The international real estate market of Hungary is thriving due to the
exciting investment opportunities it provides to the buyers from around the
world. The Hungary real estate is on the way up and will continue to be so for
many years to come.
Situated in the heart of Europe, Hungary is a kidney shaped country with
a unique place in the soul of the continent. It is a land-locked country,
surrounded by various countries like Austria, Romania, Ukraine, Slovakia,
Croatia, Slovenia and Serbia. With its capital at Budapest, Hungary boasts of
some of the richest manors and castles in Europe. With a large number of people
from around the world visiting Hungary for both business as well as pleasure,
the Hungary real estate market is blooming.
Most of the expats who work in the country have, without fail, fallen in
love with this beautiful city. If you are planning to start a business in
Hungary, you will find numerous options for commercial real estate in Hungary,
that too at affordable prices. With such great Hungary real estate listings
available, you will surely be able to set up a decent business with almost
nothing. The country presents the opportunity for unfettered capitalism due to
the ideal business environment that it offers.
Currently, the international real estate market in Hungary offers
noteworthy capital appreciation and can be foreseen to continue the same trend
in the future. The classic and traditional properties in the city of Budapest
have been witnessing an appreciation at the rate of 20 to 35 percent every year
and more over the last few years. Besides this, a property owner can expect a
Hungary rentals income of around 6 percent on good properties at good
locations. A fully furnished flat will earn even more rental income.
Hungary emerged well from the post-soviet era with a better financial
standing that any of its neighbors, and this economic benefit has increased
further over the years. It has also been the main beneficiary of the increasing
foreign investments, due to which it has seen an exceptional growth in Hungary
real estate investments. With companies like Samsung, Electrolux and Audi
making investments in this country, the real estate in Hungary is expected to
get even more exciting and brighter.
There are various other factors due to which buying Hungary real estate
has become extremely attractive. The taxes on capital gains have been declining
steadily over the past several years and are expected to move further lower.
International real estate investors also get various tax benefits if they buy
property as a corporation.
According to various researches, it has been found that Irish investors
purchase around 40-60 flats per week in Hungary. Investing in Hungary real
estate is not a recent occurrence, international real estate investors have
been purchasing properties in this country for past many years, and those who
did investment have received tremendous appreciations during that period.
The typical monthly rental for a two bedroom apartment in the city of
Budapest is around E750. On the other hand, the property price for a two
bedroom real estate in Hungary is around E75000. These prices make Hungary one
of the most in-demand international real estate markets in the world.
Arthur Vasquez is an international real estate investor and leading the
charge at International Real Estate Listings the worldwide leader in Hungary
real estate for sale, Hungary real estate exchanges, and Hungary rentals.
Hungary real estate owners, agents, and developers are encouraged to create an
account, upload an unlimited number of listings, write as much creative
property details, include a You Tube property video, and it will be activated
as a basic listing for 6 months, free.
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