 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
New 5 star luxury gated development in a prime location in Hurghada city centre.
Apartments from only £19,964 to £60,000 Easy Payment Plan More »
ABOUT HUNGARY
Despite
its austere, communist past, Hungary is a heart-stealer. Visitors
are lured back time and again to sample its rich wines, lounge
in its thermal spas, absorb the graceful ambience of Budapest
and sail on Europe's largest lake, Balaton.
The country has all the luxury of Western Europe with a Magyar twist and only half the cost. Its graceful capital Budapest has a lively arts, cafe and music scene, and is host to a range of cultural and sporting festivals.
In the countryside you'll find majestic plains, resort-lined lakes, Baroque towns, horse markets and rustic villages. Hungary is one of the most popular Eastern European countries for second home owners.
This trend is expected to increase now the nation has joined the EU. Even prior to EU membership the property market was doing well. The development of a capitalist economy and the growing tourist industry has all had a positive impact upon property values. Investors have seen very substantial returns over recent years and it is widely expected that growth rates will be maintained or even increase in the future.
Hungary
is a country of 10 million people with a stable multiparty democracy
and an emerging market where radical structural changes have taken
place since 1990.
Joining the EU
Hungary is a full member of OECD and NATO. It joined the EU on the 1 st May 2004. The last four years have seen a significant growth of GDP (4.6%, 4.9%, 4.5% and 5.2%) and foreign direct investment.
The Hungarian economy is export driven to which investments of international companies have significantly contributed.
With flights from the UK as little as £18, low cost airlines such as Wizz Air and Easyjet have made it accessible and affordable for both businesses and tourists cementing Hungary's position as the leading Central/Eastern European locations for property investment.
Hungarian Property
» Hungary
» Property Investment in Hungary
Mortgage Calculator
How much that dream property or investment property will cost? Click here to use our handy mortgage calculator to work out your payments.
Shared Ownership
Rising prices have meant that people wanting to own a holiday home in Spain are finding it harder to raise the finance. Shared ownership could be the answer. Unlike timeshare, you actually hold Title Deeds and own a percentage of that property.... More »