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At the root of a tree on the hillside above Hotel Merkur in the centre of Donovaly, ca. 25 m from a narrow road along the red tourist sign E8.
Donovaly, hardly more than 2 hours drive from Budapest, is an ideal place for skiing in winter and a favoured touristic centre in summer. It is worth stopping here on the way to the High Tatra from Hungary.
Approaching Donovaly on E77 from the direction of Banská Bystrica (Besztercebánya), turn right after the pedestrian bridge (N 48'52.672, E 19'13.432), and then follow the signal of your gps. The tree hiding the cache can be found at ca. 25 m from the narrow road, along the red tourist sign E8 (on the hillside above Hotel Merkur).
In wintertime (in the lack of snow-chain) leave the car in the central car park (free), and approach the cache on foot by a comfortable, 10 min walk. The upper end of one of the ski lifts is ca. 30 m from the cache, i.e. you can ski to the cache. In summertime this solution is not recommended. :-)
I wish you a pleasant hike or skiing,
(No hints available.)
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Coordinates are in the WGS84 datum