What better excuse to travel than to prepare for future real estate investments..
Some of the key focus points for my future real estate investments are that investment needs to be:
- located in a touristic area;
- In the center of a city
- in a relatively unknown real estate area with future growth
- Appealing through all seasons
So as a family we agreed to visit at least one potential area in Hungary per month. And the first visit was to Mako in the south of Hungary near to the Romanian border.
Mako is mainly known for the cultivation of unions and garlic and because of its famous architect, who uses these vegetables as an inspiration for architecture.
It has some nice tourist atractors, like the “hagymaticum” thermal bath complex, a canopy walk, some nice architecture and a beach at the river for summers. So it is an all season destination.
In the middle of the Center there is a nice early 19th century building, with the potential to be improved and posing a great investment for some instant hotel room (AirBNB) set up. With the potential to generate passive income in the distant future.