ABOUT HUNGARY
Budapest’s historic charm is being rediscovered, yet the newly developed steel and glass buildings let us know that this is very much a 21st century city. Real estate prices in Hungary and Budapest are lower than prices in Warsaw, Prague or Bratislava. For the same reason the yield-producing potential of real estate investment is higher in Hungary compared to the other countries that joined the EU in 2004.
Hungary has always been a commercial and cultural center at the heart of Europe; GDP per capita and purchasing power in Budapest is considerably higher than the national average. Budapest is changing: new business and residential developments have happened, old classical buildings are also being refurbished.
…Real estate prices in Hungary and Budapest are lower than prices in Warsaw, Prague or Bratislava
The new office buildings, shopping malls and hotels have repositioned Budapest, while value-added services, tourism and education continue to energize the city’s economy. In recent years the government has created a more investor-friendly financial environment in order to make real estate investment even more attractive.