Profitable Investment Real Estate For Sale in Pécs, Hungary
Pécs is a historic city located in southwestern Hungary, near the Croatian border, that attracts foreign investors from countries that include Germany, Austria, and other EU countries.
Large numbers of international students attend the University of Pécs, the fifth-largest city in Hungary, which also acts as an focus for commercial activity in Hungary, supporting the rental market. Investors can find opportunities in both student housing and luxury residential properties catering to business professionals and academics.
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
