Presentation of the country
Presentation of the country
A country of 10 million inhabitants, 2 million of Hungary’s residents live in its cosmopolitan capital Budapest which sits on the river Danube. The city is an extensive World Heritage site regarded by many as one of the most beautiful cities in Europe, often referred to as the “Paris” of the Central European region due to its architectural style consisting of many stone-built with baroque sculptural styles, comparable to the Haussmanian styles of Paris.
The Hungarian currency, the Forint is relatively weak at the moment and there is a real long term trend of investment from local occupiers and foreign investors for newly built, high standard apartments or recently refurbished ones located in central Budapest.
Hungary has nowadays one of the lowest prices per sqm in Europe for prime and central residential assets and there is room for high growth and capital gain.