REAL ESTATE AND TOURISM

Why invest in the Hungarian property market?

• In general the property sector’s prime submarkets saw growth in rent levels thus decreasing vacancy ratios leading to increased investor appetite and transaction volumes.
• By investing in property, the highest returns can still be achieved in the CEE region.
• There is an increasing volume of investors eyeing the market and amongst the hotels the upscale/luxury sector is very much favoured.
• Improving the image and increasing the popularity of Budapest as a city-break destination.
• There are a number of seasoned destinations in provincial Hungary that could support the advent of new hotels and resorts.
• Tourism volume and hotel performance have shown a continuously increasing tendency since 2009 both in respect to Budapest and the countryside converging into solidly performing hotels year in year out.
• High investment appetite experienced for quality income generating products meets limited supply.
• Hungary is regarded as the fifth strongest health and medical destination in the world due to its excellent geographical location, outstanding quality of thermal waters and abundant geothermal resources.
• The country is a politically and economically safe destination.