Does anyone know the best interest rates available from banks in Hungary. I may buy an apartment in Budapest to let but it would be a lot simpler to put the money into a savings account.
Savings interest rates
fidobsa
11 November 2011 18:51:59
505
fluffy2560
11 November 2011 19:43:06
11293
fidobsa wrote:Does anyone know the best interest rates available from banks in Hungary. I may buy an apartment in Budapest to let but it would be a lot simpler to put the money into a savings account.
The return on apartments will probably be higher than a bank account, when accounting for inflation. On the other hand, an apartment is not a liquid asset, easily accessible. If you look on the real estate sites, you'll see lots of apartments to rent. Pick carefully otherwise it could be empty for a long time.
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