Situated on the outer perimeter of Central Southern Europe, Hungary has emerged from the iron grip of communism and been thrust head first into a newfound democracy. Since then the country has begun to develop at a consistent rate. In 2004 they joined the EU which opened up a whole new world of possibilities for the country’s economy to flourish.

Although Hungary has been one of the hardest hit recently by the global financial crisis, there still remains scope for growth. As a perfect example of this, Daimler has announced an 800million euro investment in Kecskemet, just 80kms south of Budapest. They intend to produce 100,000 cars at a purpose-built factory. The factory will employ 2500 people and will indirectly create an additional 10,000 service jobs. If such a large company can still have faith in Hungary’s potential, then we all can.

The infrastructure in Hungary is exceptional with motorways and rail transport connecting it with Austria, Slovenia, Slovakia, Romania, Serbia and beyond. In August 2008, the Slovenian and Hungarian Prime Ministers jointly opened two new motorways that provide a new fast link between the countries, and Budapest now has a direct fast link to the Adriatic Sea for the first time ever. This was a historic occasion and one that will undoubtedly contribute to the future success of Hungary’s economy.

With all this the Hungarians now enjoy a stable democracy with a well educated workforce and are fast growing into the new Europe.

With properties for all budgets and tastes, Hungary is the next big thing. Get on board now while it is still affordable. There has never been a better time to invest.

Useful link: http://www.motorway.hu/Engine.aspx