Hungary with a population of 10.2 million is one of the largest accession states that come into the European Union in 2004.  Budapest, its capital city has a population of 2.2 million people.  Only 2.5 hours flying time from Dublin and with so many low cost airlines it is now easier than ever to buy an investment property in Budapest.

The city of Budapest is both a cultural and economic crossroads in Europe and is attracting massive foreign investment from large multinational companies thanks to a young educated workforce whose language skills are exceptional.  The labour force is very strong in the I.T, Engineering, Medical and Scientific sectors. 

Currently the best areas to invest are the prestigious 5th district and the rapidly developing 6th, 7th, 9th and 13th districts which are all close to the central business district, the large number of universities, hospitals and Budapest’s superb underground system.  The rental demand is good from both locals, foreign nationals working in the city and foreign students.

Investors are presently snapping up both period classical apartments in the beautiful old buildings and new build apartments off plan.  Below you will find a selection of new build schemes presently on offer.

A luxury development of 112 apartments located in District 7 close to the main centre of Budapest and many office buildings.  This is a superb buy to let investment in down town Budapest due to its good location close to public transport and proximity to its many universities.  Services include reception with 24-hour porter, fitness room for the residents, wellness complex, coffee shop and roof garden.  Prices from 63,000 Eur – 250,000 Eur

Castrum House is a unique waterfront development in central Budapest overlooking the celebrated river Danube.  A development of only 57 apartments finished to the highest standards in a spectacular building in Budapest’s 9th District “The Dock Lands Area”.  Residence will benefit from a fabulous array of concierge services, fitness centre with swimming pool and commercial shop area.  Prices from 124,000 Eur.

The most prestigious location in Budapest, this newly renovated period building located on Budapest’s Andrassy Boulevard offers 64 luxurious apartments.  This development benefits from 24 hour reception and concierge services with apartments having stunning layouts.  Prices from 108,000 Eur.

These Exclusive Properties in the heart of the City incorporate the Key Investment criteria of:

• Limited Supply
• Value For Money
• Unique in their Design
• Location, Location, Location