The world wide crsis is making its impact felt in all areas of business. banks are reluctant to provide money for real estate transactions - investors are focussing on other areas of business and governments are trying to save workplaces and funds to limit the chance of a global reccession.
Hungary - properties are still lucrative business
Before the bubble burst the fund managers were on the move out of this region. Spanish and UK companies were looking property investments elsewhere. Those who decided to stay are looking for off-plan investing opportunities or the so called buy-to-let apartments in Budapest area.
Need accommodation? Budapest flats for rent.
Hungarian real estate market
Looking for some good property investment opportunities? Real estate investing in classical apartments or buildings with tenants? Alternatively we must not forget about the retail units and offices that look attractive with American investors as well - but British counterparts are equally interested in buying and selling Hungarian property.
Most agents are prepared enough to educate people willing to invest in Hungary - in Budapest especially. They set up a guide on the market and have several comprehensive offers to come up with for UK or US investors.