Shooba has become a market leader in selling cheap property in Hungary, particularly in Budapest. Just because property is cheap in Hungary it does not mean buyers are compromising on their investment. Prices start from as little as £40,000, which compared to the rest of Europe is extremely cheap.

Many clients are looking to invest in property overseas as a way of getting on the ladder and as a buy to let investment, this makes purchasing in Eastern Europe an ideal solution as places like Hungary property is cheap in comparison to the UK where prices have become too inflated and the rental market is high.

There are many reasons to invest in cheap property in Hungary

• Capital growth approx 30% pa
• Many companies moving their head offices there such as PWC, CSFB, KPMG – good rental yield for corporate lets at approx 6-10% net. Making investing in cheap property in Hungary increasingly popular
• 70% mortgages available, as property in Hugary is cheap this will give you relatively low mortgage payment
• Long time till completion allowing you to take advantage of  capital growth whilst only putting down a small deposit
• Reassignable contracts – allowing you to flip the property
• Fantastic payment terms
• Hungary is in the EU
• Budapest is the largest growing capital city in the whole of eastern Europe
• Many budget airlines go to Budapest – making it a growing tourist destination
• City holds onto its culture and beauty – good tourist attractions
• Living is relatively cheap including taxis and transportation
• Transport system is excellent
• Has the same life as a 1st world capital city, but at much cheaper rate
• BAA have just purchased the airport

If you are interested in discussing the possibility of purchasing cheap property in Hungary please do not hesitate to call us on 0870 067 8868