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Buda Luck
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Arriving in a new city is always exciting and Budapest is no exception. From the moment you board your Budapest airport shuttle, you can feel the history of this ancient capital, and on the ride to your hotel you could catch sight of some of the city's most famous landmarks.
The Danube
Approaching the city, the 20 mile Budapest airport transfer journey will pass along the beautiful Danube River. The Danube has been described as one of the world's most romantic rivers, and even from your Budapest airport transport you will be able to see why. The river dissects the city neatly in two, dividing the quieter Buda on one side, and the bustling Pest on the other. The banks are lined with buildings in the eclectic mix of Classicist, Romanesque, Gothic and Art Nouveau architecture for which Budapest is famous.
The Parliament
Depending on which route your Budapest airport shuttle takes, you could pass by in close proximity to perhaps the city's most magnificent building - the Parliament. This stunning structure has become the symbol of Budapest, its massive 18,000 square feet housing 691 separate rooms, and a library of half a million volumes. The fabulous detailing on the outside can be seen from your Budapest airport transport, but you will definitely want to pencil in a closer inspection of the most extravagant building in Hungary.
St Stephen's Basilica
Just around the corner you can spy the towering dome of St Stephen's Basilica. Many of the country's celebrated artists and craftsmen worked on it, over fifty years of construction and decoration. A true collaboration, this wonderful neo-renaissance dome is even more impressive on the inside. So as you whizz by in your Budapest airport shuttle, make a promise to come back and venture to the top (by elevator!) and enjoy panoramic views of the city.
The Opera House
Another magnificent example of Budapest's neo-renaissance architecture is the Opera House. If you are lucky enough to be staying nearby, your Budapest airport transfers may whisk you by this on the way to your hotel. It is an amazing feat of architecture, and the entire front of the building is decorated with intricate statues of renowned composers. It took nine years to complete, and at its splendid opening in 1884 it became Europe's most modern opera house. Inside, a magnificent marble staircase dominates, and the walls are adorned with frescos. Although it the outside can be appreciated from your Budapest airport shuttle, you will need to come back by foot to enjoy the fabulous interior.
Buda Castle
Although your Budapest airport transfer may not take you past the famous Buda Castle which presides over the city, you will probably see a tantalising glimpse of it from a distance, which will whet your appetite for a closer inspection. Beginning life as a fortress in the 13th century, the castle was later extended to become a palace, and has undergone several major reconstructions. It now houses the Historical Museum, the National gallery and the National Library, and you can catch a funicular to the top from the eclectic Castle district of the city.
By the time your Budapest airport transfer reaches your hotel, the city will be beginning to feel like an old friend. Take some time, relax and unpack and then let her take you by the hand as you explore her many fantastic sights. But as with all holidays, all too quickly you'll be boarding your Budapest airport transport for the return journey - so don't waste a single precious moment of your time in this beautiful city.
Gergely Garami is a Budapest airport transfer driver for Shuttle Direct. They provide pre-booked shuttles to major destinations all over Europe. Wherever you travel, Shuttle Direct can make sure that you don't miss your car on your holiday abroad.
Hungarian Housing Market Hit Less Hard by Credit Crunch
According to real estate analysts, Hungary has probably avoided the worst of the credit crunch, which sunk property prices in the United Kingdom, the United States and parts of continental Europe by dramatic proportions.
Hungary’s real estate market appears to have been quite fortunate in this regard for two reasons. First, lending and mortgage conditions have traditionally been stricter and as such, people in potentially precarious financial situations found it more difficult to find the funds to purchase a home that would have been out of their reach.
Second, property prices in Hungary were nowhere nearly as inflated and overvalued as those in the US and the UK.
Despite this positive news, Dávid Valkó, a financial analyst associated with the Hungarian firm Otthon Centrum, told an online news magazine that Hungary was in for rougher times this year. Land prices—even in trendy or up-and-coming areas-- have fallen back somewhat since the beginning of the year and foreign investors seem to be more hesitant about purchasing real estate in Hungary.
The real estate market also appears to be shifting and this may be a favourable development for smaller towns in rural Hungary. While requests for permits to construct new homes fell by 11 percent in Budapest, the nation’s capital ,during the first six months of the year, the number of permits actually increased by 10 percent in the rest of the country.
In total, Hungarian authorities handed out permits for the construction of nearly 21,000 homes in the first half of the year alone.
There is a clear preference in the Hungarian real estate market for newly built flats or homes, as opposed to units in older buildings. Yet those looking to take advantage of this situation may be in luck, says Graham Reece, investment analysts at Prime asset Investments, prices of flats located in socialist era panel-style buildings (built in the 1970s and early 1980s) are expected to fall by 8 percent this year.
A number of these flats are conveniently located in and around Budapest, such as along Üllöi út, the main road leading out to Ferihegy Airport , or in Gazdagrét, a quiet, green area nestled among the Buda Hills.
http://www.primeassetinvestments.com
About the Author
Graham Hill is property investment strategist for Prime Asset Investments who bring together detailed economic and demographic research usually reserved for corporates with deep pockets to the ordinary investor. His insight and market expertise is uncanningly accurate.
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