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Why Budapest?

 By plane, London is only 2 hours away from Budapest, which is one of the most beautiful among the capitals of the World. This may sound a bit subjective, but experience it!

Besides the breath taking view and the kind people, when buying a property abroad you must take into consideration the accessibility and popularity of the country and the location. Recent statistics show that tourism in the Central- and Eastern Europe is rising sharply, in particular the number of trips to Hungary has increased significantly. 

As the latest publication of the Hungarian Central Statistical Office about the Characteristics of international trips states, "In the first half of 2007 17.3 million foreign visitors entered Hungary, by 5 percent more than in the same period of the previous year." This fact indicates a progressive investment potential, and contributes to the continuously developing participation of the country in the economic and financial circulation of Europe. There is also a significant trend that Western European retirees are seeking out locations where they can enjoy a good lifestyle at an affordable cost of living.

Hungary is widely recognized as such a location, and its property market is predicted to experience continuous growth even due to this phenomenon. Hungary joined the European Union in May 2004, and since then the country's EU Membership had an accelerating effect on the financial activity of the country. Although Hungary is about to join the Euro zone in 2012 the earliest, there are already numerous favorable EUR and CHF based mortgages available on the Hungarian mortgage market. The banking sector is starting to become internationally more and more competitive in providing mortgages, increasing the number of foreign clients in the market. Thanks to our mortgage experts and our well-running bank relationships, Budapest Mortgage can offer a highly competitive package on the Hungarian mortgage market, especially focusing on the foreign client segment

 

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