Property in Hungary

Investment property in Hungary including property in Budapest and an extensive range of studios, apartments, townhouses, villas and other quality Hungary property for sale in the most popular districts of Budapest.

Hungary property for sale

Located in central Europe, Hungary is less than 3hrs flying time from London or Dublin. Historically, the country was part of Austro-Hungarian Empire, which collapsed during the 1st World War and was then part of the Soviet bloc until 1989. The country's impressive transition to a Western-style democracy has been fast and effective. Hungary acceded to full membership of the EU on the 1st of May 2004 and successive governments have focused upon developing internal and external markets, resulting in Hungary attracting more than $20 billion of Foreign Direct Investment, over a third of the total for the whole of the Central and Eastern European region.

Insight Spain has identified Hungary as a country where property values appear undervalued and offer an amazing opportunity for investment. Our research of Hungary's political, economic, fiscal, legal and administrative policies reinforces this view, and we have now identified high quality apartment property in Budapest - in the finest and most sought after locations.

For more details click here to order our information pack

Property in Hungary

Budapest is a cosmopolitan city that spans the magnificent river Danube. Formerly the second city of the all-powerful Austro-Hungarian Empire, Budapest was at the turn of the 20th century one of the world's leading cities, evidence of this remains with its layout, grand design and stunning architecture. This sophisticated city is the cultural hub of central Europe with a world famous opera house, imposing theatres, elegant boutiques, restaurants and bars. Budapest has an infrastructure that matches any modern major city, with its own underground transport system, tram network and international rail links.

The city is made up of 23 municipalities, but geographically it is divided by the Danube into 2 regions, Buda and Pest. Pest is the location for the city's financial, administrative, commercial and retail centres. Almost all of which are located in the exclusive 5th and 6th Districts. The main residential areas are parts of the 2nd and 12th Districts on the Buda side, however the expats tend to favour ultra chic locations in the 5th District and in particular close to Liszt Ferenc Sq, in the golden triangle area of the 6th District.

Why Invest in Hungary property?

* Massive influx of Foreign Direct Investment each year
* Fast growing ex-pat community
* Interest rates set to fall sharply towards EU accession
* One of the lowest corporation tax rates in Europe at 16%
* Property very undervalued compared to other EU capitals
* 15% annual property price growth since 2002
* Stunning city architecture

With Hungary's accession to the EU in May 2004 and increased liberalisation, the capital city, Budapest, is on its way to becoming one of Central Europe's largest economic engines. The financial and economic environment combined with the stunning architecture and beauty of property in Budapest literally screams out at you to invest in property in this fantastic city.

For more details click here to order our information pack.

Brand New Released December 2005!

• Converted 19th Century Palace
  
• The Most Prestigious Location in Budapest
  
• A Wide Array of Concierge Services
  
• Excellent Price for Properties of this Calibre Similar in Style to Ringstrasse in Vienna
  
• Building designed by same Architect as Opera House
• Prices from only €108.000

A 19th Century Masterpiece with 21st Century Comforts

This incomparable and superbly appointed building, located on Budapest's Andrassy Boulevard comprises 64 luxurious apartments. Built for the Austro-Hungarian aristocracy in 1884 by Hungarian craftsmen, Andrassy Palace Gardens occupies two buildings in a four building palace that encircles the elegant Kodaly Circle.

These incredible residences, renovated to the highest quality standards can only be compared to the classical residences of the 16th Arrondisement in Paris or the Ringstrasse in Vienna. It is extremely rare that homes are released to the market in this spectacular location. Andrassy Boulevard is Budapest's principle thoroughfare and embassy belt, the celebrated two mile avenue has earned an even greater accolade when UNESCO proclaimed it a World Heritage Site.

A Truly Unique Location

Andrassy Palace is located on a beautiful square on Andrassy Boulevard, close to the hustle and bustle of the city yet sheltered by the trees and statues of the Kodaly Circle. The development is within walking distance of all the principle monuments of Budapest including the truly impressive Heroe's Square, the Ballet Institute, The Opera House, the Gundel Restaurant, and the City Park. There is not a more prestigious location in the whole of Budapest.

History of the Building

The impressive, eclectically styled palaces reminiscent of Tuscan architecture surround Koday Circle, forming a complete circle. The palace was built and designed by Josef Kausner, one of the most respected architects of the Austro-Hungarian empire, who was also heavily involved in the building of St. Stephan's Basilica and the Opera House.

These exquisitely designed architectural and historical monuments are the most imposing landmark properties on the entire avenue.

Passers-by and residents alike have long enjoyed the harmonies of the composer Kodaly. The composer used to live in one of the four buildings, which now houses the Kodaly Museum. The circle is decorated with gracious statues of figures from Hungarian history.

Concierge Services

Monument reconstruction will restore the eclectic and romantic atmosphere that these properties radiated when they were originally built in 1884. High quality interior design will be completed by reputable architects at the developer's cost to meet the most luxurious and demanding requirements while maintaining 19th century grandeur.

An independent club equipped with a dining area, a sauna, a fitness room, a private wine cellar in the basement and many other facilities exclusively available to residents.

A special feature of this unique project will be the large sun terrace and garden on the roof, providing a spectacular panorama of the city. Both buildings will have 24 hour reception with security and concierge services.

A Once in a Lifetime Opportunity

This is a truly special opportunity to own a slice of history in the most prestigious location in the whole of Budapest. The prices are extremely resalable considering the calibre of this project.

Email us today to find out more about this exciting investment opportunity.

Here are the details of some of the latest properties our partners are promoting

Apartments	From €54.000
Toscana Gardens is located in the emerging District IX sector in Budapest, five minutes walking distance from the celebrated River Danube, with landmark buildings such as the Hungarian National Theatre, the Congressional Hall and the Ludvig Museum of Modern Arts all nearby. Lurdy Shopping Mall with its movie theatre and multitude of shops is also close by as are various new university campuses.
Development Features Tuscan style patios and gardens Coded entrance to resident's areas Underground car parking Indoor swimming pool Fitness and wellness facilities Excellent public transport nearby: Metro, trams & buses

Email us today to find out more

Apartments	From €86.000
Fantastic buy to let investment located in Budapest's most prestigious residential area, Castle Hill. This project offers investors 5% guaranteed rent per annum for 3 yrs.
Development Features 5% guaranteed rent for 3 years Superbly located on the Buda side Make money on your investment now Highly regarded developer Highest quality finishes Walking distance to all amenities

Email us today to find out more

Apartments	From €124.000
LUXURY WATERFRONT APARTMENTS Invest in one of Budapest's most luxurious waterfront developments. Only 57 apartments!
Development Features Stunning location - panoramic views of the Danube Luxury concierge apartments - unequalled services District IX, Budapest's corporate & cultural hub Attractive payment schedule: 30% - 70% High rental returns expected for investors

Email us today to find out more

Register now for up to date property developments for Investing in property in Hungary

Please complete all sections to be sure of receiving the latest information