In the early stages of the Hungarian market to foreigners, before the Irish and English got involved, I was able to pick up a handful of parking spaces that were left over in a new development in the city centre in Budapest. This was before the developers knew the real value of downtown parking, and I got them for small money at the time. All are now leased to a foreign multinational with offices nearby, giving an obscene return on the original investment.
The traffic in Budapest was light then, and nobody paid for parking, you could always get parked on the street. A few years later however the number of cars increased exponentially and the clampers came on the scene.
On the other hand, you wouldn´t find that kind of value there nowadays; the developers are much sharper now.
It is always possible that such value is available in other emerging city markets, but that is not the kind if deal you will get from an agency or on the internet. You have to be there and spot the gap in the market and grab it quickly.