Visegrad, despite its size is a small but well noted town in the northern part of Hungary. Translated from the Slavic language it means ?upper castle?. King Charles of Hungary made Visegrad his hometown and royal seat in 1325. Being host to important political congresses during those times, Visegrad fell in stature in 1526 after the battle of Mohacs. Today Visegrad is reminiscent of what once was and looks very much like a medieval town. Sitting on the mighty Danube River it is home to only a couple of thousand inhabitants. In 1991, the leading politicians of Hungary, Czechoslovakia, and Poland met in Visegrad to form a periodical forum between these three countries, called the Visegrad group.
Hungary has long been known by history buffs and those who appreciate grandeur architecture to be a country worthy of visiting. The late decline of real estate and employment has stabled itself and housing is now increasingly becoming a valuable option for investors. Compared to other east European countries where demand is bigger than supply, Hungary?s market is still somewhat under developed and this is one advantage that many appreciate.
