A few reasons why both professional and private investors like to invest their money into Hungarian real estate investments:
Stable and investor friendly legal framework
Great variety of tax structures to meet maximum profit on investment
Due to European Union and local government funds the monumental areas of Budapest are under continuous renovation and the infrastructure is under ongoing modernization and capacity extension
Hungary and Budapest is strategically located in the heart of Eastern and Central Europe and operating as a commercial crossroad between East and West, with one of Europe’s most important waterways, the Danube, cutting through the country.
With a rich and more than 1100 hundred year old history and culture, Hungary has a highly educated and motivated work force and this is one of the most important reasons why major corporations choose Budapest as their regional center.
Budapest property prices are approximately 25% lower than those of Prague and Warsaw, and 2-3 times cheaper than prices in major western European countries.
In September 2013, the EU approved a total funding of €25 billion to be invested in Hungary by 2020 to accelerate economic growth in the country.
Hungary aims to adopt the Euro within the next few years. This will mean lower interest rates, cheaper mortgages, more inward EU investment in the city and consequently, prices will experience a boom.
Comparison of the average new flat prices in EUR / m2. 2500-3500 EUR Budapest 4000-6000 EUR Prague 3000-4000 EUR Bucharest 2500-3500 EUR Bratislava
About Hungary in General
Why To Invest In Hungary
Budapest The Capital City
Taxation in Hungary
Hungary Double Tax Treaty Network
Highlights of Hungarian Company Law
Investment Opportunities in Hungary – Real Estate Market in Hungary If you’re doing business in Hungary, your company might enjoy low-interest rate loans and other perks. However, investors in Hungary can also easily obtain real estate. If you are interested in the best investment opportunities in Hungary – the country’s real estate market – keep reading for the key market facts and legal requirements. Market Size 2019 vs. 2018 The size of the Hungarian real estate market has been on a steady rise in recent years. 2018 saw a big rise in both prices and demand as the Hungarian economy continued its recovery following the 2008 and 2015 financial crises. 154,000 contracts were signed in 2018, while the estimates for 2019 average around 160,000. The real estate market boom, supported by the continued rise of the Hungarian economy, has carried over into 2019, as well. The prices are rising as is the demand, both in Budapest and around the country. The period that many dubs the golden age doesn’t look like it will end soon, making this the perfect time to invest in real estate in Hungary.