Budapest Property
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The
demand for property in Budapest continues to increase
as Hungary’s only major city dominates the Hungarian
economy, attracting almost 60% of total foreign investment.
In the city centre areas, apartment type properties
continue to be the most popular housing which has encouraged
new construction throughout the city. Some sources
state that annual appreciation
is on average 16% in Budapest and that rental
yields reach on average 6%. Currently properties are
selling in other major European cities for many times
the cost of propery in Budapest. Vienna, less than
3 hours away by train, remains between 2 to 3 times
more expensive.
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About
Budapest
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The
beautiful city of Budapest is divided
into two halves (Buda and Pest)
by the river Danube. On the Buda
side, the area of Castle Hill originates
from the 13th century. With the
Pest side being two thirds of the
city, the City Park provides open
green spaces, as well as various
activities such as the Aviation
Museum, the Transport Museum, and
the Zoo. Here you will also find
the Széchenyi Baths going
back to Turkish times and the swimming
pool.
Budapest is a cultural Mecca
with a festival for each of the
four seasons. Budapest Búcsú (June)
is a rock and pop festival held
at open-air venues around Budapest
and celebrates the last Russian
soldiers' departure from Hungary
in 1991. The Castle District
hosts September's International
Wine and Champagne Festival while
the Summer Opera & Ballet
Festival provides the opportunity
to see some of the world's finest
performers in Budapest's amazing
Opera House at affordable prices.
Hungary's premier sporting event
is the Hungarian Formula One
Grand Prix held in mid-August
each year.
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| HOW
TO GET THERE |
The national
carrier Malév Hungarian
Airlines operates nonstop flights
between Budapest (Ferihegy Airport,
located approximately 28 kms from
the city centre) and North America,
the Middle East and most European
centers.
EasyJet also flies to Ferihegy
from London’s Gatwick airport.
SkyEurope Airlines (the first low
cost airline from Central Europe)
also flies 10 flights per week
from London Stansted to Budapest.
Regular dedicated airport busses
depart from the city centre (Erzsébet
tér) to and from the airport
every 30 minutes.
For a more luxurious alternative,
a hydrofoil service along the Danube
will take you to and from Vienna,
Austria.
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Other
Regions in Hungary : Lake
Balaton Transdanubia
(West Hungary)
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Additional
Resources
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The Internet Guide To Budapest and Hungary - Budapest City Guide - Internet Guide with Budapest Hotel Discounts, Maps, Travel Information and Area Attractions, City History, Budapest and Hungary Sights, Photos. Budapest, the capital of the Hungarian Republic, lies in the centre of the Carpathian Basin in Europe, on both sides of the river Danube. It has an area of 525 square km. It`s population of about 2 millions is 20 per cent of the country`s total.
Due to a fault line shaping the course of the Danube valley, a great number of thermal springs came to the surface at Budapest. Budapest`s reputation as a spa is based on these wells. Budapest is the world`s only metropolis, where there are more than 130 thermal springs and wells. Budapest`s twenty public baths from Turkish and wave baths, over open-air swimming-pools and hydrotherapeutic establishments to spa hotels, offer a wide range of services . . .
cityguide.budapestrooms.com
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Cycling Holidays in Hungary - Cycling tours in Hungary, available as self-guided around the region of
Lake Balaton south west of Budapest. The cyclists experience cultural,
historical, folk and architectural pleasures. Lake Balaton is known as the
Hungarian Sea. During summer the water is wonderfully velvety and smooth and
has many sandy beaches allowing the cyclist to relax before, during and
after cycling.
hookedoncycling.co.uk
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