Budapest, March 18 (MTI) – Budapest is the eighth most attractive European city for property investors this year, overtaking Prague and Munich in a recent survey by international real estate services advisor CBRE.
The 2016 investment survey shows that a significant amount of capital is expected to be invested in the European property market, and after three years premium properties are again important to investors.
This year 41 percent said premium property is their most attractive target as opposed to 29 percent last year, the company said in a statement.
The most striking change in this year’s report is the increased value of central and eastern Europe. Some 23 percent of respondents said they would invest in the region this year, as against only 6 percent last year, CBRE said.