QUOTE (focus @ Jan 7 2008, 09:54 PM)


Hi
I have a studio in district 2 for the last 3.5 years, I want to sell it because I have been unable to rent it. I have been trying to sell it for the past year. The company I am dealing with don't have an interest. Can anyone recomend a good sales agency for this area.
There are some decent agencies out there mate. Who have you tried so far?
I have several apartments in Budapest currently being built in anticipation of Budapest revival. The austerity measures are working to some extent and it will not be long before tax cuts arrive.
You should at least wait until the Capital gains tax flat rate kicks in UK - in April 2008 - if it actually happens that is. Just as well that it hasnt sold in that period - the new tax threshold will save you 18% if you bought under your own name and not a company.
All in all im rather positive about Budapests future, I know there are issues ....... but I can see past the problems. You know what they say .... buy at the bottom of the cycle ..... well thats where we are now.