fine...I just kept thinking you would do well to be sitting at a desk where you could lean your arms and sit steady