WHY INVEST IN HUNGARY/BUDAPEST?

• Of the 10 countries joining the EU on 1 May 2004, Hungary has proved to be the most dynamic, with one of the most stable and wealthy economies in Europe.

• 20% of Hungary's population resides in Budapest which generates 60% of Hungary's GDP.

• More than 45 of the 50 largest Blue Chip multinationals have already established their European hubs in Budapest.

• A shortage of hi-spec new-build accommodation in the city centre (where much of the residential accommodation is in need of renovation) has resulted in a captive rental market driven by increasingly affluent citizens and foreign employees.

• Budapest is the European capital with the lowest cost of living and consequently the lowest property prices.

• There is a serious scarcity of suitable building plots in the city.

• A wide choice and good quality of Hungary furniture packages are available, saving investors time and money

• Budapest is an increasingly popular year-round city break destination due to its enviable climate, rich cultural heritage, wide-ranging cosmopolitan appeal and world-class transport infrastructure.

• Already served by budget airlines such as Easyjet, Wizz Air and British Midland (in addition to scheduled flights by British Airways and Malev), BAA's successful 2006 bid for a 75% share of Budapest's Ferihegy Airport signals the way for further expansion and modernisation making Budapest a future mainstream hub for flights throughout Europe and beyond.

• Budapest property prices are significantly undervalued, with year-on-year prices rising by between 10 and 20% since 2004.

• Following a 17% per cent increase in the first six months of 2005, revenue generated by tourism is predicted to more than double between now and 2010.

• 70% of all foreign investment is made in Budapest.

• Rental yields of anywhere between 6% and 15% depending on location.

• Predicted to be Europe's logistic centre of the future, Hungary's 16% corporation tax is one of the lowest rates in the EU.

PLUS, of course, to eliminate any lingering doubts or concerns you may still have when it comes to investing in an emerging market, VIVA Estates are solely associated with those developers and partner agents whose high standards of professionalism match our own, and who have an office in Budapest itself; while our lawyers have already completed a strict process of due diligence confirming that where available, all necessary licenses, permissions and safeguards are firmly in place.

So if you're HUNGARY FOR A SECURE INVESTMENT... look no further!