Overseas property news - Investors still hungry for hungary

Investors still hungry for hungary

Investors show no signs of tiring of the Hungary real estate market...

According Rhiannon Williamson, Director of Amberland, property investors who targeted Hungary’s capital city of Budapest last year enjoyed up to 15% growth on underlying property prices and these growth rates ‘show no sign of slowing down currently’.

She added: “There is local and expatriate demand for property to buy and let in Budapest and the local economy is benefiting from foreign direct investment and strengthening. This means that there are long term prospect for growth in Hungary.

“Furthermore there’s an emerging market within Hungary’s property sector and that is the tourism market which offers an investor a chance to get in on both residential and commercial property ventures targeting this growing market segment”.

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