Danubio Park is situated in District 13 which has the highest concentration of class A office space and housing. District 13 is Budapests main business and commercial area including the largest shopping mall in central and eastern Europe & has many international retail brands, cinemas, restaurants and bases of large multinationals like KPMG, General Electric, Diageo & Exxon.

Another major boost for the area is that the new Hungarian Whitehall which will house many government ministries will be constructed in the area by 2009 which has further boosted residential investment in District 13.

Young professionals are flooding into the area which offers excellent transportation links and fantastic backdrops adjacent to the marina on the Danube.

Budapest (known as the Pearl of the Danube) is a visually stunning city boasting a rich architectural heritage and is attracting new residents not just from Hungary but from other European cities who are flooding there to take in the bustle of the emerging city coupled with the beauty of a city reminiscent of Paris and Vienna.

Good Reasons to invest in Budapest

1.Economy
In the past 5 years Budapest has become one of Europes most dynamic cities attracting large amounts of foreign direct investment, and housing European headquarters of some of the worlds largest companies e.g. Sanyo, Nissan, IBM, Hewlett Packard to name but a few, attracted by the high levels of educated workforce and the cheaper costs of property. 45 of the worlds top 50 companies have offices in the city.

2.Rental Yields
The cities rental market is booming with properties in the city producing average yields of 6-7%. As most people are buying to let, the area and condition of property are paramount to maximize rental yields. In Budapest potential tenants vary upon the district the property is located in but most rentals are traditional to young couples, students or foreign business people and modern accommodation is in high demand.

3. Transport
Sky Europe and Wizz Air both use Budapest as the centre for their CEE operations and flights from Dublin and the UK are readily available, Aer Lingus flying direct to Budapest several times a week. Being the centre of Hungary, Budapest is the focal point of most of the major motorways, the M1, M3, M5, M7 and a large M0 ringroad currently under development to be completed by 2011. Budapest also has extensive rail links to most major European cities and has a highly developed public transport system combining metro, tram and bus.

4. Prices
Property prices are much lower than those of other European capitals and many compare Budapest to Dublin in the mid 90s when similar economic factors were in force i.e. increased foreign direct investment, EU funding and an educated workforce.

5. Eurozone
As the country is adopting the euro in 2010 it means that interest rates are dropping to fall in line with other member states. As in other countries in the past, this is stimulating the property market with many savvy buyers now entering Hungary. With anticipation of adopting the euro, mortgages are becoming cheaper for nationals and foreign investors alike with banks becoming much more competitive with their borrowing terms an