The Real Estate Investment Case for Hungary

Prices in the UK now appear to be at a peak which presents the spectre of a downward adjustment in the coming years complicating the search for quality property investments.

In economic terms there looks set to be a real convergence with Europe and a parallel increase of house prices and GDP as occurred in Ireland between 1990 and 2001 where both more than doubled to a GDP per Capita of €30,000 and a Price per square metre (sqm) of residential property of €4,000.

With a per capita GDP of €7,000and an average price per sqm of residential property at €1,035 compared to €24,000 and €4,800 respectively in Paris and €27,00 and €8,000 in London there would seem to be scope for an upward move.