Hungary Property | Hungarian Real Estate | Budapest Apartments
Overview
Hungary does not have any coastlines but it does have many neighbours; Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia and Austria. The topography is mostly flat except in the north which has a low mountainous region. Hungary does however boast the largest lake in central Europe, Lake Balaton occupies an area of almost 592 square kilometers and it is a very popular area for tourists.
The capital city, Budapest has a rich and interesting history. Originally the capital was two separate cities known Buda and Pest, both straddling the River Danube. Budapest is rich in history and has a vibrant culture with plenty of charm. The city is famous for its spa baths which are said to offer healing qualities. There are numerous thermal baths served by more than a hundred hot springs.
Hungary is a highly musical country and the traditional folk music is said to have inspired its famous musical composers such as Liszt, Bartok and Kodaly.
Hungarian Property Investment – Budapest Apartments
Hungary entered into the EU as a member state in May 2004, following which further economic measure have projected the capital city of Budapest as one of the biggest economic hubs within Eastern Europe. Coupled with stunning architectural heritage and financial growth, it has become a very popular choice for investors.
Budapest has a population in excess of 10 million people, affectionately known as the “pearl of the Danube” it has developed into unique cultural cross roads. The number of museums, art galleries, theatres and opera houses rivals any other major European city. The city also has one of the best public transport systems with underground trains, overland trams and buses adding to the popularity of this great city.
In the property market many people compare Budapest to how Dublin was a decade ago but the difference is that property is about a quarter of the price of equivalent property in Dublin. The people that have already invested in Budapest, have experienced growth rates of 15% per annum and coupled and high rental yields, it is already an established and attractive investment option.
Hungary Property – Hungarian Real Estate
The rural areas of Hungary offer the greatest choice, the major cities are densely populated and in Budapest apartments are the normal dwelling. Apartment buildings are necessary to house such a large volume of people.
Hungary property is usually built to a high standard and some of the modern developments we are offering in Budapest are of the highest specification available.
Please do not hesitate to consult with us by completing our buyers enquiry form if you need any help our advice regarding Hungarian property.
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Hungary Property – Hungarian Real Estate – Budapest Apartments