Budapest has overtaken Prague and even Munich in investment levels in Real Estate
Budapest has ranked as the eighth most attractive city in Europe this year among property investors – as per the latest assessment of the world economy.
In 2016 Europe can count on substantial capital influx in the property market - according to the latest research by property consultants. In addition, growing interest in real estate investment is very important, after investors' risk appetite in first-class properties is becoming important again.
The survey relating to the appreciation of the Central and Eastern European region in the property market has shown that 23 percent of respondents called it a destination for investment, partly explained by investors growing appetite for the region as in the second half of 2015 the prime property yields fell sharply in Western Europe.
Looking at the cities of London maintained its leading role, 15.1 percent of investors called it the most preferred city, but the British capital's advantage is getting smaller. Madrid (12.2 percent) in the second and Paris (11.6 percent). This year, Budapest (2.9 percent) finished in eighth place, ahead of Prague (2.7 percent) and Munich (2.4 percent).
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