Budapest Real estate news, Articles and information about Budapest city

Analysts anticipate a robust recovery in Hungary's housing market in 2025. Factors such as rising real wages, a reduction in the central bank’s base rate, and improved credit market conditions are expected to stimulate demand. Government measures, including the extension of the discounted 5% VAT on newly built apartments and proposed reforms in rental regulations, aim to further bolster the market. However, while these initiatives are designed to boost demand

With house prices more than tripling from 2010 to 2024, reflecting an average increase of 218%. Budapest, the capital

Budapest's Growing Tourism Impacting the Real Estate Market, the mesmerizing capital of Hungary, has been steadily gaining popularity amongst avid travelers seeking a unique blend of history, architecture, and vibrant culture. In recent years, the city has witnessed a significant surge in tourism, propelling its real estate market into the spotlight. Let's delve into the captivating world of Budapest tourism, analyze the tourism growth over the past 5-6 years, and explore how

Steeped in history and architectural wonders, Budapest, the vibrant capital of Hungary, has emerged as a beacon for real estate...

The real estate market in Hungary saw an upswing in the first three months of 2024

Hungarian properties are gaining value

According to the KSH, in the last eight years, Hungarian housing prices have increased by more than two and a half times, which is the highest in our region and in the European Union, Compared to last year, the proportion of properties sold for over one million forints per square meter rose by two percentage points to ten percent nationally, while in the capital, their proportion jumped from 24 percent last year to 30 percent this year

The number of districts in Budapest where the average price of real estate is over one million forints per square meter has doubled.

The rental market in Hungary has also seen an increase in supply, which can be seen as a prelude to the summer season, Portfolio explains. In mid-June, tenants in Budapest and nationwide had 14-18% more apartments for rent to choose from. The national rental supply consists of more than 11,800 apartments and houses for rent. According to an expert from leading real estate agency, if the supply growth persists, it could put a brake on rent increases.

Is real estate in Hungary worth it? Hungary has become a popular travel destination in recent years. Every year several million tourists explore the capital of the country Budapest or enjoy the idyll of the region around Lake Balaton, Europe's largest inland lake and world-famous bathing resorts.

Hungary has the highest property price growth in Europe, In the last 7 years, Hungary has seen biggest price increase in any EU country

Hungary ranked as the second best country for long-term property investment, New research from Compare the Market reveals the best countries for long-term property investment across 34 countries analyzed Lithuania was found to have the best investment record, with an increase of 56.65% in property prices between 2015 and 2021, Hungary comes second on the index (18.18/20) with a property price rise of 68.32% and a 20.90% wage increase in the six years. the Czech Republic are

The latest apartment prices in Budapest have arrived, national housing prices rose by only 1 percent on average, according to the third quarter data of the KSH. The change compared to the previous quarter was so great, the increase was still 21 percent compared to the same period of the previous year.