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. The latest apartment prices have arrived, The latest national house price index of the CSO for the third quarter of 2022 has...
April 2026
Why is now the best time to invest in real estate in Budapest? With every crisis comes opportunities
Drastic change in Hungary’s property market Prices in the Hungarian property market showed a considerable increase in the last few years. That trend seemed to be unbreakable. However, COVID and the ongoing war in Russia, hand in hand with the brutal high Hungarian inflation and the decreasing forint value, resulted in a significant change. Here are why now is the best time to invest in real...
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, as well as a 39.74% increase in average wages across the same period coming in second and third place on the index were Hungary and Iceland,...
We present the list of the cheapest and most expensive streets in Budapest - according to housing prices - in a comprehensive article . Following a similar method, we looked at the cheapest and most expensive public areas of all districts, and the price differences between them. Choose from several beautiful layouts A significant part of Budapest's districts is not...
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...
Favorable location The easy accessibility of Hungary is often cited as one of its main advantages: it is at the crossroads of three major European transport corridors. Hungary has one of the highest motorway densities in Europe and has three international-, and four regional business airports. The country’s location enables companies to have morning calls with Asian countries and afternoon calls...
Budapest was the result of the merger of three cities Budapest became a city on November 17, 1873 when the three neighboring cities of Pest, Buda and Óbuda united. The unification was an extremely important historic event that lead to a rapid development of the city. However, finding a name for the new new capital stirred a lot of controversy. Some of the names suggested included Hunvár,...
Hungary has become the European leader, but most probably not in the way it intended to. In the last 7 years, Hungary has seen biggest price rises than any other country in the European Union. The prices of new homes have surged by 19%, while in the case of second-hand homes the increase is currently 20%. In Budapest, the unit price of new dwellings crossed the HUF 1,000,000...
Christmas market in Europe. It was also named the Best Eco-Friendly Christmas Market. The title of "The Most Beautiful Christmas Market In Europe" 2020, voted by thousands of travelers from around the world, has been awarded this year to The Advent Feast at the Basilica in Budapest, a city that was also awarded the title of Best European Destination. The prize was announced on Tuesday,...
1. Restrictions Can anyone (including foreigners) own and occupy real estate in the Hungarian jurisdiction (including shares in property owning companies)? Are there any restrictions? In general yes, foreigners may own and occupy real estate and can hold shares in property owning companies, but acquisition of real property in Hungary by foreign (non-EU) legal and private persons is...