Moldova is a poor country, but it is one that is looking to turn around its stagnant economic performance in coming years. An impetus on foreign investment coupled with EU aspirations is pushing the nation towards a more prosperous future. Things are still progressing very slowly, but the fact that the World Bank has agreed to restart its aid packages to the country shows that there is a feeling the country is on the right track.

Chisinau is the most popular area for property, but even so prices are not that high. Nevertheless, certain factors mean that prices have been pushed up in recent years and there aren’t really any absolute steals like there were at one point. Even though this is the case, there are still bargains to be had, and with prices increasing slowly but surely there is a fair bit of potential for capital appreciation in the area.

Whilst Moldova is by no means a ‘safe bet’, it is on the right track – with a more stable economy that has shown at least some growth over the last few years, there is certainly potential there and an off plan investor willing to take a risk could come out of things a lot happier.