Saturday, 8 September 2007

My Prediction: 2008 will be the year of Kosice

I am extremely bullish on Kosice - have been for years. The Google Trends screenshot shows clearly what's going on - more and more people are looking for info on Kosice on Google.

If I had the cash to spare or goodwill to borrow I would buy a nice place in the centre of Kosice, banking on its finiteness and the Skyeurope flight from London. My guess would be about 50% appreciation over the next two years.

There are real estate investment opportunities galore right now. The market is somewhat illiquid, I believe, but that may open opportunities for a buyer ready to pay in cash.

It wasn't easy to find English-language blogs in Kosice but in the end I came across a fellow internet entrepreneur, a Peter Soltes.