Budapest
is the capital of Hungary situated near the bank of the river Danube in Central
Europe and ranks as one of the top tourist destinations in Europe.
We
can easily reachhere from any corner of Europe and can also visit the neighboring
countries (Austria – Vienna, Czech Republic-Prague, Slovenia, and Croatia – the
Adriatic Sea). It takes only two hours flight to London from Budapest. The 23 districts of Budapest(kerület in Hungarian)are numbered clockwise, in
expanding circles just like Paris' arrondissements.
There are 17 districts of pest, seven of which are located
in the Centre. Districts V and VI are the most attractive areas for
overseas buyers. Budapest is a city of landlords: less than one person
in ten is inhabitant so mostly investors invest their money
in central locations to target the demand for rental property.
The Inner City is the best choice for property buyers who
plan to invest. Almost 90% of the Budapest flats rented out via Airbnb are
located in this district.
The Property prices are highest in Belváros. One-bedroom
apartments facing St. Stephen's Basilica and Liberty Square (Szabadság tér) can cost up to
€350,000.
The most expensive flats in District IV can cost up to
€450,000 and are found near Andrássy Avenue (Andrássyút),
the Champs Elysees of Budapest. It connects Heroes’ Square (HÅ‘sökter) to DeákFerenc Square (DeákFerenctér), which is
a UNESCO World Heritage Site.
Erzsébetváros is the smallest district, but also the most
densely populated of Budapest. Its "Jewish quarter"
There
are also two universities in the District VII so there’s always demand for
rentals.The district 9 is now an attractive
investment destination where landlords make a profit on student rentals
because of all the big universities are nearby.
The main neighborhood of District XIII in Budapest,
nicknamed the "Land of Angels" in Hungarian, is a quiet
and well-groomed part of the Hungarian capital that is popular with
families.
There is a number one website
where you can find property for
sale in Budapest i.e. Budapest Realtors.
Budapest Realtors
“Budapest realtors” is the
best real estate company in Budapest which provides many investment
opportunities in Budapest. They offer new development plans, construction of
family houses, apartments and investments in properties. as it is one of the
most fascinating cities of Europe, so the Budapest realtors assist their
clients to invest in real estate and save their future.
Services
The Budapest realtors offer
their services for:
·
Purchasing residential houses or apartments in
Budapest
·
Purchase of commercial; property
·
Management of Real Estate in Budapest
·
Rental
·
Advice and financial planning
Final word
The capital of Hungary
attracts about 10,000,000 tourist yearly, which keeps increasing of 6% by year,
with an average cost of 40€ for a night. What you get when you buy property in
Budapest, No yearly real estate tax and tax free on the sales and value after 5
years. So, try to invest in property for sale in Budapest through the best real
estate experts and dealers.