Hungary Real Estate

By: Seth Willis Jr.

Heart-stealing Hungary will keep you coming back for more. Visitors can never get enough of the relaxing thermal spas, the rich wines and amazing bird life among its other wonders that Hungary Real Estate offers.

Tourists can marvel at the 2000-year old Roman ruins that are found side-by-side with 400-year old Turkish monuments and stay at majestic palaces that are converted into uber-luxurious hotels in Seregélyes, Szirák and Nagycenk. Hungary Real Estate is home to Lake Balaton, the largest lake in Central Europe and a natural paradise for families on vacation. Tens of thousands visit Hungary every year just to partake in the famous horse shows and experience the Hungarian culture and folk art.

Budapest

Hungary Real Estate boasts one of the most beautiful and enchanting capitals in the world- Budapest, which is also known as The Pearl of the Danube, Paris of the East, The City of Baths and The Little Paris. Budapest is host to a variety of sporting as well as cultural events and has an exciting arts and music scene and attractive cafes.

Budapest also has the unique distinction of being the only capital city with 12 medicinal baths and about 100 thermal springs within the city limits, with 19 million gallons of thermal water gushing to the surface daily.

Despite tremendous development the old world charm is still evident in every nook and cranny of Budapest. There is a harmonious blend of superb structures and architectural styles. The baths, cafes, culture and legendary hospitality combine to give visitors an extraordinary experience.

Art and culture lovers are spoilt for choice with the 223 galleries and museums, 237 monuments, 90 cinemas, 12 concert halls, 35 theatres and 2 opera houses that can be founding Budapest alone.

Thermal spas of Hungary
Hungary Real Estate has an astounding 1,000 hot springs and sufficient spa facilities for 300,000 people to be accommodated at the same time. Thousands of visitors throng Hungary Real Estate to lounge in the numerous thermal spas either to get rid of their stress or in an attempt to cure themselves of specific ailments.

The earth's crust at the Carpathian Basin is very thin, so waters easily break through and rise to the surface. It is popularly believed that all one needs to do is push a stick into the earth anywhere in Hungary and Voila! Another thermal bath would spring forth.

An attractive investment
There are many factors that make investing in Hungary Real Estate very attractive. The Hungary Real Estate market, particularly Budapest offers tremendous capital appreciation and seems all set to continue doing so whereas capital gains taxes are on a downward trend. Foreigners popularly invest in Hungary Real estate as corporations as this allows them to deduct huge expenditure costs of renovations, mortgage interest, repairs, insurance and other items.

Reports show that the Irish are the biggest investors in Hungary Real Estate, buying about 40 - 60 apartments a week.

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