Investing in the European Union - Budapest, Hungary

Country Focus - Hungary at the Top

The eastward expansion of the European Union in 2004 will contribute to a strong commercial real estate market in parts of Eastern Europe, with Hungary, the Czech Republic and Poland leading the way.

Based on the strength of its market, a recent report by Cushman & Wakefield found Hungary the number one country out of 13 emerging countries in the European Union or candidates for membership.

"These Central European countries have performed well, given their early moves to carry out economic reform, their recent good growth and growing appeal to investors and international business," said David Hutchings,
Cushman & Wakefield's Head of European Research.

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We are working together with apartmentsearch.hu in Budapest. They have many great properties that are sold at market value and many investors are buying 2-3 properties for the investment value. Most places that are bought can have a possible yield between 800 to 1500 Euro per month (as a long term rental).

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